EU warns Lativa on troubled banks
17.01.13 @ 09:01
Latvia's banks are over-exposed to non-resident deposits and account holders, the European Commission said on Wednesday. Latvia says non-resident deposits totaled €17 billion in the third quarter of 2012. The amount of non-resident deposits increased by 19.7% in 2012 as opposed to only 4.5 percent for locals, reports AFP.