After a spell of economic instability, Latvia appears to be the up, thanks to an improved credit rating, a flexible attitude among the country's businesses and a willingness to enter new markets, particularly with regards to exports. However, its shrinking labour force and the recession in Russia add an element of caution to this growth.
Latest articles from Latvia
Between its EU presidency and Riga's year as European Capital of Culture, Latvia is not letting the festering stand-off between Russia and Ukraine dent its economic confidence.
The latest eastern European outlook by Swedish bank SEB predicts that the Polish and the Baltic economies will continue to grow in the two years to 2016.
A recent survey by the German-Baltic Chamber of Commerce shows that German investors are optimistic about the investment opportunities in Estonia, Latvia and Lithuania.
Latvia leads region's emergence from recession though Croatia still trails, says European Bank for Reconstruction and Development.
Sentiment towards Baltic economies is improving among German investors, according to a survey by the German-Baltic Chamber of Commerce.
Latvia's minister of finance, Andris Vilks, talks about the country's incredible recovery from severe recession in 2009 to being one of the EU's fastest growing economies in 2012.
The many advantages of public-private partnerships have seen the model utilised across the developed world. Now, countries in central and eastern Europe are looking to benefit from the model but governmental and legislative support can often be found lacking.
The fDi Report 2016
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