Wed, 25 May 2011: Debt crisis threatens recovery…

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 ...

Thu, 13 Jan 2011: Growth prospects good for Eastern Europe…

“Emerging markets have solid growth stories and are not directly weighed down by peripheral issues,” the expert pointed out. Europe’s developing nations will grow 3.1 percent t...

Wed, 10 Feb 2010: The week’s top news in world financial markets from Maximus Capital…

That was four years after the Bretton Woods agreement, set up in 1944 to link currencies to the price of gold, collapsed. The U.K. pound has dropped 34 percent and the Canadian dollar has fallen 6...

Wed, 4 Apr 2007: Bank of Latvia chief launches PR campaign…

"Rating agencies, seeing that the plan is being implemented accurately, might give a positive outlook to Latvia in the future," said Rimsevics. The government's plan includes balancing the budg...

Wed, 28 Mar 2007: Brussels chides Lithuania, Estonia for breaches of telecom rules…

The commission also filed suits for the same offense against Italy, the Netherlands, Portugal and Slovakia. According to the Baltic News Service, in December the Lithuanian government approved ...

Wed, 13 Dec 2006: Lithuania’s poverty level drops …

But as Semeta explained, the country's system of social security kept the numbers down. "After deducting social benefits from income, the relative poverty line in Lithuania jumps to 23.7 percent...

Wed, 27 Apr 2005: EU’s road toll blues…

In substance, it is a framework agreement laying down the principles of road toll calculation and collection. Besides Estonia, Malta, Belgium and Portugal said the bill hurt their interests. Most ...

Sat, 21 Jun 2003: Stability pact at risk of German death blow…

But Berlin can count on heavyweight support from France and Italy, which are also struggling to meet the 3 percent deficit target. The three countries, which together account for 70 percent of the...

Thu, 19 Jun 2003: Latvia still on bottom in key statistic…

The Latvian Institute of Economy director, Raita Karnite, said that growth of GDP per capita to 35 percent from 33 percent could be considered rather steep. She said Latvia's economic growth was m...

Thu, 3 Apr 2003: Hopes of economic recovery dim with war…

It dropped in all member states except for Luxembourg and the Netherlands, where it remained unchanged, and Portugal where it rose by 0.3 percentage point.The new source of gloom came barely two w...
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