Posts Tagged ‘ euro zone ’

Euros Hit The Latvian High Street

October 3, 2013
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Euros Hit The Latvian High Street

This week saw the start of Latvia’s dual pricing display. As of the 1st October all prices in shops in Latvia must be displayed in both euros and lats. Store receipts will also show both pricing of euros and lats, the currency conversion at the official lat-euro exchange rate of 1 euro per 0.702804...

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Euro Fever is to Strength the Baltic Region

January 13, 2012
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Euro Fever is to hit Lithuania. The government of Lithuania is still keen to take up the euro, the finance minister Ingrida Simonyte said, “I base my belief on the experience of Estonia and I definitely think that investors took the fact that Estonia is in the euro zone as a positive step despite...

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Fitch Ratings Approve Baltic States as Crisis Counsellors

August 26, 2011
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Fitch Ratings Approve Baltic States as Crisis Counsellors

Fitch Ratings most recent report entitled ‘The Euro Zone Crisis: Lessons from the Baltic States’ states that Greece, Portugal and Ireland could gain valuable lessons to improving their current economic problems by looking to the Baltic States. Fitch Ratings detailed that during 2008-09 Estonia, Latvia and Lithuania’s GDP contracted by 18%, but due to...

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Lean Thinking Estonia’s Fifteen Minute Creation for Trading

December 3, 2010
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Lean Thinking Estonia’s Fifteen Minute Creation for Trading

During a speech given at an Estonian-Austrian economic forum held at the Austrian Chamber of Commerce last week, Estonia’s President, Toomas Hendrik Ilves assured that Estonia is a good place to start a business due to current streamlinig of service systems. Estonian-Austrian Economic Forum: Estonia 15 Minute Trading Business. Presently most Estonian services including banking...

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