LOANAGREEMENTbetweenTHEEUROPEANCOMMUNITYasLenderandTHEREPUBLICOFLATVIAasBorrowerTHEBANKOFLATVIAasAgenttotheBorrowerEUR3100000000_____January2009第2页共24页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第2页共24页ThisLoanAgreement(the"Agreement")ismadebyandbetweentheEuropeanCommunity(hereinafterreferredtoasthe"EC"orthe"Lender"),representedbytheCommissionoftheEuropeanCommunities(hereinafterreferredtoasthe"Commission"),andtheRepublicofLatvia(hereinafterreferredtoas"Latvia"orthe"Borrower"),representedbytheMinisterofFinance,MrAtisSlakteris,andtheBankofLatviaactingasAgentonbehalfoftheBorrower(hereinafterreferredtoasthe"Borrower'sAgent"),representedbytheGovernoroftheBankofLatvia,MrIlmārsRimšēvičs.PreambleWhereas:(1)CouncilRegulation(EC)No332/2002of18February2002establishingafacilityprovidingmedium-termfinancialassistanceforMemberStates'balancesofpayments(OJL53,23.2.2002,p.1)empoweredtheCommissiononbehalfoftheECtocontractborrowingsonthecapitalmarketsorwithfinancialinstitutionswiththeaimtograntloanstooneormoreMemberStateswhichareexperiencing,orthreatenedwith,difficultiesintheirbalanceofcurrentpaymentsorcapitalmovements;(2)Latviahasrequestedmedium-termfinancialassistance;(3)TheCouncil,byitsDecision5255/09of20January2009(hereinafterreferredtoasthe"Decision")decidedtograntLatviaunderRegulation(EC)No332/2002aloanamountingtoamaximumofEUR3100000000withamaximumaveragematurityofsevenyears.Theloanshallbemadeavailableinmaximumsixinstalments;(4)TheloanisgrantedinconjunctionwithaloanfromtheInternationalMonetaryFundofSDR1.5billion(aroundEUR1.7billion)underaStand-byarrangementapprovedon23December2008.Inaddition,theNordiccountries(Sweden,Denmark,Finland,NorwayandEstonia)aretocontributeEUR1.9billiontogether,theWorldBankEUR0.4billion,theEuropeanBankforReconstructionandDevelopment,theCzechRepublicandPolandatotalofEUR0.4billion,bringingthetotalassistancetoEUR7.5billionovertheperiodtothefirstquarterof2011;(5)TheloanislinkedtoeconomicpolicymeasuresdesignedtosupportLatvia'sbalanceofpaymentssustainabilityasdeterminedinArticles2and3oftheDecision;(6)TheeconomicpolicyconditionstoberespectedbyLatviaarelaiddownintheMemorandumofUnderstandingsignedon___January2009betweenthe第3页共24页第2页共24页编号：时间：2021年x月x日书山有路勤为径，学海无涯苦作舟页码：第3页共24页CommissionandLatviaandtheBankofLatviaandinsubsequent(Supplemental)MemorandaofUnderstanding,ifany(hereinafterreferredtocollectivelyas"MemorandumofUnderstanding");(7)ThefirstinstalmentshallbereleasedsubjecttotheentryintoforceoftheMemorandumofUnderstandingandthisLoanAgreement,aswellasbasedontheLatvianauthorities'economicstabilisationprogramme("Economicstabilisationandgrowthrevivalprogramme")andamendedbudgetfor2009,bothadoptedbytheLatvianParliamenton12December2008;(8)ThereleaseofinstalmentssubsequenttothefirstoneisconditionalupontheCommissiondecidingfavourably,afterconsultationwiththeEconomicandFinancialCommittee,onthebasisofthefindingsofitsverificationthattheeconomicpolicyofLatviaaccordswiththeadjustmentorback-upprogrammeoranyotherconditionslaiddownbytheCouncilorintheMemorandumofUnderstanding;(9)TheCommissionwilllaunchinduecourse,onbehalfoftheECandafterwrittenagreementbytheBorroweronthemaintermsassetouthereinafter,bondissuesoranyotherappropriatefinancialtransactionsfortheprincipalamountinTranches,theproceedsofwhichshallbeon-lenttothe...
