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The Earth Times Online Newspaper (Free subscription) | 11/05/2009
Riga - Parliamentarians in Latvia on Thursday backed Prime Minister Valdis Dombrovskis' call to approve a crisis budget for 2010, which moves the recession-hit Baltic state one step closer to its next bail-out payment from international lenders. MP...
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The Earth Times Online Newspaper (Free subscription) | 11/05/2009
Riga - Parliamentarians in Latvia on Thursday debated Prime Minister Valdis Dombrovskis' call to approve a crisis budget for 2010, which would move the recession-hit Baltic state one step closer to its next bail-out payment from international lende...
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The Earth Times Online Newspaper (Free subscription) | 10/29/2009
Riga - Officials confirmed Thursday that former Latvian president Vaira Vike-Freiberga would seek the position of European Union president when it is created after the Lisbon Treaty comes into force. Latvian Prime Minister Valdis Dombrovskis gave tac...
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The Earth Times Online Newspaper (Free subscription) | 10/28/2009
Riga - One former and one current president from two Baltic states emerged Wednesday as potential candidates for the new position of European Union president. Latvian Prime Minister Valdis Dombrovskis gave tacit support to the candidacy of former Pre...
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KeNo's Housing and Economic Portal (Free subscription) | 10/23/2009
KeNosHousingPortal.blogspot.com TOP STORIES : Banks brace for Latvia's collapse - ( www.telegraph.co.uk ) The Baltic states are once again in the eye of the storm after leaked reports that Sweden is bracing for a full-blown economic and political "breakdown" in Latvia. The Svenska Dagbladet newspaper said Sweden's finance minister Anders Borg had told banks secretly that Latvia's political...
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Financial Times (Free subscription) | 10/13/2009
Valdis Dombrovskis, prime minister, said his five-party coalition had agreed in principle to cut the budget deficit by $1bn next year amid renewed concern over the Baltic country's economy
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BONJOUR L'ESTONIE (Free subscription) | 10/09/2009
By Aaron Eglitis Latvia is close to ending a dispute with international donors including Sweden and the International Monetary Fund that jeopardized its bailout loan and triggered speculation about a devaluation, the premier’s office said. “Latvia is on the way to coming to an agreement with its international lenders,” said Liga Krapane, Prime Minister Valdis Dombrovskis’s...
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normxxx ruminates... (Free subscription) | 10/08/2009
Banks Brace For Latvia's Collapse By Ambrose Evans-Pritchard, Telegraph.Co.Uk | 5 October 2009 Latvia's currency peg is back on the agenda The Baltic states are once again in the eye of the storm after leaked reports that Sweden is bracing for a full-blown economic and political "breakdown" in Latvia. The Svenska Dagbladet newspaper said Sweden's finance minister Anders Borg had told banks...
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The Earth Times Online Newspaper (Free subscription) | 08/28/2009
Riga - Latvian Prime Minister Valdis Dombrovskis on Friday welcomed a decision by the International Monetary Fund (IMF) to release 195 million euros (280 million dollars) to help the Baltic state's stricken economy. Speaking on Latvian television, Do...
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Baltic Times (Free subscription) | 08/27/2009
RIGA - Another International Monetary Fund (IMF) mission could arrive in Latvia in the second half of September, says Prime Minister Valdis Dombrovskis (New Era), reports news agency LETA. The prime minister said that the IMF board will decide on releasing the next 200 million euro tranche, correspo...
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The Earth Times Online Newspaper (Free subscription) | 08/26/2009
Riga - European Union Energy Commissioner Andris Piebalgs, who is from Latvia, confirmed Wednesday that he would seek a second term in office in Brussels. Speaking to the press after a meeting with Latvian Prime Minister Valdis Dombrovskis, who is re...
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Times of the Internet (Free subscription) | 07/23/2009
RIGA, Latvia, July 22 (UPI) -- Latvia said its entire $10.7 billion fiscal rescue package may vanish if it doesn't reach a deal with the International Monetary Fund on the next installment. The IMF, an international organization that oversees the global financial system, has delayed payment of its next $285 million collateralized installment while fund officials visit the troubled Baltic country to...
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The Earth Times Online Newspaper (Free subscription) | 07/17/2009
Riga - New Lithuanian President Dalia Grybauskaite said Friday she would be willing to help Latvian Prime Minister Valdis Dombrovskis in his negotiations with the International Monetary Foundation (IMF) as talks between the Latvian government and IMF...
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The Earth Times Online Newspaper (Free subscription) | 07/15/2009
Riga - Latvian Prime Minister Valdis Dombrovskis said Wednesday negotiations with the International Monetary Fund (IMF) over a 200-million-euro (280-million-dollar) loan payment were proving difficult. Speaking on Latvian public radio, Dombrovskis s...
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The Earth Times Online Newspaper (Free subscription) | 07/13/2009
Riga - Latvian Prime Minister Valdis Dombrovskis said Monday he was optimistic about the chances of his country securing the next tranche of a 7.5-billion-euro (10-billion-dollar) aid package from international lenders. He was speaking to reporters a...