High praise for Dombrovskis' crisis leadership

Mar 10, 2010
From wire reports

RIGA - Latvia is in discussions to reduce the size of its bailout loan package after the country’s toughest austerity program has produced strong results in narrowing the budget deficit, said Prime Minister Valdis Dombrovskis, reports Bloomberg. “We have plenty of cash, we have already started negotiations with international lenders to use some of the next installments not as credit, but as a credit line,” Dombrovskis said in Riga. “We don’t need to pile up unnec ...

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