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Latvia says seeks 1-3 bln euros from IMF/EU-ministry

Published 11/26/2008, 02:54 AM
Updated 11/26/2008, 02:56 AM

RIGA, Nov 26 (Reuters) - Latvia is seeking between 1 billion and 3 billion euros ($1.3-3.90 billion) from the International Monetary Fund and European Commission, with final sums depending on an economic plan under negotiation, the Finance Ministry said on Wednesday.

"The Finance Minister (Atis Slakteris) has indicatively said that the sum could be between 1 and 3 billion euros," said Finance Ministry spokeswoman Diana Berzina.

She stressed that in the talks with the Fund which had taken place so far no concrete sum had been mentioned.

She said the actual amount would depend on economic measures which would be the result of talks between Latvia and the IMF. (Reporting by Patrick Lannin, editing by Mike Peacock)

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