The crisis started in Thailand with the collapse of the Thai currency and soon spread to other major economies in the region. Among them, Indonesia, South Korea and Thailand were the countries most affected by the crisis and eventually the International Monetary Fund stepped in to initiate a 58....

This title, if slightly paraphrased, would be tailor-made to draw attention to the adventures of liberalism in Central Europe. In fact, we have to draw a strict dividing line here, between Eastern European and Central European politics. Otherwise, we will be at the peril of missing the main po...

The agency says that the negative pressure arises from the fact that deposits are the main funding source for Latvian banks, particularly for banks that lack parental funding; and the rating agency’s view that non-resident deposits (currently 49 percent of total deposits at the end of 2012...

in Lithuania this year to support expansion in Central and Eastern Europe, reports Bloomberg. The Baltic plant is “geared to increasing sales in Russia, Ukraine and the whole of the European Union,” Kinze Vice President Susanne Veatch said on May 7 in a joint statement e-mailed by...

As their major argument, banks indicate growing competition and improving risk assessments. “The softening of lending conditions for enterprises was mostly impacted by increasing competitive pressure in the banking market and expectations for the future of Lithuania’s economy, impro...