“A lot of people had different expectations, because a lot of people thought that immediately we would join the European Union (EU) and very soon we would be living like Germany or even better. The euphoric years were the first four – before the global financial crisis, when we had growth rates very high – up to 10% per year, and it seemed that dreams would come true. But life is much more complicated than dreams,” Inna Šteinbuka, director of the “LV PEAK” think tank, admitted in the program “Spried ar Delfi”, commenting on the study “Latvija Eiropas In the Union – 20 years” contained conclusions about Latvia’s benefits from Latvia’s 20-year membership in the EU.
As another piece of good news, she mentioned that 20 years ago, Latvia’s gross domestic product (GDP) per capita was around 40% of the European average, now it is 70%. She admitted that we would have liked them to be 100%. It didn’t happen, but 70% is not bad either, the professor pointed out.
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Tags: years euphoria live Greece evaluates contribution Latvia
