Latvian Budget Deficit Was 1.5% of GDP in 2012, Ministry Says

Latvia’s budget deficit under European Union methodology was 1.5 percent of gross domestic product last year, beating the government’s 1.9 percent target, the Finance Ministry in the capital, Riga, said today in a statement.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.