The money network:

The money network:

Why crowdfunding threatens traditional bank lending

EuromoneyFXNews.com

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November 2010

Latvia: Election victory sets path to economic recovery

Return to positive growth in 2011; Credit risk spreads down, equity investor interest up


Riga mayor Nils Usakovs (left) and Latvia’s prime minister, Valdis Dombrovskis of the Unity bloc: election reduces political risk

Latvia’s prime minister, Valdis Dombrovskis, and his coalition partners scored a stunning victory in October’s general election, securing 63 out of the 100 seats in parliament and transforming the incumbent minority administration into one with a good working majority.

The election result paves the way for the Latvian economy to continue its recovery from a biting recession, during which GDP has plunged by almost a third in the past three years.

But one of...


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