Latvian first-half budget surplus falls to LVL 79.6 mln

Latvia's provisional budget surplus fell by about half in the first six months of the year to LVL 79.6 million, compared with the same period a year ago, as economic growth slowed, Bloomberg writes. The government had a provisional deficit of about LVL 50.7 million in June, the Finance Ministry said in an e-mailed statement today. In the first half of 2007, the surplus totaled LVL 161.4 million, the... [read full story]