Wed, 20 Feb 2013: Inflation threat to Lithuanian euro…

But critics say the government created needless suffering in the process, implementing austerity measures to rush into a financial club that many believed was on the verge of crumbling. SEB anal...

Thu, 15 Dec 2011: Latvia, Lithuania to join eurozone budget treaty…

Vilks is convinced that the 2012 national budget matches the Baltic region’s vision of next year’s economy. However, it is difficult for Europe’s developed countries to implement...

Thu, 3 Nov 2011: Latvia better off than Greece…

It will have to carry out austerity measures for several years. Latvia’s debt stands at around 50 percent,” emphasizes the European Commission. It is planned that Greece’s debt...

Wed, 29 Jun 2011: Greek model for Latvian crisis?…

Latvia, which came dangerously close to bankruptcy, had to fire thousands of public servants and close schools and hospitals. It was painful, but the cure has worked, so far. Battered and bruised...

Thu, 13 Jan 2011: Growth prospects good for Eastern Europe…

“Emerging markets have solid growth stories and are not directly weighed down by peripheral issues,” the expert pointed out. Europe’s developing nations will grow 3.1 percent t...

Thu, 25 Nov 2010: Uneven recovery continues…

Poland was the only member of the 27-nation European Union to achieve economic growth in 2009, gaining 1.7 percent. The other growth-driver is Slovakia, which relies heavily on car and electronics...

Thu, 4 Nov 2010: Rimsevics says “do your homework”…

Moody’s Investors Service rates Latvia Baa3, its lowest investment grade, with a stable outlook. Latvia is recovering after a debt-fueled property bubble burst, forcing the government to p...

Thu, 25 Feb 2010: Another down year for Baltics…

These forecasts are the most pessimistic of the past two months from the bank. The Baltic states continue to log the European Union’s biggest economic declines. The collapse of their cred...

Thu, 14 May 2009: Budget amendments remain on track…

Dombrovskis has previously warned the latest round of budget cuts will be the most severe. ON THE AGENDA The government's harsh austerity measures have sparked outrage in Latvia and further cut...

Wed, 14 Nov 2007: Inflation in Latvia storms ahead to 13.2 percent…

8. Overall, prices for goods were up 2.5 percent in October and those for services 1.4 percent compared with September. It was the fifth straight month that the annual inflation rate increased. ...
?php get_sidebar(); ?>