During the Covid-19 pandemic, the flow of foreign direct investment in Latvia has doubled, according to Latvian Radio's interview with economy experts October 20.
(Latvijas Radio) Latvia s export volumes increased sharply in March. According to the Central Statistical Bureau, the value of goods exports increased by 20.6% compared to a year earlier, reaching EUR 1.34 billion. What are the reasons for the increase in exports and how long will this continue? Latvian Radio spoke to experts May 23.
Producing industry is recovering rapidly around the world, as Covid-19 restrictions are diminishing. Citadele economist Mārtiņš Āboliņš explained that consumer demand has changed due to the supply chain and the pandemic. There are no different services available, such as entertainment, tourism, trips, and people choose to spend their funds more on buying different goods. And the second, of course, is the breakdown in production last year, when the Covid-19 crisis began, at the moment, it appears that for many commodities global stocks are lower than normal. Consequently, both the satisfaction of strong demand and th