Are Baltic Devaluations Now In The Works?
Manuel Alvarez-Rivera (November 24th, 2008) Writes:
Now this is a very interesting question, isn't it? The only honest answer I can give is that I don't know, and indeed I haven't the faintest idea. The government of Latvia (the Baltic state which is currently most rife with "rumours" about imminent devaluations) works in its own wondrous ways, and neither we (nor Latvia's citizens) have any idea at all how they plan to lift their country out of the deepest depression they have experienced in many a long year.br /br /a href="http://4.bp.blogspot.com/_ngczZkrw340/SRQ9-7COE2I/AAAAAAAALWc/3VxjefQe-0s/s1600-h/latvia+GDP.png"img id="BLOGGER_PHOTO_ID_5265902015511139170" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 320px; CURSOR: hand; HEIGHT: 200px; TEXT-ALIGN: center" alt="" src="http://4.bp.blogspot.com/_ngczZkrw340/SRQ9-7COE2I/AAAAAAAALWc/3VxjefQe-0s/s320/latvia+GDP.png" border="0" //abr /br /What I do know is that, economically speaking,the present situation is simply unsustainable, and something is going to have to be done. Indeed the country's government is in talks with both the IMF and the EU Commission about this very topic as I write. My ...
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.br /br /blockquoteThe police;, Anete Kalnina;, Baltic states, Baltics, Bank, Bank Of America, Banking, Bulgaria, David Hauner;, Depression, Dmitrijs Smirnovs;, Eastern Europe, eastern europe economy watch, Economics, EU Commission, Europe, European Union, google, International Monetary Fund, Karlis Bumeistars;, Kauppalehti;, Kristine Apse-Krumina;, Latvia, Latvian government, Latvian Security Police;, Latvian State Police;, local newspaper, manager Anete Kalnina;, online newspaper;, pop group;, Putnu;, Real Estate, Riga, Soviet Union, State Security Police;, telephone hot line;, United States, Valters Fridenbergs;, Ventas Balss;, Ventspils University College;
.br /br /blockquoteThe police;, Anete Kalnina;, Baltic states, Baltics, Bank, Bank Of America, Banking, Bulgaria, David Hauner;, Depression, Dmitrijs Smirnovs;, Eastern Europe, eastern europe economy watch, Economics, EU Commission, Europe, European Union, google, International Monetary Fund, Karlis Bumeistars;, Kauppalehti;, Kristine Apse-Krumina;, Latvia, Latvian government, Latvian Security Police;, Latvian State Police;, local newspaper, manager Anete Kalnina;, online newspaper;, pop group;, Putnu;, Real Estate, Riga, Soviet Union, State Security Police;, telephone hot line;, United States, Valters Fridenbergs;, Ventas Balss;, Ventspils University College;


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