Place Credit Reports Latvia Order
Economy Overview:
Latvia's transitional economy recovered from the 1998 Russian financial
crisis, largely due to the government's budget stringency and a gradual
reorientation of exports toward EU countries, lessening Latvia's trade
dependency on Russia. The majority of companies, banks, and real estate
have been privatized, although the state still holds sizable stakes in a
few large enterprises. Latvia officially joined the World Trade
Organization in February 1999. EU membership, a top foreign policy goal,
came in May 2004. The current account and internal government deficits
remain major concerns, but the government's efforts to increase
efficiency in revenue collection may lessen the budget deficit. A
growing perception that many of Latvia's banks facilitate illicit
activity could damage the country's vibrant financial sector.
GCS and Graydon International
Graydon International is a leading provider of business credit information around the world. Their business credit reports are easily read in English and consist of reliable and up to date details like identification and official company specifications, credit recommendations, known directors, protest and non-payments, operational details and financial data (profit and loss, balance and key credit ratios).
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