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Estonian government adopts excise-heavy budget for 2005

TALLINN - The government on Sept. 16 endorsed the budget for 2005 and sent it to Parliament for deba

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Trade deficit up in Lithuania

VILNIUS - Lithuania's exports grew by 16.8 percent in the first seven months of the year compared wi

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Cutting red tape for businesses

THE HAGUE/TALLINN - At the Ecofin meeting of European Union finance ministers in The Hague over the

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Banker: Europe's welfare society at risk

TALLINN - A crisis lies ahead for the European welfare society unless a thorough reform of the socia

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Bank of Latvia: inflation might delay introduction of euro

RIGA - Bank of Latvia officials sounded alarm bells last week when they stated that the country's re

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Banks have room to grow

RIGA - Baltic banks still have major growth potential in lending, as they possess a low ratio of dom

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Current account up

RIGA - Latvian analysts said this week that the rapid rise in imports would push the country's curre

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Bildt: Estonia's magic date is 2020

TALLINN - Former Swedish Prime Minister Carl Bildt said he believed that Estonia might reach the ave

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Kallas downplays stability pact proposals

RIGA - The European Commission, the EU's executive branch, has proposed changes to the Growth and St

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Intervention a no-show

TALLINN - Estonia's first attempt to support the agriculture sector through the EU intervention syst

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