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Baltic States Banking News. Service for global professionals. Constantly updated news and information about Baltic States Banking.
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Latest Baltic States Banking News

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  • Latvia c.bank buys 105 mln euros, sell lats 7 Dec 2009 09:24 GMT
    ... RIGA, Dec 7 (Reuters) - Latvia's central bank said on Monday it bought 105 million euros ($156.2 million) and sold ...

  • WRAPUP 1-Latvian, Estonian Q3 GDPs plunge, worst could be over 9 Dec 2009 15:51 GMT
    ... Dec 9 (Reuters) - The economies of Latvia and Estonia shrank more than originally thought ... picking up. However, any recovery in the Baltic region, the worst hit in the European ... the statistics offices of both countries said. Lithuania has earlier said its economy contracted 14.2 ...

  • EU Ready to Bailout Greece; Debt Downgrades in Baltic States; Can Euroland Even Survive? 10 Dec 2009 08:16 GMT
    ... Ready to Bailout Greece; Debt Downgrades in Baltic States; Can Euroland Even Survive? Euro bulls ... the implosion of Eastern European debt in Lithuania and Latvia. Some are even wondering about the prospects ...

  • UPDATE 2-Price deflation picks up steam in Latvia 8 Dec 2009 15:14 GMT
    ... RIGA, Dec 8 (Reuters) - Latvian consumer prices fell by a record 1.2 ... down from 5.5 percent in October. Fellow Baltic states Estonia and Lithuania are also keeping fixed peg currencies during ...

  • The Baltic misery needs a solution 10 Dec 2009 12:30 GMT
    ... turned into another global Great Depression. The Baltic situation, however, is very gloomy. After losing ... of GDP in the last two years, Latvia and Lithuania are still expected to contract by an ...

  • Latvian Commercial Banks provided an overview of the credit market in Latvia 10 Dec 2009 15:45 GMT
    ... International Internet Magazine. Baltic States news & analytics Latvian Commercial Banks provided an overview of the credit market in Latvia On Wednesday, December 9, the ...

  • Market of mass-produced apartments of Riga has grown approximately on 2% in November 14 Dec 2009 08:47 GMT
    ... International Internet Magazine. Baltic States news & analytics Market of mass-produced ... & analytics Market of mass-produced apartments of Riga has grown approximately on 2% in November ... overall trend in the property market in Latvia has not changed – the prices have remained ...

  • Latvia c.bank hopes 2011 budget cuts won't be so deep - report 14 Dec 2009 10:16 GMT
    ... RIGA, Dec 14 (Reuters) - Latvia's central bank hopes future government budget cuts ... Monetary Fund and European Commission. The small Baltic state's economy is forecast to contract by ...

  • Europe: Baltic States Risk Debt Meltdown 11 Dec 2009 13:52 GMT
    ... about sovereign debt has spread to the Baltic nations, with the European Central Bank saying ... report obtained by Bloomberg, the ECB said Latvia, Lithuania and Estonia must adopt stricter fiscal policy. ...

  • Ilmars Rimsevics: economic situation in Latvia will improve in 2010 14 Dec 2009 12:23 GMT
    ... Although next year's budget plan is based on ... by 4% next year, the Bank of Latvia estimates show that the actual GDP fall will ... down the economy, as it was in Estonia. When the financial crisis reached Latvia, then, ...

  • Currency in circulation fell by 19.3 mln litas in November 14 Dec 2009 14:10 GMT
    ... International Internet Magazine. Baltic States news & analytics Currency in circulation ... 2009, external assets and external liabilities of the Bank of Lithuania went down 1.3 billion litas (376.3 million ...

  • Estonian Finance minister Ligi: secret ECB document was an unpleasant surprise 10 Dec 2009 18:16 GMT
    ... in itself is no surprise in any Baltic state, the issue is about decisiveness of actions,” ... States today. cite don Thursday an European Central Bank secret report dated November 17 that says that central banks of countries aspiring to get the euro should ...

  • Deflation keeps Estonia on track for euro adoption 7 Dec 2009 12:30 GMT
    ... Tallinn - Consumer prices in Estonia dipped for a seventh straight month in November, ... according to figures released Monday, meaning the Baltic state and European Union member remains on track ... Martin Lindpere, an economist with the Estonian central bank, said the downward trend meant Estonia was ...

  • Official reserve assets of Bank of Lithuania decreased by 6.2% in November 8 Dec 2009 10:51 GMT
    ... International Internet Magazine. Baltic States news & analytics Official reserve assets ... analytics Official reserve assets of Bank of Lithuania decreased by 6.2% in November Official reserve ... 6.2% in November Official reserve assets of the Bank of Lithuania went down in November 2009 ...

  • TAKE-A-LOOK: US stocks end up, dollar down despite credit woes 9 Dec 2009 23:53 GMT
    ... The U.S. dollar's three day rally stalled on Wednesday, ... action on debt under peer pressure > Latvian, Estonian Q3 GDPs plunge, but worst could be ...


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