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EU disbursed second instalment of € 1.2 billion Community financial assistance to Latvia

The EU  now looks forward to Latvia fulfilling the conditions for further instalments.

27 July 2009


The EU disbursed today €1.2 billion to Latvia, its second instalment in the context of the Balance of Payment loan assistance granted to Latvia in January this year. It now looks forward to Latvia fulfilling the conditions for further instalments. They are established in the Memorandum of Understanding (MoU), as well as in the Supplemental MoU signed by the EU and the Latvian authorities on 13 July.

>> Supplemental Memorandum of Understandingpdf(5 MB) Choose translations of the previous link 

>> Memorandum of Understandingpdf(6 MB) Choose translations of the previous link