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Consumers' buying power, expectations

RIGA - Retail sales have continued to fall in Latvia as consumers become thriftier and their wild op

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Estonia cuts budget expenditures by over 3 percent

Estonia's government has slashed spending by 3 billion kroons (192 million euros), or 3.2 percent of

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Nordea warns of Latvia's vulnerabilities

Nordea Bank has warned that negative global trends on the energy and commodity markets are likely to

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Kirkilas: Lithuania's economy is not in crisis

VILNIUS - Prime Minister Gediminas Kirkilas has insisted that Lithuania is not experiencing an econo

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Deficits, demand dropping, depression

RIGA's Estonia and Latvia are exhibiting the most pronounced economic slowdowns inthe whole

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Partners disagree over income tax reduction

TALLINN - A rift has formed in Estonia's ruling coalition over whether to reduce income taxes, a key

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Official: Lithuanian inflation should be lower

VILNIUS - A central bank official has said that Lithuania's inflation, currently the third highest i

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GE Money to launch bank operations soon

RIGA - GE Money, a personal finance service provider, has said that it would begin banking operation

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Ross talks up stabilization

TALLINN -- Marten Ross, deputy governor of the Bank of Estonia (Eesti Pank),  took the opportun

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Estonian economy "cooling faster than expected"

TALLINN 's In its latest economic assessment, the Bank ofEstonia has fallen into line with wh

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