Banks brace for Latvia's collapse

Archived Articles | 07 Oct 2009 | EWR OnlineEWR

The Baltic states are once again in the eye of the storm after leaked reports that Sweden is bracing for a full-blown economic and political "breakdown" in Latvia.
Ambrose Evans-Pritchard, Telegraph

The Svenska Dagbladet newspaper said Sweden's finance minister Anders Borg had told banks secretly that Latvia's political order was unravelling, advising them to prepare for the collapse of Latvia's rescue talks.

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