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



NewsWhore
06-05-2009, 06:11 AM
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Latvian Spending Cuts Will Enable Loan, Premier Says (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaqJkarejedqY%26refer%3Deurope&cid=1252778817&ei=4vEoStXEHYqwNd_S4ekB&usg=AFQjCNEpRDtd_FDBtwl84sVzCBahbjUrGQ)
Bloomberg
The Latvian currency will not be devalued, he said, and the country will pass budget cuts needed to get the next tranche of money. Lawmakers passed the budget in the first of two readings last night with a planned deficit of 9.2 percent of gross ...


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