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

To contact the editor responsible for this story: Balazs Penz at

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