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Economy

Artur Eresko ◦ Processing industry: foremost and lagging behind

Two years of going around in circles gave way to growth: in the last year, Latvia’s processing industry has increased…

Artur Eresko ◦ The poor in Latvia: who and how many they are?

CSO report about the rapid decrease in the number of poor residents of Latvia reminds an old anecdote: The politician…

Artur Eresko ◦ Banks are stuffed up with money

The amount of deposits on accounts with Latvian banks continued to grow. However, an urgent problem remains: where to place…

Artur Eresko ◦ Manufacturing cuts back

In the last year compared to 2014, output in the manufacturing industry fell by 1.2% according to calendar-adjusted data. Unfortunately,…

Artur Eresko ◦ GDP has not grown as high as forecasts

Updated information of Gross Domestic Product (GDP) of Latvia in 2015 appeared to be a bit weaker than the forward…