The Baltics Today

Settlement: airBaltic debt of EUR 42.47 mln to be paid

The agreement of settlement between the Latvian Transport Ministry and KPMG – administrator for the creditors of airBaltic – the insolvent bank Latvijas Krajbanka and the defunct Lithuanian bank Snoras, stipulates that during a time period of 15 years, all debts will be repaid in the amount of EUR 42.47 million, as information provided by the magazine "Ir" indicates, cites LETA.... Read more...

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