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

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  • IMF "concerned" at social costs of Latvia's spending cuts 25 Nov 2009 14:23 GMT
    ... on a multi-billion euro aid package for Latvia - currently suffering the European Union's deepest ... send a review mission to the troubled Baltic state soon in order to discuss a ... cent in 2009, worse even than neighbouring Lithuania and Estonia. (dpa) ...

  • Latvian central bank: economy will have contracted by total of 37 percent during recession 2 Dec 2009 13:37 GMT
    ... RIGA, Latvia (AP) - Latvia's central bank said Wednesday that its economy will have lost over a ...

  • UPDATE 1-EU, IMF welcome Latvia budget steps, mission to arrive 27 Nov 2009 11:14 GMT
    ... RIGA, Nov 27 (Reuters) - Latvia received praise on Friday from key lenders the European Commission and IMF for efforts to ...

  • Latvian lawmakers approve 2010 austerity budget amid angry protests 1 Dec 2009 20:56 GMT
    ... RIGA, Latvia (AP) - Latvian lawmakers approved an extremely unpopular budget for 2010 late Tuesday despite multiple ...

  • Latvia: recession will have cost 37 pct of economy 2 Dec 2009 13:34 GMT
    ... Latvia's central bank said Wednesday that its economy ... ($11 billion) bailout loan to stave off bankruptcy. Latvia's economy is expected to shrink by ...

  • Latvia approves stripped-down 2010 budget 1 Dec 2009 21:46 GMT
    ... Latvian lawmakers approved an extremely unpopular budget for ... of 2.3 million people from going into bankruptcy. To qualify for the loan, Latvia's center-right ...

  • EU's Almunia welcomes Latvian govt amendments to 2010 budget 27 Nov 2009 09:05 GMT
    ... BRUSSELS, Nov 27 (Reuters) - The European Commission ... - The European Commission welcomed on Friday Latvia's amendments to its 2010 budget that it ... and European Union, aimed at avoiding state bankruptcy and currency devaluation. The country, run by ...

  • Herman van Rompuy to visit Latvia as Belgian PM 24 Nov 2009 05:31 GMT
    ... Herman van Rompuy, recently elected the first European ... the first European Union president, will visit Latvia December 2 as incumbent Belgian prime minister, the ... an economic crisis, with many enterprises going bankrupt. The government has asked international financial organizations ...

  • financial megalopolis Dubai is bankrupt 28 Nov 2009 14:36 GMT
    ... Golfers in the shadow of Jumairah Island Towers ... the debt of economies like Greece and Lithuania spiked 16 percent and 6 percent, respectively, ...

  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... gross domestic product. The corresponding percentage in Latvia is 90 percent; in Estonia, 80 percent; ... private households has risen rapidly. In the Baltic states, it amounts to nearly 100 percent ... for the neighboring countries of Estonia and Lithuania have climbed significantly in recent weeks. It ...

  • The planes are back... 26 Nov 2009 00:58 GMT
    ... Nov 26, 2009 By Rokas M. Tracevskis DEAD BUT ... and giving technical assistance to other airlines. VILNIUS - This year Lithuanian airlines and airports were shaken by the ...

  • Will Dubai Debt Crisis Crack Uber Bullish Stock Market Sentiment? 29 Nov 2009 22:06 GMT
    ... equities, high-yielding corporate bonds, commodities and the Baltic Dry Index, while mature-market government debt, the US ... Ecuador (+4.3%), Kuwait (+3.4%), Kenya (+2.1%) and Estonia (+1.9%). At the bottom end of the ... akin to those experienced following Lehman Brothers’ bankruptcy are probably unlikely. However, the perception of ...

  • Eastern Europe to test the market system 26 Nov 2009 17:33 GMT
    ... 20 years ago. But, with unemployment and bankruptcies growing, the real test is still to ... more than 15 per cent in the Baltic states set against growth in Poland, albeit ... similarly varied. Governments fell in Hungary and Latvia but Donald Tusk, Poland’s prime minister, remains popular. ...

  • 'Europa Universalis III: In Nomine' - v3.2 Patch Available NOW 25 Nov 2009 16:42 GMT
    ... - Major trade nations are more likely to get ... will no longer gain inflation when going bankrupt to reduce cycles of constant bankruptcies. Scenario ... Added a new province for Holstein. - Lithuania is now Orthodox during the two years ...

  • On the Sovereign Debt Crisis and Debt Servicing Cost Mentality 2 Dec 2009 07:39 GMT
    ... Given the spate of articles in the business press ... we will likely see some major sovereign bankruptcies in the not too distant future. The ... The same was true in places like Latvia, Spain and Ireland – and to a ...


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