The ILO and Latvia

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    About the ILO in Latvia

    Solid recovery hit by economic impact of Russia’s invasion of Ukraine

    Since the dependence in 1991, Latvia has set out on the road to independent democracy and a social market economy. The transition from a centrally planned system to a market economy required a complete overhaul of key economic institutions. EU membership in 2004 further enhanced the successful transition. In line with the EU’s current policy priorities, Latvia seeks to take on the green and digital transitions, expecting positive effects for its economy and labour market.  Continue reading