Asthe banking crisis continued in Riga, the Latvian parliament voteddown a proposal to oust the two top officials at the state bank,BNS reported August 3. Meanwhile, the German Investment and DevelopmentCompany extended a 5 million mark credit to the Latvian InvestmentBank to allow it to expand its loan portfolio without gettinginto trouble. And several opposition parliamentarians chargedthat members of the government had gotten their deposits out ofthe Baltija Bank just before it failed. While the charge was denied,it will undoubtedly inflame passions further in the country.
Communists from All Over Protest Conviction of Alfreds Rubiks.