Latvia: business environment not bad

The business environment in Latvia when compared to its neighboring countries is not bad, but there is room for improvement, Foreign Investors Council in Latvia (FICIL) board member and PricewaterhouseCoopers board chairperson Zlata Elksnina-Zascirinska has declared. “If we compare with neightboring countries, Latvia’s business environment is not bad,” said Elksnina-Zascirinska. At the same time, she…

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Latvia: consumer prices down in May 2020

When compared to May 2019, consumer prices in Latvia declined by 0.9%, putting the country among 14 European Union member states where deflation was found in this period of time, according to information published by Eurostat. Identical deflation to Latvia’s was observed in Spain. Deflation was higher in Estonia (-1.8%), Luxembourg (-1.6%), as well as…

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