Wed, 27 Apr 2011: Rules say ‘no’ to use of reserves…
Apr 27, 2011 Baltics
The government split Parex into an asset management company and created a new retail bank called Citadele Bank in preparation for the sale of both. “Our mandatory reserves are calculated a...Tags: Asset Management Company, Chairman Christopher, Euros, Finance Loan, Gwilliam, Investments, Liabilities, Logical Step, Ministry Of Finance, Parex, Retail Bank, Riga Stock Exchange, Rsquo, Syndicated Loan, Tranche
Thu, 3 Sep 2009: IMF approves Latvia loan…
Sep 3, 2009 Latvia
The Executive Board also approved the Latvian government's latest economic stabilization plan, agreeing to release the next loan, its second, of approximately 200 million euros. Approximately 15...Tags: Amendments, Banking Sector, Budget Deficit, Economic Stabilization, Finance Minister, Government Debt, Imf, International Partners, Latvia, Latvian Government, Loans, Public Sector, Refinancing, Right Direction, Stabilization Plan, Tranche, Unnecessary Expenditures
Wed, 10 Jun 2009: Devaluation fears surface as Latvia crisis deepens…
Jun 10, 2009 Latvia
HEADSTRONG The Latvian government has repeatedly ruled out the possibility of devaluation 's a stance backed by the European Union, which said the peg is vital for economic and political stabili...Tags: Budget Systems, Devaluation, Economic Recovery, European Union, Fears, Foreign Debts, Health Education, International Lenders, Joaquin Almunia, Lats, Latvia, Latvian Government, Monetary Affairs, Peg, Political Stability, Tranche