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Latvia's opposition to the rescue

Jan 27, 2010
By Kira Savchenko

MANDATE APPROVED: The opposition joined the coalition giving the government the right to negotiate with international lenders.
RIGA - Nothing but the support of several opposition lawmakers helped the Latvian government avoid an international scandal, unrest in the financial markets, and delay of the next tranche of international loans. The biggest coalition member, the People’s Party, refused to vote for the mandate giving the Cabinet the authority to deal with the international lenders. There is a great risk that due to the parliamentary elections, which take place this October, such a demarche could happen a ...

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