Latvia is a Success Story

2016-10-14T12:31:22-04:00October 14th, 2012|

But by 'Success Story' we actually mean “Disaster”! Very often in the mass media Latvia is being named as an example in crisis recovery. Latvia is being granted title of “'Success Story”. Hearing these words is quite difficult to comprehend, a specially looking at vast majority of the nation hardly making their survival. The Central Statistics Office (CSO) recently published figures that hardly match a “Success Story” line. High proportion of people in Latvia are at risk of poverty and social exclusion. Just in 2013, the number of such people was 645 000, or almost 40% of the population. For [...]