BMI View: Latvia's freight industry will grow at a moderate pace over 2016, prompted by stable economic
growth and an uptick in household consumption. However, it is poised to feel the negative effects of the
deterioration in trade relations between the EU and the Rus ..."
Latvia's freight industry is inconveniently poised to feel the effects of the deterioration in trade relations
between the EU and the Russian Federation. While on aggregate sanctions put in place by the West have not
significantly affected the EU's growth outlook, the ..."
We retain our reasonably positive outlook towards Latvia's external accounts. While some longer-term
challenges do remain in play, Latvia's current account deficit remains one of the smallest in the EU, and we
believe that an increasingly dominant services account sur ..."
In promising news for Latvia's freight industry, data released by the EU's statistical office Eurostat showed that Latvia's exports increased by 14% in the first eight months of 2012, compared with the corresponding period in 2011. This was the lar ..."