State lending under needed review

  • 2013-08-07
  • From wire report
RIGA - The Latvian state has underwritten loans for various projects to an amount reaching 470.2 million lats (671.4 million euros) as of now, though the State Treasury is not commenting if any of them may be considered risky, reports LETA.“The State Treasury evaluates every guarantee on an individual basis,” the State Treasury’s press secretary Eva Dzelme told LETA. “Taking into account that solvency assessment is a commercial secret and divulging such information may harm a given company’s business and financial situation, the State Treasury cannot prov...
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 authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section