Wed, 28 Sep 2011: Estonian link approved…
Sep 28, 2011 Estonia
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,&...Tags: Andrius, Andrus Ansip, Baltic Republics, Bloc, Budget, Counterparts, Energy Connections, Estonia Latvia, European Union, Fall Of Communism, Joint Venture, Lithuania, News Conference, Physical Connections, Prime Minister, Recessions, Rsquo, Valdis, Western Europe
Wed, 3 Nov 2010: Bankers smiling as the money rolls in…
Nov 3, 2010 Baltics
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...Tags: Bad Debt, Baltic Countries, Baltics, Economic Crisis, European Union, Investors, Kronor, Loan Losses, Money, Nordea, Quarterly Profit, Recessions, Seb, Second Quarter, Swedbank, Swedish Banks
Wed, 5 May 2010: Banks say outlook improving…
May 5, 2010 Baltics
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 ...Tags: Baltic States, Banks, Business Environment, Ceo, Estonia Latvia, Handelsbanken, Kronor, Loan Losses, Loans, Net Income, Nordea, Outlook, Real Estate Market, Recessions, Rsquo, Seb, Signs, Swedbank, Wed 5
Thu, 8 Oct 2009: Baltics too small to damage Swedish economy…
Oct 8, 2009 Baltics
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...Tags: Baltic Countries, Clausen, Economic Sense, Economic Terms, Euros, Loan Losses, Negative Direction, Nordea, Nordic Region, Recessions, Riksbank, Risk, Second Quarter, Sweden Economy, Swedish Economy
Thu, 1 Oct 2009: Recent rally not fully based on fundamentals…
Oct 1, 2009 Baltics
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...Tags: Assets, Budget Balance, Central And Eastern Europe, Economic Plight, Equity Investors, Estonia, Fiscal Health, God, Latvia, Lithuania, Outlooks, Paces, Rally, Recessions, Soviet States, Stock Indexes
Thu, 24 Sep 2009: New Report casts doubt on IMF program…
Sep 24, 2009 Baltics
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...Tags: Budgetary Framework, Budgets, Business Cycle, Capital Inflows, Cheap Loans, Credibility, Deficit Target, Economic Performance, Exceptional Circumstances, Fiscal Measures, Gdp, Gdp Target, Imf Program, Lenders, Oecd, Public Spending, Recessions, Report Casts Doubt, Sustainability, Target Ratio
Thu, 2 Jul 2009: The week’s top news in world financial markets from Maximus Capital…
Jul 2, 2009 Baltics
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...Tags: Decline In Housing Market, Downturn, Financial Markets, Hallmark, Housing Starts, Hurricane Katrina, Index Of Leading Indicators, Initial Claims, Ism, Logic, Maximus, News World, Plunge, Quarter Basis, Recession, Recessions, Single Family, Top News
Thu, 21 May 2009: Second quarter to be harder ’s Semeta…
May 21, 2009 Baltics
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...Tags: Baltic States, Bloomberg, Contraction, Contractions, Countries, European Union, Export Markets, First Quarter, Gdp, London, Quarter Gdp, Real Estate Bubble, Recessions, Seb, Second Quarter, Swedbank
Thu, 30 Apr 2009: The week’s top news in world financial markets from Maximus Capital…
Apr 30, 2009 Baltics
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...Tags: Business Cycle, Business Risk, Employment Levels, False Signals, Financial Markets, Initial Claims, Job Link, Job Loss, Jobs, Layoffs, Maximus, News World, Periods, Recession, Recessions, Top News, Turning Point