RIGA - The European Commission has approved Latvia's plan to set up a fund, which will make up to EUR 100 million available to large producers affected by the Covid-19 crisis.
Kristine Liepina, a representative of the European Commission's Representation in Latvia, told LETA that in line with temporary regulations, Latvia informed the European Commission about the plan to set up the fund of at least EUR 100 million in order to shore up the liquidity and capital of Latvia's large enterprises affected by the coronavirus pandemic.
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