文档介绍：LOAN AGREEMENT

between
THE MUNITY
as Lender
and
THE REPUBLIC OF LATVIA
as Borrower
THE BANK OF LATVIA
as Agent to the Borrower
EUR 3 100 000 000
_____ January 2009
This Loan Agreement (the "Agreement") is made by and between
the munity (hereinafter referred to as the "EC" or the "Lender"), represented by mission of the munities (hereinafter referred to as the "Commission"),
and
the Republic of Latvia (hereinafter referred to as "Latvia" or the "Borrower"), represented by the Minister of Finance, Mr Atis Slakteris,
and
the Bank of Latvia acting as Agent on behalf of the Borrower (hereinafter referred to as the "Borrower's Agent"), represented by the Governor of the Bank of Latvia, Mr Ilmārs Rimšēvičs.
Preamble
Whereas:
Council Regulation (EC) No 332/2002 of 18 February 2002 establishing a facility providing medium-term financial assistance for Member States' balances of payments (OJ L 53, , p. 1) empowered mission on behalf of the EC to contract borrowings on the capital markets or with financial institutions with the aim to grant loans to one or more Member States which are experiencing, or threatened with, difficulties in their balance of current payments or capital movements;
Latvia has requested medium-term financial assistance;
The Council, by its Decision 5255/09 of 20 January 2009 (hereinafter referred to as the "Decision") decided to grant Latvia under Regulation (EC) No 332/2002 a loan amounting to a maximum of EUR 3 100 000 000 with a maximum average maturity of seven years. The loan shall be made available in maximum six instalments;
The loan is granted in conjunction with a loan from the International ary Fund of SDR billion (around EUR billion) under a Stand-by arrangement approved on 23 December 2008. In addition, the Nordic countries (Sweden, Denmark, Finland, Norway and Estonia) are to contribute EUR billion together, the World Bank EUR billion, the European Bank for Reconstruction and Develo