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Recent news of its governments collapse is further evidence of hardships that Latvia faces as the global economic crisis deepens within the country. As growth forecasts for 2009 continue to decline and levels of unemployment rise, Latvian national coordinator Alda Ozola speaks here about the alarming at all costs measures the country is proposing to satisfy requirements for economic stimulus from international donors like the International Monetary Fund and European Union.
Highlighting moves like the increased value-added tax on renewable energy sources while cutting the tax rate for imported natural gas, Ozola expresses concern that the soon-to-be released economic stimulus plan will neither be opened to proper public scrutiny nor will the plan work towards maximizing the potential for sustainable energy futures in Latvia.