As Covid-19 crisis is not approaching to its end yet in Latvia, in March the government have been discussing the possibility of tightening the limits on Covid-19 to reduce the spread of the new type of virus. In the beginning of March, the two-week cumulative morbidity rate was about 500 new cases per 100 thousand people, which according to Government’s adopted “traffic light principle” is a “very high-risk situation” and requires stronger safety measures. It has also been found that at least 5% of cases have been infected with the new, more contagious, Covid-19 strain. So, the government currently is considering an idea to reinforce the restrictions in relation to the spread of this new type of virus.
In order to prevent the economic and social damage caused by the COVID-19 pandemic, this spring the European Commission (EC) proposed an ambitious European Recovery and Resilience Facility Plan. The purpose of the plan is to support reforms and investment, in particular in the transition to a green and digital economy, and to reduce the social and economic impact of the crisis. Each country currently works on their own plan.
As the final version of the RRF Plan must be submitted to the EC for approval no later than 30 April 2021, March is dedicated for improvement for Latvian RRF plan and public discussions.
*This article has been made in cooperation with China-CEE institute and is the intellectual property of China-CEE institute