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IMF and EU Agree On Loans for Latvia.

Authors :
DAVIS, BOB
Source :
Wall Street Journal - Eastern Edition. 7/28/2009, Vol. 254 Issue 23, pA11. 0p.
Publication Year :
2009

Abstract

This article states that the International Monetary Fund (IMF) and the European Union (EU) have reached agreement on loans for Latvia to help the country survives recession in 2009. The IMF and the EU have agreed to loan Latvia of 2 billion U.S. dollars. The IMF and EU is prodding Latvia's government to cut its budget deficit to sustainable levels. It is expected that Latvia's economy will contract by 18% in 2009.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
23
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
43688095