Latvia’s debt keeps rising despite fiscal pressure

Jun 5, 2025 - 07:00
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Latvia’s debt keeps rising despite fiscal pressure
Latvia’s central government debt has seen a notable increase over the past year, reaching €32.27 billion by the end of April 2025. Official data show that nearly 70 percent of this debt is held by foreign creditors, signaling a growing reliance on external financing. This article breaks down the latest figures, explores debt trends, and examines what they might mean for Latvia’s fiscal outlook.