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Europe Daily Bulletin No. 9918

11 June 2009
Contents Publication in full By article 21 / 33
GENERAL NEWS / (eu) eu/economy
Latvian government prepares to carry out drastic budgetary adjustment

Brussels, 10/06/2009 (Agence Europe) - The Prime Minister of Latvia, Valdis Dombrovskis, has confirmed to José Manuel Barroso and Joaquín Almunia that he intends to carry out major budgetary cuts in order to fight the worsening situation of public finances and thus continue to benefit from the international support plan for the country's economy (EUROPE 9914).

The Latvian government has decided to make a further budgetary adjustment of 500 million lats (€716 million) to its...

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