VILNIUS - The Lithuanian government has approved the 2009 draft budget due to be submitted to Parlia
RIGA - The Latvian finance minister increased the amount to which bank deposits are guaranteed from
TALLINN - The reality of Europe's economic situation sank in last week as Iceland's economy buckled,
RIGA - The Latvian government has adopted a 2009 budget that allows a deficit of 1.85 percent of gro
TALLINN - The ratings agency Fitch has downgraded the long-term foreign and local currency ratings,
RIGA - Retail sales dropped 4.6 percent in the first three quarters of 2008, according to figures th
RIGA - Wages are still spiraling out of control in Latvia, according to a study by the international
TALLINN - The 2009 draft state budget, received a flood of criticism from the Estonian press followi
RIGA - The Latvian Economists' Association has predicted that the country is in for a long-term rece
TALLINN - The Estonian government has finally agreed to a balanced 2009 budget after months of polit
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