RIGA ASKS MOSCOW TO UNFREEZE LATVIAN ACCOUNTS.

RIGA ASKS MOSCOW TO UNFREEZE LATVIAN ACCOUNTS.

As partof its effort to cope with the country’s banking and financialcrisis, the Latvian government asked visiting Russian deputy foreignminister Sergei Krylov to help return Latvian funds now held andblocked in Russian banks, BNS reported July 11. The news servicealso reported that a World Bank representative in the Baltic regionhad said that Latvia’s economic prospects had been severely harmedby the banking crisis. The Bank representative said that Estoniahad the brightest prospects of the three Baltic states and thatLithuania also had a serious banking problem, but a smaller onethan Latvia’s.

Latvia to Sell Gas Monopoly to Foreigners.