Government earmarks up to EUR 1 billion to mitigate economic effect from Covid-19 crisis

  • 2020-03-13
  • LETA/TBT Staff
RIGA - To mitigate the negative effect the ongoing Covid-19 crisis is having on the Latvian economy, the government will release up to EUR 1 billion in the form of various financial support instruments to businesses, Prime Minister Krisjanis Karins (New Unity) told journalists. On Friday, the prime minister met with Bank of Latvia Governor Martins Kazaks and Cabinet ministers to discuss how to lessen the impact from Covid-19 on the economy.  The prime minister indicated that most probably, the negative effect from Covid-19 on the global and Latvian...
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