Ad
Latvia has been the hardest hit by recession amongst the EU's 27 member states (Photo: European Commission)

Latvian parliament backs IMF bailout deal

A crucial vote in the Latvian parliament on Thursday (21 January) gave a renewed mandate to the government to continue talks with the International Monetary Fund and the European Union regarding the country's €7.5 billion bailout package.

The vote was precipitated following a ruling last month by the country's constitutional court against government pension cuts, drawing a question mark over the country's ability to meet the terms of the international lending programme agreed in Decembe...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
Latvia has been the hardest hit by recession amongst the EU's 27 member states (Photo: European Commission)

Tags

Ad

Related articles

Ad
Ad