Tag: Kaspars Abolins

Latvia: State debt to remain below 50% of GDP: State Treasury

Via BalticaSeptember 12, 202401 mins

Latvia’s state debt will remain below 50% of GDP in the coming years, Kaspars Abolins, head of the Latvian State Treasury, assured, LETA reports. Currently, the state debt stands at slightly over EUR 18bn, which is around 44% of GDP and one of the lowest in the EU, Abolins noted. The State Treasury expects the…

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Latvia: State Treasury plans to borrow at least EUR 3bn annually

Via BalticaSeptember 10, 2024September 10, 202401 mins

The Latvian state will have to borrow at least EUR 3bn annually for the next four years, Kaspars Abolins, head of the State Treasury, announced, LETA reports. He said that the state needed to refinance earlier Eurobonds and finance the state budget deficit and loans to local governments. The plan was to raise the money…

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Kaspars Abolins

Latvia: State debt to remain below 50% of GDP: State Treasury

Latvia: State Treasury plans to borrow at least EUR 3bn annually

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