Considerations on COM(2009)365 - Amendment of Council Decision of 20 January 2009 providing Community medium term financial assistance for Latvia

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dossier COM(2009)365 - Amendment of Council Decision of 20 January 2009 providing Community medium term financial assistance for Latvia.
document COM(2009)365 EN
date July 13, 2009
 
table>(1)By Decision 2009/289/EC (2), the Council decided to grant mutual assistance to Latvia. By Decision 2009/290/EC (3), the Council decided to provide medium-term financial assistance for Latvia.
(2)The scope and intensity of the financial crisis affecting Latvia calls for a revision of the economic policy conditions foreseen for the disbursement of the instalments of the Community financial assistance with a view to taking into account the fiscal effects entailed by the significant reduction of the GDP.

(3)Decision 2009/290/EC should therefore be amended accordingly,