Latvia Could Be Filing Bankruptcy in 6 Months

Economics - 2009

Latvia Could Be Filing Bankruptcy in 6 Months

http://www.google.com/hostednews/afp/article/ALeqM5hjIBYzjoKwf3c7eiJEQO6...
Scanned by: Alvis Brigis over 2 years 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.

Type: News | Also: Government, Globalization, Politics |

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Latvia Could Be Filing Bankruptcy in 6 Months

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