Ratio of non-cash to cash payments in Latvia: 74% to 26%
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Latvijas Banka projects Latvia's GDP growth at 1.2% in 2025
The implementation of major investment projects, increased defence spending, as well as diminished uncertainty in trade policy are expected to bolster economic activity in 2026–2027.
Opening speech by Mārtiņš Kazāks at the Latvia Fintech Forum 2025
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Non-bank payment service providers can now connect directly to Latvijas Banka’s EKS system.
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