Memo: Signature of the fourth Supplemental Memorandum of Understanding (SMoU) related to the EU financial assistance to Latvia

On 7 June 2011 a new Supplemental Memorandum of Understanding (the fourth SMoU) related to the EU financial assistance to Latvia was signed by the Economic and Monetary Affairs Commissioner Olli Rehn and the Latvian authorities. This follows a positive assessment by the Commission of the implementation of the adjustment programme and allows Latvia to draw a further tranche of the loan.

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