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EC suspends EU fund payments to Latvia

  • 2012-01-30

RIGA - The European Commission has suspended European Union fund payments to Latvia, LETA was informed by Finance Ministry's spokeswoman Agnese Belkevica.

The European Commission informed Latvian Finance Ministry, which deals with the allocation of funds, that it lacks a mechanism of influencing decisions made by ministries and government agencies in the distribution of EU funding.

Until this issue is solved, the European Commission has made the decision to suspend EU fund payments to Latvia.

Latvia has been given the task to come up with a strategy and improve the flaws in the distribution of EU funding.