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| Latvia needs no more anti-inflation steps |
Date posted: 17.03.2008 |
RIGA: Latvia's economy is slowing and no further particular measures are needed to dampen inflation, the country's finance minister was quoted on Friday as saying. |
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| Market Has Long Way To Go |
Date posted: 01.11.2007 |
| Latvia does not yet present a great location for long term property investment, according to specialists. |
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| 2013 Target for Euro |
Date posted: 26.10.2007 |
Governor of the bank of Latvia Ilmars Rimsevics has identified 2013 as the new target date for the switchover from the lats to the euro.
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| Soft Landing Ahead |
Date posted: 16.10.2007 |
| Latvia's anti-inflation plan is working and the overheated economy is not facing a "hard landing", Oskars Spurdzins, finance minister, told the Financial Times. |
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| Inflation Up Again |
Date posted: 10.10.2007 |
| Consumer prices soared in September throughout the Baltic region, surpassing analysts’ expectations and sparking new fears of macroeconomic imbalances that could eventually lead to hard times. |
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| Inflation Tops 10% |
Date posted: 10.09.2007 |
| Inflation in Latvia continued to soar in August, reaching an annual rate of 10.1 percent, the Baltic state's statistics agency said Monday. |
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| Banks Unhappy with Government Spending |
Date posted: 06.09.2007 |
| Latvian government was not doing enough to curb its own spending to control the record-level inflation, experts from the banking industry said on Thursday. |
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| Most At Risk To Liquidity Crisis |
Date posted: 04.09.2007 |
| Latvia , Iceland, Bulgaria and Turkey could be among the most hurt if global risk aversion and tight liquidity continue, according to a Standard & Poor's ranking of 15 countries from Eastern Europe, the Middle East and Africa. |
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| No Loan Crisis in Latvia |
Date posted: 29.08.2007 |
| The US sub-prime risk does not threaten the Baltic state’s mortgage market, which continued to grow at a fantastic pace during the first half of 2007. |
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| Fitch Downgrades Credit Rating |
Date posted: 17.08.2007 |
| Latvia’s long-term sovereign rating was cut to BBB+ from A- by Fitch Rating Service on Friday. |
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| Ober-Haus Disputes `Bursting Bubble` |
Date posted: 15.08.2007 |
| The Marketing Manager of leading Baltic realtor, Ober-Haus, disputes a recent report from Danske Bank predicting the imminent collapse of property prices in the Baltic States. |
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| Even 2012 Optimistic for Euro |
Date posted: 15.08.2007 |
| Latvia will not be able to join the common European currency until 2012 - and even that is optimistic, Latvian Prime Minister Aigars Kalvitis said on Wednesday. |
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| Inflation At 10-Year High (Again) |
Date posted: 08.08.2007 |
| Annual inflation in Latvia jumped to 9.5 per cent, the highest figure in the last 10 years, the Latvian Statistics Bureau announced Wednesday. |
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| Baltic Prices Have Peaked |
Date posted: 08.08.2007 |
| After three years of stellar growth in property prices, evidence shows that prices in Estonia and Latvia are now starting to fall, with Lithuanian prices static. |
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| House Prices Tumble |
Date posted: 02.08.2007 |
| House prices have fallen in the Greater Riga area by 3.5% in June following a 1% fall in May, says Latvian real estate agent Latio. |
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| Prices Start to Fall |
Date posted: 01.08.2007 |
| Reports from Latio now indicate that house prices have begun to fall in the Greater Riga area - down 3.5% in June. |
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| Bank Chief Confident on Economy |
Date posted: 13.07.2007 |
| Latvia's economy - the fastest growing in the European Union - will stabilize and survive the storm unscathed, Latvia's central bank chief said Friday. |
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| Buyers More Interested in Suburban Houses |
Date posted: 11.07.2007 |
| Across all three of the Baltic States, higher-income families are opting for suburban houses instead of apartment blocks. |
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| Worrying About A Crash |
Date posted: 05.07.2007 |
| Fears are growing that Latvia's fast-track economic growth is in danger of coming to a nasty end, according to The Economist |
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| Prices Fall 3-5% in June |
Date posted: 03.07.2007 |
| Real estate company Latio informs that apartment prices in Riga have decreased by 3.5% in June. |
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| Baltics Heading For Slowdown? |
Date posted: 14.06.2007 |
| Property prices have risen faster in the Baltic States than anywhere else in Europe over the past few years. But now they are close to the levels in Stockholm, Helsinki and Copenhagen. |
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| Latvia Still #1 |
Date posted: 08.06.2007 |
| Latvia is still the top property investment location for house price growth, new research shows. |
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| Inflation 8.2% for May |
Date posted: 08.06.2007 |
Latvian May CPI +0.6% On Month, +8.2% On Year
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| Baltic States Are Booming |
Date posted: 06.06.2007 |
| Baltic states such as Latvia, Slovakia, Estonia and Romania are all enjoying property growth, claims a leading real estate company. |
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| No Euro Before 2012 |
Date posted: 01.06.2007 |
| Latvia will not be ready to adopt the euro until 2012, and possibly even as late as 2013, because inflation in the Baltic country remains stubbornly high. |
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| Latvia #1: Knight Frank |
Date posted: 29.05.2007 |
| Knight Frank found that Latvia is the country with the strongest house price growth of 61.2%: 1,600 transactions took place on apartments in Riga alone in January. |
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| Latvia Fears Bank Crisis |
Date posted: 18.05.2007 |
| Investors are nervously watching Latvia for signs that unsustainable credit growth across Eastern Europe could set off an Asian-style banking crisis. |
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| Property Transactions Down |
Date posted: 16.05.2007 |
| The number of transactions with standard-design apartments has decreased considerably in recent months reports bank analyst. |
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| Nordea Bank Analysis |
Date posted: 23.04.2007 |
Record-strong growth spills over into overheating and devaluation fears reports Nordea, one of the biggest banks in Northern Europe.
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| Latvian Inflation Fears |
Date posted: 11.04.2007 |
| Annual inflation in Latvia in March jumped to 8.5 per cent, the highest figure in a decade. |
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