Riga — There’s a shift taking place in the low-debt economies that joined the EU after the collapse of the Berlin Wall.
An aversion to borrowing that once characterised much of the bloc’s former communist contingent is being jettisoned after the 2008 global crash and the Covid-19 pandemic in little over a decade. Much of the region, which has led the continent’s economic growth for years and counts five euro-area members among its ranks, is now set to endure higher indebtedness for some time...
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