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Latvian Parliament Approves EU’s Fiscal Stability Treaty

May 31 (Bloomberg) -- Latvia’s parliament approved the European Union’s Fiscal Stability Treaty.

The 100-member legislature voted 67-29 with one abstention to approve the pact in a second and final reading today, according to the website of the parliament in the capital, Riga. The accord anchors balanced-budget rules in national law.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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