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IMF report: risk of hard-landing
TALLINN - The risk of a drastic economic downturn has increased in the Baltic states as a result of the expanding global financial crunch, the International Monetary Fund wrote in its latest Global Financial Stability Report. Liquidity problems in major international banks could pose a threat to the group of Scandinavian banks that have invested heavily in the Baltic markets, the report said. “A soft landing in the Baltic states and southeastern Europe might be jeopardized if external financi ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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