Latvia Is Back In The News, And Expect More To Come
Dec 24, 2009 Europe, Latvia, Latvia: In English
The Latvian government is getting nervous about the level of lending coming from Swedish banks. According to the Financial Times, "Latvia’s prime minister has warned Swedish banks they risk choking off recovery ...Tags: Bad Decisions, Bad Loans, Baltic State, Base Money, Credit Bubble, Economy, European Union, Financial Times, Households, Latvian Authorities, Latvian Government, Latvian Market, M1, Prime Minister, Problematic Issue, Recession, Seb, Swedbank, Swedish Banks, Unpleasant Consequences
Latvian market rates record high
Jun 12, 2009 Estonia, Estonia: In English, Europe
Latvian money market rates rose to records today as a lack of liquidity intensified and as the central bank removes lati from the market to defend the country’s currency peg, Bloomberg reports.Tags: Bloomberg, Currency Peg, Latvian Market, Liquidity, Money Market Rates, Money Rates, Rose
Rimsevics: foreign banks are not planning to leave Latvia
Swedish and other foreign banks represented in Latvia are not planning to withdraw from the Latvian market, as the Bank of Latvia President Ilmars Rimsevics said in an interview to the Kapitals magazine.Tags: Foreign Banks, Interview Magazine, Latvia, Latvian Market
Estonian companies see plenty of room for expansion in Latvia
Various Estonian companies operating in Latvia see plenty of room for expansion on the Latvian market, BBN/LETA wrote.Tags: Bbn, Estonian Companies, Latvia, Latvian Market, Leta, Operating Room
