Latvia's economy is likely to grow next year, inflation will no longer rage and wages will rise. Latvian Central bank forecasts a GDP growth from 1.4% to 2.5%.
But there are also risks. One of them is interest rates. Currently, forecasts show that they will decrease next year, also reducing credit payments. But in determining them, the price of error will be high, according to Swedbank chief economist Līva Zorgenfreija.
“Central banks will play a big role in bala...