Cross-industry challenges

Brexit and its Impact on Latvia. Threat or Opportunity?

26 April, 2017 Marina Le Clere
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This report analyses the Brexit process and investigates whether Latvia can benefit from Brexit-induced change in Europe. Latvia does have a higher proportion of bank assets as a percentage of GDP than any other Central European country. Therefore, it is natural to investigate whether the relocation of European financial services firms caused by Brexit might benefit Latvia.