IMF, lenders provide $10.5 billion loan to Latvia

Imf Lenders Provide $10 5 Billion Loan Latvia - Politics, Business, Civil, History - Posted: 26th Oct, 2009 - 11:56pm

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Business - European Economy
Post Date: 19th Dec, 2008 - 8:54pm / Post ID: #

IMF, lenders provide $10.5 billion loan to Latvia

IMF, lenders provide $10.5 billion loan to Latvia (AP)
European Business News

AP - The International Monetary Fund says a group of international lenders has agreed to provide Latvia a financial bailout package worth $10.5 billion (euro7.5 billion euros).
Source: Yahoo! News: Business - European Economy

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26th Oct, 2009 - 11:56pm / Post ID: #

Latvia loan billion provide lenders IMF

In my opinion. Latvia needed this loan because it did not have enough money to pay all debits which were made. This is the only explanation which I can think of.


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