Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Dombrovskis Says Latvia Won’t Need Additional Budget Cuts in

Jan. 4 (Bloomberg) -- Latvia won’t require additional budget cuts this year, Prime Minister Valdis Dombrovskis said in an interview with Latvijas Radio 1.

The budget plan, with a deficit of 2.5 percent of gross domestic product, is based on “realistic forecasts,” he said.

The prime minister’s reaction follows a comment by central bank Governor Ilmars Rimsevics in an interview with Lietiska Diena today that Latvia may need additional fiscal consolidation this year of as much as 100 million lati ($185.4 million) to achieve its deficit target.

To contact the reporter on this story: Milda Seputyte in Vilnius at

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.