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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 Understanding
(5 MB) 
>> Memorandum of Understanding (6 MB)
Article 3 February 2009. EU provides €3.1 billion Community financial assistance to Latvia
Economies of Member States. Latvia
Balance-of-payments (BoP) assistance
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