Wed, 9 Nov 2011: Greek debt thunder worries Lithuania…
Nov 9, 2011 Lithuania
While in the wake of the Greek debt crisis, many European financial institutions warn of a 2008-like economic contraction, or worse, the Lithuanian top echelon remains surprisingly calm, making ma...Tags: Andrius, Austerity, Baltic Times, Bells, Confederation, Credit Crunch, Debt Crisis, Echelon, Economic Contraction, Finance Department, Financial Institutions, Government Policies, Industrialist, Lithuania, Parliamentary Elections, Rsquo, Top Echelon
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 Oct 2009: Bank Governor sees improving borrowing conditions…
Oct 1, 2009 Baltics
Sarkinas has called on the government to cut spending to a level "it can afford." Government spending cuts and tax increases contributed to a 20.2 percent economic contraction last quarter. The ...Tags: Budget Gap, Consumption, Economic Contraction, Gap, Gdp, Government Spending, Last Quarter, Lenders, Money, Tax Increases
Wed, 8 Jul 2009: Economic indicators head south…
Jul 8, 2009 Baltics
"If anything, the risk is that it will accelerate as unemployment rises and as wages continue to fall." He forecast an economic contraction of 17 percent for the second quarter, Bloomberg reporte...Tags: Bloomberg, Economic Activities, Economic Contraction, Economic Indicators, Inflation, Negative Trend, Retail Sales, Risk, Second Hand Goods, Second Quarter, Unemployment, Wages