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Officials speak out on currency run

VILNIUS - Hundreds of people exchanged litas for other currencies over the weekend following fears o

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Bank of Estonia signs agreement with Swedish Central Bank

TALLINN - The Bank of Estonia has signed a precautionary agreement with Riksbank, the Swedish Centra

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PM: finance shortfalls break EU confidence

VILNIUS - The prime minister has said a lack of public confidence is one of the major problems in th

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Estonia passes negative budget

TALLINN - The Estonian president has signed off on a negative budget that allows for a loan of up to

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Lithuanian Cabinet to approve stimulus plan

VILNIUS - The Lithuanian Cabinet is set to approve an economic stimulus plan that will provide micro

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Rimsevics: devaluation not an option

RIGA - Bank of Latvia President Ilmars Rimsevics has said that a devaluation of the lat is not an op

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Government agrees on budget cuts

TALLINN - The Estonian government has come to an agreement on a package of budget cuts that will sla

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Government to face no-confidence vote

TALLINN - Silver Pukk, the Reform Party's head of public relations, has confirmed that a no-confiden

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Unemployment rates to bring mass budget shortfall

RIGA - The jobless rate in Latvia is continuing to rise amid stagnant economic growth, with expendit

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Swedbank forecasts unprecedented lows

TALLINN - Swedbank has rehashed its 2009 economic forecast for the Baltics, releasing figures that s

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