Wed, 28 Sep 2011: Estonian link approved…

Estonia will seek financing from the European Union’s next budget in 2014, he added. “We should concentrate on building as many physical connections with Western Europe as possible,&...

Wed, 3 Nov 2010: Bankers smiling as the money rolls in…

Swedbank said that its operations in the region had a quarterly profit for the first time since 2008, while Nordea became profitable in the second quarter of this year. At the height of the cris...

Wed, 5 May 2010: Banks say outlook improving…

Handelsbanken’s profit climbed to 2.8 billion kronor (291.6 million euros) from 2.77 billion kronor. SEB’s net income fell to 674 million kronor from 1.03 billion kronor. Nordea, SEB ...

Thu, 8 Oct 2009: Baltics too small to damage Swedish economy…

Nordea's net loan losses jumped to 425 million euros in the second quarter, up from 36 million euros a year earlier. Clausen says that loan losses have probably peaked, and that "loan losses in 20...

Thu, 1 Oct 2009: Recent rally not fully based on fundamentals…

Estonia would boost this year's budget balance by 518 million kroons. Investors shouldn't lump all Baltic stock indexes in one group, but should instead look for differences in the countries' gr...

Thu, 24 Sep 2009: New Report casts doubt on IMF program…

The OECD recommends that "governments aim at balancing budgets over the complete business cycle, and that to maintain fiscal credibility, discretionary fiscal measures should be reserved mainly fo...

Thu, 2 Jul 2009: The week’s top news in world financial markets from Maximus Capital…

So far in June, initial claims are running 50,000 below their level in March, the largest decline since the post-Hurricane Katrina plunge in 2005. If historic logic holds, this type of plunge is...

Thu, 21 May 2009: Second quarter to be harder ’s Semeta…

This year will be very hard," Semeta told Bloomberg in London on May 15. The three Baltic states have seen the worst recessions in the European Union, with first-quarter GDP shrinking 18 percent i...

Thu, 30 Apr 2009: The week’s top news in world financial markets from Maximus Capital…

When can we be confident about a turning point in claims? Historically, claims peaked anywhere up to two months before the end of recessions. Of course, they are notoriously noisy 's even the usua...
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