PDA

View Full Version : Latvian Spending Cuts Will Enable Loan, Save Peg, Premier Says - Bloomberg



NewsWhore
06-05-2009, 05:10 AM
<img alt="" height="1" width="1">
Latvian Spending Cuts Will Enable Loan, Save Peg, Premier Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Daqxd4y4ZT9Hg%26refer%3Deurope&cid=1252778817&ei=meMoSouGKYauMqDp-fQB&usg=AFQjCNHg8X53adtr7YDaIvCWfWXeD25gVg)
Bloomberg
By Aaron Eglitis June 5 (Bloomberg) -- Latvia will not devalue the lats because spending cuts that will ensure payment of its next international loan installment will ease speculation about the currency, said Prime Minister Valdis Dombrovkis. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Daqxd4y4ZT9Hg%26refer%3Deurope&cid=1252778817&ei=meMoSouGKYauMqDp-fQB&usg=AFQjCNHg8X53adtr7YDaIvCWfWXeD25gVg)