LATVIA: Latvian government holds emergency budget meeting.

Record ID: 741296

  • Title: LATVIA: Latvian government holds emergency budget meeting.
  • Date: 12th October 2009
  • Summary: RIGA, LATVIA (OCTOBER 12, 2009) (REUTERS) FINANCE MINISTER EINARS REPSE TAKING SEAT AT GOVERNMENT MEETING TABLE REPSE PUTTING ON GLASSES MINISTERS PREPARING FOR GOVERNMENT MEETING MINISTERS TALKING MINISTERS SEATED AT MEETING TABLE CAMERAMEN FILMING LATVIAN PRIME MINISTER VALDIS DOMBROVSKIS TAKING SEAT DOMBROVSKIS SEATED VARIOUS OF GOVERNMENT MEETING
  • Embargoed: 27th October 2009 12:00
  • Keywords:
  • Location: Latvia
  • Country: Latvia
  • Topics: Domestic Politics
  • Reuters ID: LVA5WBBWX232WBTOL9KUNVUUH34Z
  • Story Text: The Latvian government holds an emergency meeting to decide over possible upcoming budget cuts, ahead of a visit by the EU economics commissioner.
    The Latvian government held an emergency meeting on Monday (October 12) to decide over possible upcoming budget cuts ahead of a visit by EU Economic and Monetary Affairs Commissioner, Joaquin Almunia.
    Almunia is due to arrive in Latvia on Tuesday (October 13).
    The Latvian government is under pressure to raise budget cuts to 500 million lats [1 billion U.S dollars] ahead of next year in order to meet its agreement with the EU to receive 7.5 billion euros [11 billion U.S dollars] of emergency loans.
    Latvian Prime Minister Valdis Dombrovskis said last week his coalition would meet today in an attempt to find ways to extend 325 million lats [$677.5 million U.S. dollars] of cuts previously agreed upon for 2010.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2011. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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