Friday, 5 June 2009

Latvia - spillover possibilities.

The Polish government is becoming concerned about spillover effects from the Latvian financial crisis according to this report .

"There is a threat that the situation in Latvia may spill over into the region," Dariusz Filar, a member of the Polish central bank's Monetary Policy Council, told reporters on the sidelines of an economic conference in Warsaw. "This situation is a challenge that requires a reaction on a broader scale than just Latvian, there is a need for more international assistance."

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