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Latvija in brief

Jan 06, 2010

The decision Ivars Godmanis’ (Latvia’s First Party/Latvia’s Way) government made to take over Parex bank rescued the banking sector of the entire Baltic Sea region, believes European Parliament member Roberts Zile (For Fatherland And Freedom/LNNK), reports LETA. “It was not just about Parex and the Latvian banking system. We and our taxpayers’ money saved the entire European financial system,” proclaimed Zile in an interview with daily Neatkariga. Zile said ...

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