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News from Latvia, Estonia and Lithuania




NEWS

Personal debt begins to bite

Apr 16, 2008
By Marge Tubalkain-Trell

Tallinn - The  fallout over the credit crunch continued as it was  revealed that personal debt in Estonia has reached new levels. A survey by Faktum & Ariko  showed that 6 percent of people had significant problems repaying their loans. This means about 60,000 people are having serious debt difficulties, a staggering amount in a country of only 1.4 million people. The survey also revealed that half of all women and third of all men had some debt difficulties, Eesti Paevaleht ...


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