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brookings

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Nov. 10th, 2014|02:38 pm

brookings
Imagine a state-owned commercial bank used for the public interest?
Go on!
No?
Neither could the European Commission.
Our administrative staff (Latvian State) informed that it had to be sold by the end of 2014
Citadele's assets = 2.56 billion - operating profit last year of 18.6 million
75% bought behind closed doors (no?) for 74 million
Latvian admin staff (politicians) on vacations that were "unfortunate episode that just lets political opponents exploit it in a speculative manner.”
utt utt
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