Disbursement of EU funding to projects in Freeport of Ventspils resumed in January

  • 2020-01-28
  • LETA/TBT Staff
RIGA - The disbursement of European Union (EU) funding to various projects that are being implemented in the Freeport of Ventspils resumed this month, LETA was told at the Finance Ministry.  After the US Department of the Treasury's Office of Foreign Assets Control (OFAC) on December 9 announced sanctions against Ventspils mayor Aivars Lembergs and four Ventspils-based legal entities, including the Freeport of Ventspils Authority, the disbursement of EUR 5.6 million worth of EU allocations to various projects in the Freeport of Ventspils was suspended. &...
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