Wed, 4 Aug 2010: Fears grow over economic recovery…

“The bad news is that pressures facing manufacturers in the region are only going to increase from here,” Shearing wrote. As the global recovery flags, “there is little chance of...

Thu, 17 Dec 2009: The week’s top news in world financial markets from Maximus Capital…

Fannie Mae and Freddie Mac, the largest sources of mortgage money in the U.S., have used $111.6 billion of their $400 billion in backup financing in less than a year. The companies say their 10...

Wed, 10 Jun 2009: Devaluation fears surface as Latvia crisis deepens…

HEADSTRONG The Latvian government has repeatedly ruled out the possibility of devaluation 's a stance backed by the European Union, which said the peg is vital for economic and political stabili...

Thu, 30 Apr 2009: Consortium allays fears on bypass pipeline…

Russia remains the EU's single largest energy partner and Europe constitutes Russia's largest market for gas, accounting for 75 percent of Russian gas exports. Currently the EU is dependent on U...

Wed, 22 Apr 2009: Credit default on the rise …

Furthermore, many analysts and bank representatives have raised fears that the number of people who cannot repay loans 's and subsequently the number of repossessions that take place 's is only g...

Wed, 18 Feb 2009: Spat raises fears of major energy shortfall…

He also maintained, however, that Lithuania's SwedLit proposal is technically superior. "We should not forget the technical aspects here, i.e. whether the designed link would physically provide t...

Wed, 10 Sep 2008: New statistics confirm old economic fears …

This small growth would mean the nation is not technically in recession. But according to Alla Vanga, the statistics bureau's deputy head of national accounts, the opposite is true. Vanga told the...

Wed, 3 Sep 2008: Nuclear plant faces further delays …

"If we managed to build this [energy] bridge by 2012, we would have to close the [Ignalina] atomic power station," the prime minister said. As a part of its accession agreement, Lithuania promi...

Wed, 28 Nov 2007: Baltic stocks hit year-low on fears…

23 to reach 683.2. In Estonia, which has the most robust equity market in the Baltics, the OMXT stock index fell 4.1 percent over the week. "There was no positive news. Every other day there's...

Wed, 10 Oct 2007: Inflation soars in all three Baltic states, triggering renewed fears of …

In Estonia, annual inflation reached 7.2 percent, significantly beyond the estimates of some 6.3 's 6.5 percent and leading some analysts to believe that 8 percent was a real possibility for the...

Wed, 10 Oct 2007: Latvia’s finance ministry proposes setting up stabilization fund…

Earlier this year Prime Minister Aigars Kalvitis suggested that some two-thirds of the cash 's or approximately 280 million lats 's from the sell-off should be used to establish a stabilization fu...

Wed, 18 Jul 2007: Poles plan defense of PKN Orlen from hostile bid…

The ministry was not available for comment, the weekly wrote. The Polish state owns 30 percent of PKN Orlen, as well as blocking rights. PKN Orlen seems to harbor the same fears. The Puls Bizne...

Wed, 2 May 2007: Lithuanian leaders in confusion over new Latvian power station…

Fears that Latvia might exit the nuclear power plant project were sparked by an article in the Russian-language business paper, Bizness & Baltija, which claimed that the Baltic state and Russia h...

Wed, 4 Oct 2006: World Bank sites labor issues as challenge for Baltic growth…

Evidence showed that fears in Western Europe of massive inflows of workers and their negative impact on the receiving labor markets were unfounded. Foreign workers from poorer member states genera...

Wed, 30 Nov 2005: Farmers take jam to Brussels to protest sugar fine…

30. Excess stocks should be either exported or turned into fodder or fuel, but not consumed by Estonians. The matter has been taken to a European court, where Estonian lawyers will try to prove th...

Wed, 17 Aug 2005: Official: Danish fears of Baltic meat unfounded …

Regardless, Latvia's food producer and processor association said that, most likely, there is no Latvian meat imported in Denmark. "We are not exporting lots of meat in any case," said association...

Wed, 20 Apr 2005: CEO: Latvian juice fears ‘incomprehensible’…

Noop said all Baltic fruit juice makers are members of the European juice quality organization, and the last to join it were Gutta and Cido of Latvia and Poltsmaa and Largo of Estonia. "Membership...

Thu, 20 Nov 2003: Sweden fears invasion of Baltic workers…

As a result, the Estonian woman and her husband and two children would receive social welfare benefits, which would end up costing the Swedish taxpayer 120,000 kronor per year.Later, continued Rol...

Thu, 5 Jun 2003: Krajbanka buyer: no plans yet…

and a director at Doxa, said Krajbanka's new investors had not yet met with any other shareholders. He said Doxa had long-term plans for Latvijas Krajbanka and may consider buying more shares in t...

Thu, 13 Mar 2003: Finance ministers in pre-summit battle…

And Italy torpedoed a hard-fought agreement to prevent tax evasion by EU citizens who bank their money in foreign countries, prompting an angry reaction from Germany.The finance ministers battled ...

Thu, 16 Jan 2003: Rumors force run on Vilnius Bank…

"I would be happy if I knew what had caused the rumors, but quite simply, I do not," Julius Niedvaras, president of Vilniaus Bankas, told The Baltic Times.Regardless of the source, it is clear tha...

Thu, 9 Sep 1999: Latvia fears losing investors…

So far, there's little evidence that this has dissuaded foreign investors from entering the Latvian market. Though the Economic Affairs Ministry reported that direct foreign investment declined in...

Thu, 17 Dec 1998: Computer assembler fears coming apart…

The bank was Pennu's biggest creditor and the computer assembler owes it up to 50 million kroons.Alo Koop, Pennu's founder and former board chairman, said the previous management knew in spring th...
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