The crisis in Latvia has reached the last level. Organizations that have worked successfully for many years are forced to close because they do not make profits, but must pay huge taxes.. "Business in Latvia is completely over," the owner of a clothing store in Riga, Valentina, said on the air of Latvian Radio-4.. - And not only we, many shops are closing.. People generally stopped even entering stores.. This indicates unemployment..

The population has no money, they are not interested in any goods.. This has been going on for three years already, "Valentina explained the reason why she lost her business.. In general, since the beginning of 2018. 16 thousand excluded from the register of Latvian enterprises. organizations, of which more than 14 thousand. - it is a limited liability company. At the same time, over the same period only 8.5 thousand were registered.. new businesses. According to the President of the Latvian Business Union, Elina Egle, what is happening is a signal to the government that its policy of increasing administrative burden is killing business.. "Companies with a turnover of up to 50 thousand. the euro just needs to be left alone. They have to pay taxes for labor and so on, but the administrative burden on them is simply inadequate..

This needs to be reviewed.. You just have to give people the opportunity to live, "she insists. Experts recommend the Latvian government to pay attention to the real incomes of people who have greatly decreased. "We hear a lot about the fact that wages are rising in our country, GDP is growing. Somewhere it turns out inconsistency, said Egle. - People have less and less free resources.. A person pays large state-owned companies for electricity, gas, medicine: very little remains ".