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View Full Version : Latvia Fails to Reach Agreement With Lenders on 2012 Budget - Bloomberg



NewsWhore
11-07-2011, 07:10 PM
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Latvia Fails to Reach Agreement With Lenders on 2012 Budget (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHwOWsBCtyWFhSrAl76p7ZmVroO6g&url=http://www.bloomberg.com/news/2011-11-07/latvia-fails-to-reach-agreement-with-lenders-on-2012-budget.html)
Bloomberg
Since 2008, Latvia has implemented tax increases and spending cuts of more than 16 percent of GDP to join the euro, a currency in which the majority of the country&#39;s borrowers have taken out loans. “We are arguing on what the right number is; ...

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