Press Release: Statement by the EC and the IMF on the Review Mission to Latvia

Staff teams from the European Commission (EC) and the International Monetary Fund (IMF) visited Riga during 28 October – 10 November for discussions on the fifth and final review of the international financial support programme with Latvia.

Further consultations with the Latvian authorities were needed to conclude discussions due to the failure of Latvijas Krajbanka, which also had an impact on the government’s strategy for air Baltic. The teams have now reached agreement at staff level on the review.