Latvia's Woes Highlight Europe's Fragility.

The article states that the economic crisis facing Latvia has confirmed economic weakness across Europe as of October 2009. The European Commission has warned nine nations, including Germany and Italy, about their growing budget deficits. Countries are required to maintain deficits below 3% of gross domestic product (GDP), under the rules set by the European Union (EU). It notes the difficulty faced by Latvia in making budget cuts for months.