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Is Latvia the EU's new tax haven?

AdministratorJuly 28, 2013

Latvia will become the 18th member of the eurozone on January 1st and the country is actively preparing for the introduction of the single currency. At the same time, though, there are fears that because of recent changes in tax laws, Latvia is becoming the new tax haven of the eurozone. With foreign deposits starting to increase, Ģederts Ģelzis in Riga puts the Latvian economy to the test.

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