International Internet Magazine. Baltic States news & analyticsMonday, 06.09.2010, 12:21
It’s the Economy...
06.09.2010Back in 1992, Bill Clinton won the U.S. presidential election because his top campaign advisor James Carville made everyone in the Clinton campaign repeat one sentence every morning when they woke up: “It’s the economy, stupid”. This was an internal campaign theme intended to remind everyone that the number one priority of the election and the country was the economy, and how to make it better.
Keyword tags: Analytics, Economics, Interview, Latvia
Fitch Ratings upgrades Latvia's rating outlook
04.09.2010Latvia's finance minister said on Friday ratings agency Fitch had upgraded the Baltic country's rating outlook to stable from negative due to improved financial and economic conditions.
Finance Ministry: Latvian economy back on track
03.09.2010Guided by prudent forecasts and detailed analysis in its budget preparation for 2010, the Latvian Finance Ministry believes now that the economic downturn has been stopped, returning Latvia to a path of growth, informed BC the Latvian Institute.
European People's Party group leader praises Dombrovskis for leading Latvia out of crisis
03.09.2010Joseph Daul, Chairman of the European People's Party (EPP) Group in the European Parliament (EP), has a high opinion of Prime Minister Valdis Dombrovskis (New Era) and the entire Latvia because, thanks to the ongoing reforms, Latvia is now on the right track, and a step ahead of other European Union member states, Daul said.
Current account surplus in Latvia contracts to 6% of GDP in Q2
03.09.2010The surplus in the current account of Latvia's balance of payments contracted in the second quarter to 6% of gross domestic product, the Bank of Latvia press secretary Martins Gravitis informed the business portal Nozare.lv. The current account surplus amounted to LVL 183.8 million or 6% of GDP in the second quarter. In the first quarter, the current account surplus stood at 8.6% of GDP.
Trichet is satisfied with Estonia’s preparations for euro adoption
President of the European Central Bank Jean-Claude Trichet stated in Frankfurt on Thursday that he is satisfied with Estonia’s preparations for the adoption of the euro, writes LETA/Äripäev.ee.
Estonia and Lithuania registered GDP growth in Q2, whilst Latvia a decrease
Latvia's gross domestic product fell by 3.9% in the second quarter of the year 2010 as compared with the second quarter of 2009, which was the largest decrease among all the European Union member states, according to the latest Eurostat data. Estonia's GDP increased by 3.5% during the second quarter, whilst Lithuania's increased by 1.4%.
Updating the Nordic-Baltic cooperation 
