Parts: Likeliness of joining euro is 70 pct
Oct 2, 2009 Baltics
Juhan Parts, the Minister of Economic Affairs and Communications said that Estonia has 70% probability of fulfilling the Maastricht criteriaTags: Economic Affairs, Estonia, Euro Parts, Juhan Parts, Maastricht Criteria, Pct, Probability
Borg: Latvian political signs are worrying
Oct 2, 2009 Baltics
sh Finance Minister Anders Borg said political signals from Latvia are “worrying” and it is “very important” for the Baltic government to fulfill agreements it signed for an international aid packa...Tags: Borg, Finance Minister, Latvia, Political Signs, Signals
Estonia’s Institute of Economic Research forecasts growth for 2010
Oct 2, 2009 Baltics
Specialists say that Estonia’s economy will stabilize in second half-year, but there’s no reason for overly optimism, according to a research by Estonia’s Institute of Economic Research (EKI).Tags: Economic Forecasts, Economic Growth, Economic Research, Economy, Estonia, Half Year, Optimism, Reason
Capital Economics: Latvia probably will devalue currency
Oct 2, 2009 Baltics
Latvia will probably devalue its currency in the next year since the government may not be able to continue cutting spending in line with its international program, Capital Economics Ltd. said in r...Tags: Currency, International Economics, International Program, Latvia, Research Note
Bauhaus got cornerstone
Oct 2, 2009 Baltics
Today Estonia’s biggest construction material store Bauhaus, which will be located to Lasnamäe, Tähesaju tee 10, got cornerstone, Raepress writes.Tags: Bauhaus, Construction Material, Cornerstone, Estonia, Material Store
European Court didn’t reduce sugar fine
Oct 2, 2009 Baltics
European Court decided that the amount of allowed sugar was fairly assessed and Estonia’s sugar fine remains unchanged, ERR News reports.Tags: Court Decided That, Estonia, European Court, News Reports
Audit Office publishes report on “Parex banka” takeover deal
Oct 2, 2009 Baltics
LETA has the full text of the State Audit Office's report on the "Parex banka" bailout deal.Tags: Bailout, Leta, Parex Banka, State Audit Office, Takeover Deal
Estonia’s apartment prices fall to lowest level in five years
Oct 2, 2009 Baltics
Estonian apartment prices fell to the lowest level in five years in the third quarter as rising unemployment and declining wages forced more people to sell their housing, Bloomberg reports.Tags: Apartment Prices, Estonia, People, Unemployment, Wages
Moody’s outlook for Baltic banking systems remains negative
Oct 2, 2009 Baltics
Moody's negative outlook for the Baltic countries' banking systems expresses the rating agency's view on the likely future direction of fundamental credit conditions in the industry over the next 1...Efficiency and cost-saving through cross-border mergers
Oct 2, 2009 Baltics
Equipped with legal advice provided by Sorainen’s pan-Baltic law offices, the insurance company If resorted to a cross-border merger by merging its subsidiaries in Estonia, Latvia, and Lithuania in...Tags: Baltic States, Cross Border Mergers, Ec, Efficiency, Estonia Latvia, Europe, European Union, Financial Institution, Insurance, Insurance Company, Karin, Law Offices, Legal Advice, Legal Person, Lithuania, Madisson, Merger, Senior Associate, Subsidiaries, Union Cross
