Latvia http://www.alacrastore.com/country-snapshot/Latvia 27 Nov 2009 09:29:03 EST en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091124T164500_0005eiuftxml/RK_RK_MAIN_20091124T164500_0005normFROM THE ECONOMIST INTELLIGENCE UNIT RATINGS CHANGES COMMENTARY We have downgraded three risk categories in this month's review of Latvia's operational risk model. Availability of financing in the local market has fallen considerably...25 Nov 2009 08:24:13 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091124T164500_0005AlertOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/VW_VW_MAIN_20091125T020100_0155eiuftxml/VW_VW_MAIN_20091125T020100_0155normCOUNTRY BRIEFING FROM THE ECONOMIST INTELLIGENCE UNIT These forecasts were prepared on November ##, #### PREVIOUS AVAILABLE SIX MONTHS CURRENCY ANALYSIS The Bank of Latvia (BoL, the central bank) aims to keep the lat within a band of...25 Nov 2009 08:23:44 EST34.00ViewsWireEIU Country AnalysisNewsVW_VW_MAIN_20091125T020100_0155EIU currency forecastsFinanceVWLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/CM_CM_MAIN_20091116T000000_0000eiuftxml/CM_CM_MAIN_20091116T000000_0000norm## Country Monitor November ##th #### © The Economist Intelligence Unit Limited #### Regional & country data Western Europe: banking system–total assets US$ bn Source: Economist Intelligence Unit, Financial Services Indicators & Forecasts....24 Nov 2009 08:06:32 EST110.00Country MonitorEIU Country AnalysisEconomic Data & AnalysisCM_CM_MAIN_20091116T000000_0000American ExpressBarclaysStandard CharteredCMAsia and AustralasiaBrazilCanadaChileChinaCzech RepublicDenmarkEgyptEstoniaEuropean UnionFranceHong KongIndonesiaIraqIrelandItalyKazakhstanLatviaMalaysiaMexicoPolandQatarRussiaSierra LeoneSingaporeSpainSwedenThailandTurkeyUgandaUnited KingdomUnited StatesVenezuelaWestern EuropeAutomotiveBanksEnergyFinancial Services2233652374960EIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/BE_BE_MAIN_20091116T000000_0000eiuftxml/BE_BE_MAIN_20091116T000000_0000norm## Business Eastern Europe November ##th #### © The Economist Intelligence Unit Limited #### November ##th #### Vol XXXVIII No. ## ISSN: ####-#### E DITOR Tessa Toone tessatoone@eiu.com E DITORIAL Q UERIES Tel: (##.##) #### #### Fax:...23 Nov 2009 07:42:34 EST110.00Business Eastern EuropeEIU Country AnalysisEconomic Data & AnalysisBE_BE_MAIN_20091116T000000_0000Bharti AirtelDellGoogleMicrosoftNokiaNortelReliance CommunicationsSAPSiemensBEBaltic RepublicsBosnia & HercegovinaCroatiaCzech RepublicEastern EuropeEstoniaHungaryKazakhstanLatviaPolandRomaniaRussiaSlovakiaSloveniaUkraineAutomotiveElectricityEnergyFinancial ServicesHardwareHealthcareInternetMining (excluding oil and gas)Oil and gasPharmaceuticals & bio-techSoftwareTelecomsTelecoms and Technology21222325433651752621028343748496080EIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0010eiuftxml/RK_RK_MAIN_20091120T011000_0010normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Political stability risk in terms of the impact on economic policy and business operations has risen owing to the economic downturn. The current five-party centre-right government comprises...20 Nov 2009 08:06:57 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0010Political stabilityOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0004eiuftxml/RK_RK_MAIN_20091120T011000_0004normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Tax policy risk is moderate, although it has risen owing to Latvia's severe economic recession and the consequent pressure on government finances. In January #### the main rate of value-added...20 Nov 2009 08:06:56 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0004Tax policyOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0003eiuftxml/RK_RK_MAIN_20091120T011000_0003normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Labour market risk is moderate. The workforce is generally well educated and industrial disputes are rare. Unions have little power, and collective bargaining is largely confined to enterprise...20 Nov 2009 08:06:50 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0003Labour marketOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0006eiuftxml/RK_RK_MAIN_20091120T011000_0006normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Latvia's foreign trade and payments risk mainly relates to its debt obligations. The current account, previously running large deficits, has swung into surplus as the economy has contracted....20 Nov 2009 08:06:45 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0006Foreign trade & paymentsOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0001eiuftxml/RK_RK_MAIN_20091120T011000_0001normFROM THE ECONOMIST INTELLIGENCE UNIT OVERALL ASSESSMENT Operating risk in Latvia is moderate, although it has risen as the country's economic situation has deteriorated. There are no serious security worries for companies. Governments...20 Nov 2009 08:06:41 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0001OverviewOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0007eiuftxml/RK_RK_MAIN_20091120T011000_0007normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY The economy has fallen into a deep recession. We estimate a contraction of real GDP of ##.#% in #### and forecast that the economy will remain in recession for a third year in ####, contracting...20 Nov 2009 08:06:41 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0007MacroeconomicOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0011eiuftxml/RK_RK_MAIN_20091120T011000_0011normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Security risk in Latvia is low. There is very little risk of conflict with its neighbours. Relations with Russia will remain difficult and vulnerable to sporadic tensions over the status of...20 Nov 2009 08:06:34 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0011SecurityOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0002eiuftxml/RK_RK_MAIN_20091120T011000_0002normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Infrastructure risk in Latvia is moderate. The road system is fairly well developed and maintained, although still poor by West European standards. There is spare capacity on the railway network,...20 Nov 2009 08:06:34 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0002InfrastructureOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0008eiuftxml/RK_RK_MAIN_20091120T011000_0008normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Legal and regulatory risk in Latvia is low. The legal and regulatory systems both suffer to some degree from inefficiencies inherited from the Soviet system, but these shortcomings are rapidly...20 Nov 2009 08:06:34 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0008Legal & regulatoryOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0005eiuftxml/RK_RK_MAIN_20091120T011000_0005normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Financing risk in Latvia is fairly high. The lat has come under pressure within its narrow trading band against the euro, most recently in June ####, owing to concerns about the sustainability...20 Nov 2009 08:06:31 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0005FinancialOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/VW_VW_MAIN_20091119T041000_0105eiuftxml/VW_VW_MAIN_20091119T041000_0105normCOUNTRY BRIEFING FROM THE ECONOMIST INTELLIGENCE UNIT GLOBAL ASSUMPTIONS ...20 Nov 2009 08:06:30 EST34.00ViewsWireEIU Country AnalysisNewsVW_VW_MAIN_20091119T041000_0105Interest rate forecastFinanceVWLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/RK_RK_MAIN_20091120T011000_0009eiuftxml/RK_RK_MAIN_20091120T011000_0009normFROM THE ECONOMIST INTELLIGENCE UNIT SUMMARY Government effectiveness risk in Latvia is moderate. The government is generally effective at formulating policy and the bureaucracy is competent. Red tape is moderate, and there is relatively...20 Nov 2009 08:06:27 EST34.00Risk BriefingEIU Country AnalysisNewsRK_RK_MAIN_20091120T011000_0009Government effectivenessOperating riskRKLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/VW_VW_MAIN_20091119T140500_0032eiuftxml/VW_VW_MAIN_20091119T140500_0032normFROM THE ECONOMIST INTELLIGENCE UNIT Sovereign risk Stable: The depth of the economic recession means that the budget will post large deficits in ####-##. Latvia is borrowing heavily from official sources under an IMF programme, and,...19 Nov 2009 07:32:30 EST34.00ViewsWireEIU Country AnalysisNewsVW_VW_MAIN_20091119T140500_0032Country risk ratingEconomyVWLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/CS_CSLV_MAIN_20091111T000000_0000eiuftxml/CS_CSLV_MAIN_20091111T000000_0000normLatvia All queries: Tel: (##.##) #### #### E-mail: london@eiu.com Next report: Full schedule on www.eiu.com/schedule Country Risk Service November #### © The Economist Intelligence Unit Limited #### ISSN ####-####...18 Nov 2009 07:30:28 EST495.00Country Risk ServiceEIU Country AnalysisEconomic Data & AnalysisCS_CSLV_MAIN_20091111T000000_0000LVLatviaAgriculture and food productionFinancial ServicesMiscellaneousReal estate115253811606589CSEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/VW_VW_MAIN_20091117T140500_0012eiuftxml/VW_VW_MAIN_20091117T140500_0012normFROM THE ECONOMIST INTELLIGENCE UNIT Background: After being annexed by the Soviet Union in ####, Latvia regained independence in #### and moved swiftly to adopt a free-market economy. The political scene has been characterised by a...17 Nov 2009 08:08:46 EST34.00ViewsWireEIU Country AnalysisNewsVW_VW_MAIN_20091117T140500_0012BackgroundEconomyVWLatviaEIUEconomic Data & AnalysisEIU Country Analysishttp://www.alacrastore.com/storecontent/eiuftxml/VW_VW_MAIN_20091117T140500_0011eiuftxml/VW_VW_MAIN_20091117T140500_0011normFROM THE ECONOMIST INTELLIGENCE UNIT Policy towards private enterprise and competition ####-##: The government reduces some of the regulatory burden on businesses. Fiscal pressure may prompt some progress on privatisation of the remaining...17 Nov 2009 08:08:45 EST34.00ViewsWireEIU Country AnalysisNewsVW_VW_MAIN_20091117T140500_0011BackgroundBusinessVWLatviaEIUEconomic Data & AnalysisEIU Country Analysis