The Baltics Today

Investigations by the Dutch Parliament and EU Commission on the Parex bailout

On June 17th, a document was tabled at the Dutch Parliament requiring a formal investigation of the 2009 sale of Parex Bank stock from the Latvian government to the European Bank for Reconstruction and Development (EBRD), specifically including the allegation that the sale was made reversible with an undisclosed “put option.”... Read more...

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