Wed, 4 Mar 2009: Advertising decline could hurt journalism…

He based this on data from the 1998 Russian financial crisis that hammered the economies of the Baltic states. The top 10 advertisers today are mostly the same ones as a decade ago. Juodpusis pr...

Thu, 9 Sep 1999: Prepare for a ride…

It does not take much to find the odd one out.The number of banks in Latvia is completely unsustainable in the small domestic market, especially since after the Russian financial crisis, the domes...

Thu, 9 Sep 1999: Latvia fears losing investors…

So far, there's little evidence that this has dissuaded foreign investors from entering the Latvian market. Though the Economic Affairs Ministry reported that direct foreign investment declined in...

Thu, 22 Jul 1999: Narrowing Lithuania’s regeneration gap…

A new project launched by a non-profit organization called the U.S. Baltic Foundation, however, is aiming to change all of that by helping regions to help themselves. The cozy southwest region of ...

Thu, 28 Jan 1999: Latvian privatization drags on…

Latvenergo definitely will not be privatized this year, and I doubt whether next year either," said Raivis Cakuls, an analyst for brokerage house Talinvest Suprema Securities.The prime minister sa...

Thu, 14 Jan 1999: Brokers lick their wounds, brace themselves for 1999 …

Despite all the uncertain factors, Tomas Andrejauskas, Suprema stockbroker, even showed a gleam of reserved optimism. He said he is generally pessimistic about January results and does not believe...

Thu, 10 Dec 1998: Exports to Russia inch up…

Exports to Russia plummeted after the Russian government devalued the ruble back in August. Russia is Estonia's third largest trading partner, accounting for 12.6 percent of exports, according to ...

Thu, 8 Oct 1998: The shadow of the bear…

It is to the credit of all three countries that collapse in Russia no longer means collapse in the Baltics as well. At the other extreme, it would be churlish to suggest, as many local officials h...

Thu, 10 Sep 1998: Government admits Russian crisis’ influence on economy…

According to the release, the Finance Ministry has used its funds more frugally this year than it had planned.The Finance Ministry is now putting the finishing touches on a tighter plan to limit b...

Thu, 27 Aug 1998: No panic in Lithuania…

On the following Monday, Aug. 24, Russia began its first full day under a new governmental administration. The previous evening, the ever unpredictable Yeltsin axed Prime Minister Sergey Kiryenko,...
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