National Reform Programme of Latvia for the Implementation of the “Europe 2020” strategy

The National Reform Programme of Latvia for the Implementation of the “Europe 2020” strategy is a multi-sectoral programme of Latvia. It describes the medium-term macroeconomic scenario including potential gross domestic product, main macro-structural bottlenecks of Latvia and key measures for 2011–2013 to eliminate them, as well as national targets of Latvia for 2020 in the context of the “Europe 2020” strategy and key measures for 2011–2013 to achieve them. Among others, the Programme also provides for public information on financial services and improving regulation of consumer protection rights in the field of consumer crediting; promotion of innovations; avoiding high unemployment from becoming structural and ensuring better matching in the labour market; activation of economically inactive population and efficient inclusion of the social assistance clients into the labour market and support to regional mobility; provide financial support for business development, ensure access to loans and support risk investments; strengthening capacity of municipalities in attraction of companies and investments; development of a long-term cooperation platform for enterprises and scientists; support to development of innovative enterprises; reduction of income inequality; social protection measures directed towards families with children; encouraging population at risk of poverty and social exclusion to participate in the labour market; Increasing energy efficiency in public and industrial buildings; ensuring availability of financial resources for the production of renewable energy; promoting the use of biofuels in the transport sector; and reducing greenhouse gas emissions.