RIGA SEEKS PERMISSION TO USE WESTERN AID TO END BANK CRISIS.
RIGA SEEKS PERMISSION TO USE WESTERN AID TO END BANK CRISIS.
In order to pay back depositors at the failed Baltija Bank, the Latvian government has asked the European Union to allow Riga to draw on some of the aid which the G-24 group has already given Latvia, BNS reported June 21. The Latvian authorities said that they would fully compensate all small depositors with such funds, and would pay back at least a fraction of funds to larger depositors over the next several years.
Fascist Group Fails to Recruit Lithuanian Soldiers.
