Kulbergs signals austerity intentions with lengthy presentation

While an unexpected press conference "on the financial situation of the Latvian state" may sound like the sort of thing governments do when they are thinking of making a major announcement or calling in the IMF, in fact it was a rather anti-climactic occasion that basically amounted to some advance signalling that austerity measures can be expected when he finally forms a new government.

Despite the Prime Minister treating the assembled journalists to a 45-minute-long PowerPoint p...