Wed, 27 Jul 2011: Risks remain despite second bailout…
Jul 27, 2011 Baltics
and China, the world’s two largest economies, the bank said. The main contagion threat is that Western European banks, including Unicredit SpA (UCG), Erste Group Bank AG (EBS) and Societe Ge...Tags: Bailout, China, Consumers, Contagion, Ebrd, Ebs, Economic Expansion, Gle, Largest Economies, Loans, Pace, Private Sector, Societe Generale, Spa, Western European Banks
Wed, 25 May 2011: Debt crisis threatens recovery…
May 25, 2011 Baltics
The eurozone remains marred by a debt crisis, which may stall regional growth and pose a threat to local banks. “Better growth prospects are associated with stronger inflationary pressures ...Tags: Bailout, Banks, Commodity Prices, Contagion, Debt Crisis, Debt Problems, Debt Recovery, Euro Zone, Europe, Eurozone, Fallout, Global Commodity, Greece, Growth Prospects, Inflationary Pressures, Ireland, Portugal, Regional Growth, Rsquo, Sovereign Debt
Wed, 5 May 2010: Dombrovskis says Greece should ‘get real’…
May 5, 2010 Baltics
25 peak. Latvia’s 7.5 billion euro IMF and EU program has helped restore investor confidence, though the country’s budget cuts led to an 18 percent economic contraction last year. &...Tags: Bailout, Budget, Currency Devaluation, Economic Contraction, Euro, Eurozone, Fiscal Adjustment, Gdp, Greece, Imf, Investor Confidence, Latvia, Rsquo, Tool, Wed 5
Thu, 1 Apr 2010: The week’s top news in world financial markets from Maximus Capital…
Apr 1, 2010 Baltics
Another report showed home prices rose in January. Gloom is lifting as firings slowand the expansion that began in the middle of 2009 is on the cusp of prompting companies to boost payrolls. Consu...Tags: Bailout, Consumer Spending, Cusp, Economy, Euro Zone, European Union, Financial Markets, Gain Confidence, Gloom, Greece, Households, Housing Market, Investors, Maximus, News World, Rose, Rsquo, Top News, World Markets
Wed, 10 Mar 2010: High praise for Dombrovskis’ crisis leadership…
Mar 10, 2010 Baltics
The former central bank economist implemented an austerity program demanded by a group led by the European Commission and the International Monetary Fund, which stepped in with a 7.5 billion euro ...Tags: Austerity Program, Bailout, Cebeci, Economist, Emergency Loan, European Commission, Failure, High Praise, International Investor, International Monetary Fund, Istanbul, Jpmorgan Chase, Latvia, Leadership, Loan Package, Perspective, Rsquo, Skepticism
Thu, 10 Dec 2009: Latvia’s economy stabilizing, but remains ‘fragile’…
Dec 10, 2009 Latvia
Latvia is ahead of schedule in reducing its budget gap as the government pushes through austerity measures needed to keep bailout funds flowing in, Prime Minister Valdis Dombrovskis said on Dec...Tags: Account Surplus, Ahead, Austerity, Bailout, Budget Gap, Current Account, Economy, Gap, Gdp, Latvia, Money, Parliament, Prime Minister, Rsquo, Valdis
Thu, 12 Nov 2009: ‘Internal Devaluation’ keeps lid on spending…
Nov 12, 2009 Baltics
The largest decreases were observed in retail trade, with activity off 32 percent, manufacturing down by 17 percent and public administration off by 16 percent, reported LETA. Latvia's economic p...Tags: Authorities, Bailout, Banki, Decreases, Devaluation, Economic Performance, Economic Progress, Euro Exchange Rate, Exchange Rate Mechanism, Imf, Lats, Latvia, Lawmakers, Loans, Negotiation Process, Political Brinkmanship, Public Administration, Retail Trade, Smooth Transfer, Speculation
Wed, 14 Oct 2009: Proposal would trigger foreign banks to retreat from Latvia…
Oct 14, 2009 Latvia
Dombrovskis says "the [current] situation in the financial markets and the increasing problems with the borrowers" is driving the proposal. Sweden has already led criticism of its cross-sea neig...Tags: Backtracking, Bailout, Borrowers, Corporate Communications, Current Situation, Current Value, Economic Goals, European Union, Financial Markets, Financial Times, Foreign Banks, International Monetary Fund, International Monetary Fund Imf, Lenders, Lifeline, Neighbor, Oth, Proposal, Proposals, Spending Cut
Wed, 3 Dec 2008: Billion-euro bailout to speed up energy link …
Dec 3, 2008 Baltics
With the impending shut down of Ignalina [Nuclear Power Plant], we will have problems soon." The Ministry of Economy thinks this will help other countries move faster. "The Swedish 's Baltic link ...Tags: Bailout, Baltic Link, Baltic Times, Baltics, Countries, Economy, Electricity Market, Energy Links, Energy Supply, Euro, High Priority, Nuclear Power Plant, Sweden, Swedish Project, Undersecretary
Thu, 6 Feb 2003: France Telecom bailout sparks EU investigation…
Feb 6, 2003 Baltics
One of its aims is to give the member state concerned and France Telecom's competitors the opportunity to make their views known," the commission said.A commission source said the probe could last...Tags: Aims, Bailout, Euros, France Telecom, Member State, Sparks