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Dombrovskis appointed PM raises fears of national bankruptcy

Mar 04, 2009
By Kate McIntosh

LET THERE BE LIGHT: Many hope that incoming Prime Minister Valdis Dombrovskis will have some bright ideas on how to turn the economy around. He has already announced that the new government will be forced to make another round of massive budget cuts or face 'bankruptcy.'
RIGA - New Era candidate Valdis Dombrovskis has been appointed Latvia's new prime minister amid warnings the country is facing a catastrophic economic meltdown. Latvian President Valdis Zatlers tasked Dombrovskis with forming a new government following the resignation of former Prime Minister Ivars Godmanis and the collapse of the ruling coalition on Feb. 20. On March. 4 Dombrovskis announced his proposed Cabinet, which will include members from New Era, The People's Party, The Greens and Farm ...

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