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Latvia: Pegged Back
Latvia: Pegged Back

Author(s): Pauls Raudseps
Subject(s): Economy
Published by: Transitions Online
Keywords: Latvia; IMF; government; global crisis; Ukraine; Hungary; Iceland; EU; loan; Parex; GDP; Prime Minister Ivars Godmanis; resignation; 20 February 2009; banks; Paul Krugman; Argentina; currency peg; Nouriel Roubini; eurozone; bankruptcy; devaluation;

Summary/Abstract: In the latest chapter of Latvia’s tale of woe, the government negotiates a massive IMF-led rescue package, then collapses.

  • Issue Year: 2009
  • Issue No: 03/03
  • Page Count: 3
  • Language: English