NewsWhore
06-09-2009, 02:00 AM
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Latvian Spending Cuts May Trigger IMF Payment, Strengthen Lats (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dasz74trpxfYQ%26refer%3Deurope&cid=1257782735&ei=Rv0tSvv7MMWdlQedpJjFBQ&usg=AFQjCNGF_5fdCZP8ypMu0_GvMHn006hHug)
Bloomberg
The country pegs its currency, the lats, to the euro, obliging it to use wage and price cuts to sustain exports. The IMF and the Commission originally stipulated Latvia must keep the deficit within 5 percent of gross domestic product. ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dasz74trpxfYQ%26refer%3Deurope&cid=1257782735&ei=Rv0tSvv7MMWdlQedpJjFBQ&usg=AFQjCNGF_5fdCZP8ypMu0_GvMHn006hHug)
Latvian Spending Cuts May Trigger IMF Payment, Strengthen Lats (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dasz74trpxfYQ%26refer%3Deurope&cid=1257782735&ei=Rv0tSvv7MMWdlQedpJjFBQ&usg=AFQjCNGF_5fdCZP8ypMu0_GvMHn006hHug)
Bloomberg
The country pegs its currency, the lats, to the euro, obliging it to use wage and price cuts to sustain exports. The IMF and the Commission originally stipulated Latvia must keep the deficit within 5 percent of gross domestic product. ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Dasz74trpxfYQ%26refer%3Deurope&cid=1257782735&ei=Rv0tSvv7MMWdlQedpJjFBQ&usg=AFQjCNGF_5fdCZP8ypMu0_GvMHn006hHug)