Du måste aktivera javascript för att sverigesradio.se ska fungera korrekt och för att kunna lyssna på ljud. Har du problem med vår sajt så finns hjälp på https://kundo.se/org/sverigesradio/
crisis in latvia

Euros Siphoned to Sweden?

Published onsdag 8 juli 2009 kl 10.21
The economic crisis in Latvia has led to protests

Swedish banks are the biggest lenders in the Baltic - but according to a Europan Commision document they may be helping to make the economic crisis in Latvia worse. The unofficial draft, obtained by news agency Bloomberg, says that Swedish banks' subsidiaries in Latvia may be draining the country of much needed euros through repaying loans to their parent companies.

This would go against the aims of the international bail out packet for Latvia that the Swedish government is involved with.

No banks were named, but a spokesperson for SEB says that the EU document 'sounds like pure speculation' while the press manager at Swedbank affirmed the bank's long-term committment to operations in Latvia.

Finance Minister Borg said on Tuesday that Swedish banks in the Baltic countries must behave responsibly.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Har du frågor eller förslag gällande våra webbtjänster?

Kontakta gärna Sveriges Radios supportforum där vi besvarar dina frågor vardagar kl. 9-17.

Du hittar dina sparade avsnitt i menyn under "Min lista".