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Latvia

SEB forecasts deeper contraction in Latvia, Estonia GDP in 2009

The economies of Latvia and Estonia, the two fastest in the European Union in 2006, will contract through next year, SEB AB, the Nordic region's third-largest bank, said in a report today, Bloomberg writes.

NATO split over Baltic defense

A recent request by the highest military commander of the North Atlantic Treaty Organization (NATO) for the authority to draw up full defense plans for Estonia, Latvia and Lithuania, could lead to a serious rift in the alliance...

How does global financial crisis affect Estonian real estate market?

The global financial crisis seems to turn into economic crisis. How does that affect small Estonian real estate market? arileht.ee mediates real estate consultant Tõnu Toompark's opinion. Same topic in BBN Gild Bankers director...

Estonia fell five places in global competitiveness ranking

Estonia fell five places from 27th to 32th in global competitiveness ranking compiled by World Economic Forum, but has still the best place compared to our neighbours Latvia, Lithuania and Russia, mediates postimees.ee.

Latvian real estate millionaire bankrupted

Latvian millionaire, Raimonds Štalbergsa, who earned his fortune by mediating real estate, had to give his properties to cover debts, aripaev.ee mediates Newsru. Štalbergsa had to give his own home to Swedbank in Latvia. He...

Latvians betting on bad times

Latvians hope to strike it rich by wagering on what the country's inflation numbers will be RIGA — Even in the most dire of economic times, there is a chance to make money somewhere, somehow. In Latvia, which is struggling with...

Latvia's inflation falls to below 15 percent

Latvia's inflation fell for the fourth month straight to 14.9 percent in September, the Baltic country's statistics office said Wednesday. Monthly inflation in September was 1.1 percent, due to a jump in textile and education...

Lithuanian Minister of Defence assures that military counterintellligence is wide awake

Minister of Defence of Lithuania, Juozas Оlekas, has assured that the Lithuanian army is protected enough from such cases of espionage which was recently revealed in Estonia, daily Lietuvos Zinios reports. «Certainly, we, too,...

COMMENT: Global financial and economic weakness testing CEE

One year after the beginning of the international financial turmoil, high uncertainty and volatility persist at the global level, with no signs of abating. The 5-year credit default spread (CDS), though being a quite illiquid...

INTERVIEW: Maximus Capital targets gain without so much pain

By Guy Norton in Almaty bne A new boutique investment bank has been established to service clients in the Baltic states and the Commonwealth of Independent States (CIS) who are looking for moderate yielding, low volatility...

               

Subcategories

Latgale , Vidzeme