This 2018 Article IV Consultation highlights that Latvia's government revenues overperformed in 2017, buoyed by strong … activities of Latvia's third largest bank on money laundering concerns, the banking system remains well capitalized and liquid …

Latvia is facing an inflation shock, slow growth, and geopolitical challenges, while the long-term policy concern is to … sustain the income convergence process. Headline inflation has surged over the past year in Latvia, measuring 12.3 percent y … growth. To secure high long-term growth in a low-inflation environment, Latvia needs to address three structural issues: (i …

KEY ISSUES Context: Latvia’s economy continues to recover strongly as it joins the euro area. The output gap is now …. Challenges: Latvia’s broadly favorable medium-term outlook faces several external risks. Prolonged weakness in euro area trade …

vulnerabilities are Latvia's significant reliance on imported gas from Russia until recently, the impact of high international energy … prices on inflation and economic activity, and refugee inflows. Thus far, almost 33,000 refugees have entered Latvia …