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Economics - 2009

Latvia Could Be Filing Bankruptcy in 6 Months

http://www.google.com/hostednews/afp/article/ALeqM5hjIBYzjoKwf3c7eiJEQO6...
Scanned by: Alvis Brigis 9 months ago
Prime Minister Valdis Dombrovskis has warned that Latvia may face bankruptcy if it fails to obtain the next round of IMF bailout funds by June. To hit the IMF targets necessary to release the funds, Latvia must cut an additional 40% of public sector budget.
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Type: News  |  Also: , , |
  Tags
latvia, economy, bailout, economics, debt, budget

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