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Latvian central bank calls for balanced budget
RIGA - The head of Latvia’s central bank has called on the government to scrap its proposal for a 1.85 percent deficit in 2009 in favor of a balanced budget. “We believe that it is necessary to draw up a budget that would be as balanced as possible at all costs, and this is the first answer to the question of what should be done,” Bank of Latvia governor Ilmars Rimsevics said in an interview with Dienas Bizness, published Sept. 15. “Without a balanced budget, stopping the economic slowdown a ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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