Posts Tagged Latvia
Eastern Europe..Submerging Markets?
Eastern Europe: On Crisis Watch
Mary Stokes | Feb 10, 2009 (www.rgemonitor.com)
There is no question that growth is deteriorating across Eastern Europe, but are these countries facing outright financial crises? Hungary and Latvia have already turned to the IMF for rescue packages, and other countries in the region exhibit similar vulnerabilities.
Ukraine Industrial Production
As we mentioned on the MBS, Ltd. Blog recently, the decline of Ukraine’s currency-the hryvnia- should impact exports, making steel more competitive in the global marketplace.
Changes in Ukrainian law allowing greater foreign investment in strategic industries will also help develop this crucial sector of the Ukrainian economy.
At the current time, industrial output is declining in [...]