Announcement
23 Mar 2010
In March 2010, the government of Latvia announced a change in private-sector financial support.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
28 Oct 2009
Revocation date:
27 Dec 2011
Capital injection and equity stakes (including bailouts)
In June 2009, the Commission became aware of an envisaged recapitalization of 'The Mortgage and Land Bank of Latvia LHZB'. LHZB was established by the Latvian government on 19 March 1993 as 100 % St...
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