Date: 07.02.2010.

International Internet Magazine. Baltic States news & analyticsMonday, 06.09.2010, 11:25

State to pour in additional LVL 100 mln into Parex

State to pour in additional LVL 100 mln into Parex

07.02.2010

The state intends to pour in an additional LVL 100 million into Parex banka, LETA was informed by the head of the Finance Ministry's communications department Baiba Melnace.

Keyword tags: Banks, Financial Services, Investments, Latvia



SEB: Estonia's business is well-adapted to crisis

SEB: Estonia's business is well-adapted to crisis

07.02.2010

In spite of the devastating effect that the ongoing economic crisis is having on businesses, private sector in Estonia has adapted well to the crisis, SEB analyst Hardo Pajula was quoted as saying by LETA/BBN. According to Pajula, current situation is complicated, therefore it makes no sense to blame banks for problems.


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