Latvian Austerity Fervor Outstrips IMF After Early Loan Payback

Latvia has cut spending so much that even the International Monetary Fund says it’s gone too far. Now the Baltic nation has paid off its 2008 bailout loan before any other nation, depriving the lender of any say-so over its policies. A drop in the guaranteed minimum income, which aids the countr…

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Latvian Austerity Fervor Outstrips IMF After Early Loan Payback

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