RIGADiscussions about replacing board members at state power utility Latvenergo were quashed last week when it emerged that the government would have to honor severance packages voted into board members' contracts last year, one day before the last government left office.The Economy Ministry, which represents the state on Latvenergo's board, said the packages for Latvenergo President Karlis Mikelsons and two other board members were approved as amendments to their employment contracts Nov. 6.Latvia's current government was sworn in by Parliament Nov. 7.Mikelsons, who makes some 30,000 lats ...
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