Latvia: Bridge Collapse
Latvia: Bridge Collapse
Author(s): Pauls RaudsepsSubject(s): Economy
Published by: Transitions Online
Keywords: Dexia; Fortis; biggest banks; financial crisis; economy; Soviet Union; Komsomol; communist nomenklatura; Valerijs Kargins; Viktors Krasovickis; money laundering
Summary/Abstract: The government’s recent takeover of a major Latvian bank dealt a blow to the country’s ambitions to act as a regional financial center connecting East and West.
Journal: Transitions Online
- Issue Year: 2008
- Issue No: 12/09
- Page Count: 3
- Language: English
- Content File-PDF