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Coalition criticized for sharp tax hike

TALLINN - The Estonian government has come under heavy criticism from business leaders for increasin

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Lithuania issues 500 million euro bond

VILNIUS - Lithuania has raised 500 million euros in a Eurobond issue that matures in 2014 in an effo

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Estonian euro adoption on track

TALLINN - As the Estonian economy begins to stabilize, the government has affirmed its target to ado

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Devaluation fears surface as Latvia crisis deepens

RIGA - Speculation that Latvia may be forced to devalue its currency intensified after it emerged th

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Lithuania defends currency

VILNIUS - Lithuanians have begun another run on the litas, changing their savings into euros in fear

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New data reveals larger GDP drop

VILNIUS - A data revision has revealed Lithuania's economy shrank by more than previously thought in

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Swedish banks here to stay

RIGA - SEB bank has announced plans to consolidate its operations in the Baltics within a single div

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Industrial output plummets in April

VILNIUS -Lithuania's industrial output contracted 25.5 percent year-on-year in April, fas Industrial

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Ansip fights for conservative budget

TALLINN - Prime Minister Andrus Ansip has urged the ruling coalition to adhere to a conservative bud

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IMF urges continued cuts

TALLINN - The International Monetary Fund has said that Estonia should consider "all options" to con

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