breakingnews
23.02.2009, 02:18
The European G20 leaders met in Berlin on Sunday to form a co-ordinated plan on how to proceed with global financial reform ahead of the main G20 summit meeting in London in April.
22.02.2009, 10:55
1 comment
Residents of the Latvian city of Daugavpils have thrown shoes at a photo of the country’s parliament, the Saeima, in protest against the inefficient economic policy of the government and the local authorities.
25.02.2009, 15:53
Ukraine’s first president has accused the current one of deliberately running the country’s economy into the ground and called him to leave.
30.04.2010, 13:37
16 comments
Greece faces years of painful cuts to salaries in return for a multi-billion-dollar bailout from the International Monetary Fund and the EU. The Greek finance minister called it a “choice between collapse or salvation.”
18.10.2010, 09:09
4 comments
Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.
07.06.2010, 09:58
5 comments
Latvian President Valdis Zatlers believes that the biggest task towards stabilization of the economy and Latvian financial system is complete, but the goal to recover and get back to growth has not been achieved yet.
27.07.2010, 06:57
1 comment
The financial crisis has especially hit a new member of EU, resulting in 8 percent of Latvians registered below the poverty line. Once enjoying a record breaking economic boom, it now relies on IMF loans to survive.
18.06.2009, 21:21
1 comment
Teachers’ wages have been halved and pensions slashed by 10%. This week’s astonishing reduction in public spending is likely to be repeated and protesters have vowed to protect the country's vital services.
24.07.2010, 08:02
8 comments
Gender stereotypes die hard in Estonia leaving women far behind their male counterparts when it comes to paychecks. And when it collides with the ethnic dimension, Russian women find themselves at the bottom of the list.
05.06.2009, 16:52
7 comments
Radical and other ultra-right nationalist and xenophobic parties have a good chance of winning seats in the European parliamentary elections that kicked off Thursday, and will continue until Sunday throughout Europe.
Published: 02 March, 2009, 10:35
The European Union has rejected a 190 billion euro bailout for Central and Eastern European members in deep economic crises. Now the prospects for Eastern Europe are gloomy at best.
RT writes, "The Baltic States will find it hardest to recover, with their hopes for help from their western neighbours fading." Everyone, including Russia, will find it hard to recover. However, on the basis of my reading of Estonian press and media, and of general Western media about Estonia, the above quote from RT seem to me to represent Moscow's wishful thinking more than realities on the ground.