Posts tagged as Nordic Investment Bank

Latvia and Nordic Investment Bank agree 500-million-euro loan

Thursday, April 9, 2020

Latvia has taken out a 10-year, 500-million-euro loan with the Nordic Investment Bank  (NIB) in its latest move to provide funds to help it come through the coronavirus crisis and maintain economic activity, reported the NIB and the Latvian Finance Ministry April 9. Dubbed a “Covid-19 mitigation loan” the cash will finance additional government expenditures, mitigating the impact of the coronavirus Covid-19 pandemic. There will be support measures for employees, rescheduled…