Data gap in the EU's economic consensus: An attempt to retrieve missing information on the bail-out of Parex Banka, write-off of Reverta and the acquisition and resale of Citadele A.S involving the Latvian Privatization Authority and the EBRD
The document highlighted in blue above contains detailed information on Europe's ESA-95 accounting procedure and adjustments made. The report covers Latvia in 2017, and includes reference to the procedure used for the write-off of 'bad bank' Reverta as well as a sale of Citadele towards the EBRD through an equity-option of 25% plus 1 share, after it was acquired first by the Latvian Privatization Authority. It contains relevant information for subsequent financial policies in the EU. Citadele and Reverta have been established following the bail-out of Parex in 2009. Since the file can no longer be found on Eurostat, it has been attached on the right. (URL:<https://ec.europa.eu/eurostat/documents/1015035/8054610/Final-findings-EDP-dialogue-visit-LV-7-9-June-2017.pdf>) Question in this context is what led to the decision for removal.The European Statistics Code of Practice says the following with regard to independence and objectivity of methods for collection and dissemination: