RIGA TO USE G-24 LOAN TO EASE BANKING CRISIS.

The Latviangovernment will use a European Union loan to reimburse depositorsat the failed Baltija Bank, BNS reported July 14. The World Bankand IMF will also provide credits to help overcome Latvia’s bankingcrisis, but only if Riga adopts a package of new banking laws,the news service said.

Sweden to Help Lithuania Join European Electric Grid.