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Latvian Hockey Team Wins Bronze at World Championship and the Impact on Economy

This week started in an unusual way – with an unexpected holiday after the bronze medal won by the Latvian hockey team at the World Championship. Of course, it was necessary to calculate how much it will cost the country. True, there were also estimates about how much this event brought to the economy.

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At the end of the week, many were disappointed by the announcement of the president of the European Central Bank, Christine Lagarde, that the rate hike will not end so soon, inflation in the Eurozone is still too high.

After finding out how big the share of the shadow economy is in Latvia, the experts discussed the tools to reduce it. The latest data on the average salary and forecasts of economists, whether it is expected to increase in the future, have been published.

The fish processing company “Unda” revealed its ambitions, the financial player “Revolut” shared its development plans, while the current value of “Twitter” was estimated in the world.

“Delfi Bizness” has compiled these and other events in the economy and business.

2023-06-04 09:00:03
#week #economy #hockey #effect #higher #wages #rising #interest #rates

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