| Author (Person) | Ward, Andrew |
|---|---|
| Series Title | Financial Times |
| Series Details | 7.10.09 |
| Publication Date | 07/10/2009 |
| Content Type | News |
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Article reports that Nordic banks face losses on lending to Latvia under government proposals of October 2009 to limit the amount that lenders can collect from defaulting mortgage holders. The plans could lessen the pain of devaluation if Latvia goes down that route. Subsequently, Latvia was forced to deny it was planning to devalue its currency amid a fresh wave of concern over the crisis-hit Baltic economy. |
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| Countries / Regions | Latvia |
