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No decision from Cabinet today on LM crisis

 RIGA, March 26 – The Cabinet of Ministers made no decision today on whether to bail out the financially-troubled "Liepajas metalurgs" (LM) company, noting that it wants to see greater activity from the shareholders in the crisis.

‘’It is hard to see any solution to LM’s problem when there is no clear business plan or any desire to get involved,” Finance Minister Andris Vilks pointed out. He called ‘’inexplicable” the idea that the government will rush to solve the company’s problems, adding albeit that ‘’something must be done.”
leta.lv

26-03-2013
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