Wed, 25 Jan 2012: Lithuanian leaders’ outlines for the economy in 2012…
Jan 25, 2012 Lithuania
“It will be a complicated year because of the coming parliamentary elections and because of the complicated economic situation beyond the Lithuanian borders,” Grybauskaite said. She ...Tags: Baltics, Borders, Bulgaria, Economic Situation, Economy, Eurostat, Lithuania, Lithuanian Parliament, Minimal Wage, Minimum Wage, Negotiations, Nuclear Plant, Outlines, Parliament, Parliamentary Elections, Perspective, Priorities, Romania, Rsquo
Wed, 3 Aug 2011: Defenses boosted…
Aug 3, 2011 Baltics
After the 2008 fall of Lehman Brothers, a subsequent flight from risky assets knocked a quarter or more off the value of currencies across the region versus the euro and drove debt yields to multi...Tags: Baltics, Banks, Black Sea, Budget Deficits, Central Europe, Contagion Effect, Credit Flows, Currencies, Hungary, Lehman Brothers, Poland, Rainy Day, Recession, Risky Assets, Romania, Sectors
Wed, 13 Apr 2011: High inflation surprises analysts…
Apr 13, 2011 Baltics
She said that one of the main reasons why inflation in Lithuania causes such resonance is the amount of income that residents spend for food, of which Lithuania is almost at the bottom in the Euro...Tags: Croatia, Eu Member States, European Union, Food Products, Inflation Surprises, Lithuania, Perspective, Resonance, Respect, Romania, Turkey
Wed, 6 Apr 2011: Labor tax burden in Estonia drops…
Apr 6, 2011 Baltics
A higher share of labor taxes falls on the employer, including pension contributions, health insurance and unemployment insurance. Employees carry the obligation of income tax and part of the unem...Tags: Bulgaria, Direct Taxes, Eu Member States, European Union, Gdp, Health Insurance, Implementation, Income Tax, Insurance Employees, Labor Taxation, Latvia, Lithuania, Malta, Obligation, Pension Contributions, Romania, Sweden Denmark, Tax Burden, Unemployment Insurance, Workforce
Thu, 13 Jan 2011: Growth prospects good for Eastern Europe…
Jan 13, 2011 Baltics
“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...Tags: Austerity Measures, Bondholders, Contracts, Credit Default Swaps, Developing Nations, Eastern Europe, Economists, Emerging Markets, Greece, Growth Prospects, International Monetary Fund, Investors, Ireland, Peripheral Issues, Portugal, Romania, Rsquo, Spain, Three Months, Ukraine
Thu, 23 Dec 2010: Risks remain in fragile recovery…
Dec 23, 2010 Baltics
“Strains could reappear quickly if investor risk aversion were to rise as a result of uncertainties about economic policies or political tensions in some countries [particularly those with I...Tags: Budget Cuts, Ecb, Economic Policies, Eu Countries, Financial Assistance Programs, Fragile Recovery, Hungary, Imf, Investor Risk, Market Turmoil, Political Tensions, Prime Minister Viktor, Reassessment, Risk Aversion, Romania, Rsquo, State Revenues, Strains, Uncertainties, Viktor Orban
Thu, 25 Nov 2010: Uneven recovery continues…
Nov 25, 2010 Baltics
Poland was the only member of the 27-nation European Union to achieve economic growth in 2009, gaining 1.7 percent. The other growth-driver is Slovakia, which relies heavily on car and electronics...Tags: Austerity Measures, Bulgaria, Contractions, Czech Republic, Distant Memory, Economic Growth, European Union, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, Tiger, Tiger Economy
Wed, 27 Oct 2010: Boom, boom, boom, let’s go back to……
Oct 27, 2010 Baltics
Romania, Croatia, Montenegro and Latvia will contract this year, and Bulgaria will stagnate. All the countries will return to growth in 2011, the forecast showed. Export-Led Recovery Rising exp...Tags: Bad Debts, Bakker, Boom Boom Boom, Bulgaria, Consumer Confidence, Countries, Croatia, Dearth, Imf, Latvia, Loans, Montenegro, Romania, Serbia, Ukraine, Unemployment, Wages, Western Europe
Wed, 10 Mar 2010: Emerging Europe excludes Baltics…
Mar 10, 2010 Baltics
But individual figures were less positive: while Hungary, Bulgaria and Romania were expected to post zero-growth in 2010, GDP was likely to shrink in Estonia, Latvia and Lithuania, by 1.5 percent,...Tags: Bulgaria, Crisis Period, Czech Republic, Emerging Europe, Estonia Latvia, Gdp, Hungary, Lithuania, Member States, New Member, Poland, Romania, Slovakia, Slovenia, Wiiw
Thu, 21 Jan 2010: Banks will face difficult climate this year…
Jan 21, 2010 Baltics
The slow pace of credit expansion is due more to an ongoing “deleveraging” by households and companies, rather than to prudent lending standards, he wrote. East European banks and t...Tags: Climate, Credit Expansion, Currencies, Delinquent Loans, Deterioration, European Banks, External Debt, Face, Foreign Exchange, Germany, Households, Hungary, Imf, Italy, Latvia, Romania, Slow Pace, Sweden, Ukraine
Wed, 13 Jan 2010: Structural imbalances mean loan growth to remain weak…
Jan 13, 2010 Baltics
Non- performing loans surged as sliding currencies pushed up repayment costs and the IMF needed to step in to rescue Hungary, Romania, Latvia and Ukraine as they could not finance external debt. ...Tags: Boom, Currencies, Currency Loans, Dependence, External Debt, Financial Markets, Foreign Currency, Governments, Households, Hungary, Imf, International Lenders, Latvia, Loan Growth, Local Interest Rates, Non Performing Loans, Regulators, Romania, Ukraine
Thu, 8 Oct 2009: Currency peg to blame for worsening economy, says Cordero…
Oct 8, 2009 Baltics
Latvia's economy is suffering the second-worst contraction in the European Union and in December had to turn to a group, led by the EU and IMF, for a 7.5 billion euro loan to help support its fin...Tags: Budget Deficit, Bulgaria, Contraction, Cordero, Currency Peg, Euro, European Union, Exchange Rate, Flexible Exchange Rates, Gdp, Imf Report, Latvia, Led, Polish Economy, Public Spending, Romania, Second Half, Shock Absorber, Worsening Economy
Wed, 30 Jan 2008: Latvia, Estonia join Lithuania in downgrade…
Jan 30, 2008 Latvia
The Negative outlooks reflect the heightened downside risk of an abrupt slowdown in capital inflows and a costly macroeconomic adjustment." Fitch estimates 2007 current account deficits (CADs) at ...Tags: Account Deficits, Balt, Bulgaria, Capital Inflows, Current Account, Downside Risk, Estonia, Gdp, Global Credit Crunch, Latvia, Lithuania, Macroeconomic Adjustment, Outlooks, Romania, Slowdown, Sovereigns, Twelve Months
Wed, 21 Feb 2007: Latvia has cheapest gas, thinnest men…
Feb 21, 2007 Latvia
This is up 4.1 percentage points compared with 2003, according to the Baltic News Service. Lithuania's GDP per capita was 51.1 percent of the EU average, while for Latvia the analogous figure was ...Tags: Baltic News Service, Bloc, Bulgaria, Gdp, Gdp Per Capita, Inner London, Latvia, Lithuania, Percentage Points, Poland, Romania, Western Europe
Wed, 10 Jan 2007: 2007 unlikely to see significant progress against inflation…
Jan 10, 2007 Baltics
8 that the consumer price index rose 5.1 percent from December 2005 to December 2006, the highest year-on-year increase since September 2001. Average annual inflation amounted to 4.4 percent. The...Tags: Bulgaria, Consumer Price Index, Food And Beverages, Housing Costs, Inflation, Motor Fuel, National Statistics Office, Romania, Rose
Wed, 4 Oct 2006: Latvian ministers call for guest workers…
Oct 4, 2006 Latvia
"Latvia has called on the EU for equality among states," he indicated. "We did not like to be restricted, so why should we play such a double game with Romania and Bulgaria? We must develop norma...Tags: Attitude, Baltic State, Bulgaria, Double Game, Edgars, Equality, Guest Workers, Interior Minister, Labor Shortage, Latvia, Romania
Wed, 19 Jul 2006: Cilija pizza to expand throughout Eastern Europe…
Jul 19, 2006 Baltics
"We first choose the countries with the best outlook for our business," Cepiene said. The company intends to open two Cili pizza houses in Kiev - the first one would open this September, while ...Tags: Cili, Eastern Europe, Franchise, Kiev, Marketing Director, Negotiations, Open Houses, Pizza, Poland, Restaurants, Romania, S Vision, Subsidi
Wed, 29 Mar 2006: Latvia at a crossroads of West and East in rich investors’ hunting…
Mar 29, 2006 Latvia
Indeed, Latvia is still waiting for the "big guys" to come. According to some estimates, West European and U.S. institutional investors have set the allocation targets for Central and Eastern Euro...Tags: Baltic State, Big Guys, Bulgaria, Central And Eastern Europe, Central Europe, Croatia, Crossroads, Estimates, Fi, Footstep, Hunting, Institutional Investors, Investment Advisors, Investor, Latvia, Rich Investors, Romania, Russian Market, Targets, Ukraine
Wed, 14 Dec 2005: Lack of IT specialists leads to outsourcing…
Dec 14, 2005 Baltics
"We have increased the share of information technology (operations) there," he said, adding that IT operations can be conducted from a distance. Rask said software development was suffering from a...Tags: Acute Shortage, Ceo, Developing Company, Finland, Information Technology Operations, Java, Leads, Outsourcing, Pl Sql, Rask, Romania, Serbia, Share Information, Shortlist, Skilled Specialists, Software Development, Sql Programs, Webmedia
Wed, 5 Oct 2005: Grindex not planning to buy Olianfarm …
Oct 5, 2005 Baltics
"Grindex and Olainfarm are different enterprises… and they have different philosophies. At least for now, Olainfarm has been working in the style of crisis management to recover from debts and a...Tags: Avoid Bankruptcy, Crisis Management, Debts, East European Companies, Grindex, Medicine, Percent Stake, Pharmaceutical Plant, Philosophies, Poland, Privatization, Romania, Slovakia, Tallinn, Wed 5
Wed, 5 Oct 2005: VP Market takes Bulgaria by storm…
Oct 5, 2005 Baltics
VP Market currently operates 195 stores in Lithuania, 95 outlets in Latvia, 22 in Estonia, 8 in Romania, and 5 in Bulgaria.Gintaras Mikulskas, board member in charge of VP Market's operations in B...Tags: Baltic States, Board Member, Bulgaria, Bulgarian Cities, Euros, Gintaras, Latvia, Next Five Years, Retail Outlets, Romania, Verslo Zinios, Vp Operations, Wed 5
Wed, 31 Aug 2005: Ultra-mall poised to raise equity capital…
Aug 31, 2005 Baltics
Vilniaus Akropolis controls Akropolis malls in Vilnius, Kaunas and Klaipeda. In Latvia, it controls Rigas Akropole subsidiary and has daughter companies in Romania and Bulgaria.Last year it posted...Tags: Akropolis, Ambitious Expansion, Bulgaria, Daughter Companies, Decline, Equity Capital, Expansion Plans, Finance, Investment Company, Investments, Kaunas, Klaipeda, Latvia, Malls, Pretax Earnings, Romania, Stock Exchange, Subsidiary, Turnover
Wed, 27 Apr 2005: Lithuanian contractors to build in Romania…
Apr 27, 2005 Lithuania
Moreover, the group is eyeing Warsaw, Bratislava, Prague, Budapest and Zagreb. In November the chain will open a new hotel in Riga, and in 2007-2008 it should open two hotels in Tallinn. Moreover,...Tags: Baltics, Bratislava, Budapest, East European Countries, Favorable Business Environment, Group Ceo, Hanner, Hotel In Riga, Hotels, Litas, Lithuanian, New Hotel, Prague, Presence, Romania, Spa Resort, Tallinn, Ukrainian Market, Warsaw, Zagreb