Global Trade Alert
Global Trade Alert

Latvia: Soft loans to Air Baltic

Announcement

18 Oct 2011

In October 2011, the government of Latvia announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

20 Nov 2012

Revocation date:

No revocation date

State loan In force

On 18 October 2011, Latvian authorities pre-notified the EC of a EUR 22.65 million loan in favor of A/S Air Baltic Corporation. (SA.33799. Latvia's share in Air Baltic increased from 52.8 % in 2011 t...

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