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Baltic stock prices inch up despite world trends

Developments on the Baltic states' stock market last week bucked world market trends for the second

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Moody's downgrades Ericsson's ratings

The international credit-rating agency Moody's said on June 17 it had downgraded the long- and short

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Official calls for pollution quotas sale

Estonia's state-owned energy company Eesti Energia should sell a portion of the country's air pollut

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Belarus in the red

Belarus' declining economy and falling revenues caused a $160 million deficit in the isolated state'

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Exec shakeup at Ventspils Nafta

The chairman of the oil company Ventspils Nafta, Olafs Berkis, reportedly resigned earlier this mont

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Finnish Fortum slashes jobs

The Finnish energy group Fortum, in which the Finnish government owns a 61 percent stake, said on Ju

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OPEC lobbies for crude export drop

The OPEC oil cartel said on June 18 it hoped to convince key rival Russia to continue to cooperate i

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Russia shifts focus from oil to timber

The Russian government turned its attention from oil to timber on June 18 as Prime Minister Mikhail

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Finnish government gets failing grade on employment

The Finnish government came under renewed attack on June 18 from experts over its persistently high

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IMF-Latvia ink budget deal

The Latvian government has accepted a new economic policy memorandum with the International Monetary

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