NEWS
Nordea rubs in the bad news
Tallinn - A recent Nordea Bank AP report sees more trouble ahead for Latvia and Estonia, predicting two years of economic contraction for the countries. It goes on to warn that private consumption will be hit hard as a weakening housing market and high rates of inflation erode purchasing power. The Estonian economy started to cool down last year in step with the easing of the domestic credit boom. “Private consumption is expected to decline this year. We also expect investment to fall marked ...| 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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Latvian budget adopted with deficit New government to raise taxes Latvia passes budget with deficit New PM to slash spending Estonia looks to euro as economy lurches Government liquidates secretariat EC: Estonian economy to drop 1.3 percent Lithuania to face ‘painful reality’ Vilnius at the back of the pack Bankers cautious despite good results 
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