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, 27 Jan 2011: Students giving teacher lessons…

European governments shouldn’t “be afraid,” Lithuanian Prime Minister Andrius Kubilius said in a separate Bloomberg Television interview. Lithuania has increased taxes, cut state...

Thu, 3 Sep 2009: Wages drop as government reviews economic numbers …

Real wages, taking into account changes in the consumer price index (inflation), also continued to fall in the second quarter. In the first and second quarters of 2009, real wages decreased by 4....

Wed, 16 Nov 2005: Dollar hits high against litas…

If the dollar does continue to climb, Lithuania's euro plans could be derailed, local media reported. The stronger the dollar, the faster prices will rise. In Lithuania, inflation has picked up pa...
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