New president of Lithuania hopes Latvia will not experience a default
The new President of Lithuania, former European Commissioner for Financial Programming and the Budget, Dalia Grybauskaite, says she hopes Latvia will not experience a default, but, at the same time, she expresses her views that theoretically even such a turn of events would not influence Lithuania much.
Minimum monthly wage in Latvia will be raised to LVL 180 starting January 1 2009, the government decided today.