RECENT NEWS
New York Times  Oct 27  Comment 
A Swedish mobile phone operator acknowledged Tuesday it was behind an elaborate meteorite hoax in Latvia.
FX Street  Oct 23  Comment 
Baltic worries unlikely to disappear Recently worries over the situation in Latvia have resurfaced and they seem to be on the minds of investors as a possible “game spoiler” for the CEE markets. Yesterday Latvian Finance Minister Einars Repse...
New York Times  Oct 23  Comment 
Two competing groups say they plan to begin the expensive application process for creating a .gay Internet domain suffix, similar to existing domains like .com and .edu.
Sydney Morning Herald  Oct 22  Comment 
Cash-strapped Latvia is mulling whether to replace brand name office software like Microsoft with an open source equivalent as a cost-cutting measure, a government spokeswoman told AFP Thursday.
Bloomberg  Oct 21  Comment 
(Update1) Latvia is poised to devalue its currency at least 15 percent by the end of 2010 to boost exports and cut the budget gap as the economy contracts at the fastest pace in more than a decade, RBC Capital Markets and Barclays Capital say.
Financial Times  Oct 20  Comment 
The biggest lender in the Baltic states said the pace of growth in bad loans was slowing despite reporting a third consecutive quarter of heavy losses
guardian.co.uk  Oct 15  Comment 
Eastern Europe remains vulnerable to banking crises The countries of central and eastern Europe will enjoy only a "fragile and patchy" economic recovery in 2010 and the region remains vulnerable to the sort of banking crises that hit Latvia...
Bloomberg  Oct 14  Comment 
Latvia’s government needs to pass next year’s state budget to avoid a “negative reaction” from markets, European Union Monetary Affairs Commissioner Joaquin Almunia said.
FX Street  Oct 13  Comment 
Last night, it was announced that the leader of the Latvian People’s Party, Mareks Seglins, is to resign. The People’s Party is the largest party in the Latvian coalition government. Former prime minister, Andris Skele, who has not been...
Wall Street Journal  Oct 13  Comment 
Latvia's coalition government agreed to find the spending cuts required by international lenders to keep rescue aid flowing to the crisis-struck Baltic country.
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