EU – Baltic States, Financial Services, Funds, Latvia

At the moment, the European Commission is evaluating a report from the Finance Ministry on the conditions that have been met to resume EU payments to Latvia. ''If everything goes according to plan, we hope for EU fund payments to Latvia to be renewed in June,'' the spokeswoman for the European Commission's representation in Latvia, Sanita Jemberga, informed LETA.

As reported, at the end of January, the European Commission suspended EU fund payments to Latvia, informing that the Finance Ministry, which deals with the allocation of the funds, lacks a mechanism for influencing decisions made by ministries and government agencies in the distribution of the EU funding.