WSJ/ MATTHEW DALTON/
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After stringent measures to push down wages, Latvia has shown some growth.
But some economists believe its lower trade deficit, stable currency and falling budget deficit are hiding obstacles to future economic health.
Those economists question Latvia continuing its peg to the euro. Wages there are down 12% below a few years ago and the country's trade gap has shrunk but exports haven't risen and manufacturers haven't gone on a hiring spree.Unemployment still hovers at 18%.
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