Eastern Europe becomes victim of economic success
Food prices in Latvia are climbing relentlessly, with inflation raging at almost 16% annually. Not just in Latvia, but across Eastern Europe, inflation has descended like a nasty winter virus in the newest EU member countries, hurting household budgets and causing countries to see their long-term goal of joining the euro slip farther into the future as governments struggle to get prices under control. Economies across the globe are grappling with inflation, thanks to costlier energy and food,
More: continued here
No tags for this post.