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, 25 Sep 2008: Economists predict more hard times …

The release said that banks would follow increasingly conservative lending policies, while demand on key exports was also likely to decline, both of which would also contribute to slower growth ...
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