Latvia
Foreign lenders pledge support to Latvia
Four biggest foreign-owned banks in Baltic state agree to prop up branches and subsidiaries
IMF says yes to second Latvia loan
International Monetary Fund gives Latvia a second pay-out under the economic programme set up in December
S&P downgrades Latvia, Estonia
Latvia’s and Estonia’s long-term sovereign ratings downgraded, Lithuanian rating’s outlook put on negative watch
Will Dr. Gloom and Dr. Doom’s Next Domino Fall?
The current plight of Latvia and its Baltic neighbours is far different from Argentina’s in the early part of this decade
Realign lats: ex-Argentine chief economist
A former chief economist at the Central Bank of Argentina has claimed that the best strategy for Riga to pursue would be a contained devaluation of the lats.
Latvia buys euros for first time since November
The Bank of Latvia bought euros for the first time in seven months last week after the lats gained on hopes that Riga would not have to devalue the currency.
Trade spillovers hit Baltics most
Trade channels dominate the transmission of cross-border spillovers to the Baltic States, a new paper from the International Monetary Fund reveals.
Lithuania's Sarkinas parries currency concerns
Reinoldijus Sarkinas, the governor of Bank of Lithuania, has said that the country's economy is on a much sounder footing than Latvia in an attempt to soothe fears that a devaluation by its Baltic neighbour would threaten regional stability.
CEE central banks' reaction mixed on Latvia
The views of officials from other Central and Eastern European central banks on this week's escalation of Latvia's currency crisis are mixed.
Latvia under intensified devaluation pressure
The Bank of Latvia on Thursday issued a strongly-worded statement defending the lats after the Baltic state's currency crisis intensified on Wednesday following a failed government auction.
Latvia PM dismisses devaluation advice
Latvia's prime minister has parried claims by a former governor of the Riksbank that the lats will need to be devalued in the near future.
Latvia allays devaluation fears
Einars Repse, Latvia's finance minister and a former governor of the Bank of Latvia, on 29 May reinforced comments by Ilmars Rimsevics, the governor, that the country was not facing a currency devaluation.
Bank of Latvia - Annual Report 2008
For the Latvian economy, 2008 was a year of radical change, said Ilmars Rimsevics, the governor of the country's central bank in its latest Annual Report.
Latvia cuts to 4%
The Bank of Latvia cut its key rate by a full percentage point on Thursday in a bid to limit the scale of its economic contraction.
Riksbank upgrades Latvian swap line
The Riksbank has extended its swap line with the Bank of Latvia and raised the amount on offer to €500m ($675m).
IMF to revise figures on worsening outlook: DSK
The economic crisis is deepening and the International Monetary Fund (IMF) will lower its growth estimates as a result, Dominique Strauss-Kahn, the managing director at the Fund, has said.
We should have warned Europe more: IMF's Belka
The head of the International Monetary Fund's European department has acknowledged the Fund failed to adequately warn European states of the risks from the fallout of the financial crisis.
Latvia breached euro budget rules - central bank
Latvia's fiscal deficit for 2008 was in excess of the 3% Maastricht criterion for euro entry, the Bank of Latvia has said, taking issue with the government's figure of 2.8%.
Swedes and Danes offer €500m swap to Latvia
The Danish and Swedish central banks offered swap lines worth half a billion euros to Latvia's central bank on Tuesday.
Latvia looks to IMF and EU for support
Riga on Thursday said that it would seek aid from the European Union (EU) and International Monetary Fund (IMF) in a bid to stave off a financial meltdown.
Bank of Latvia - Annual Report 2007
Ilmars Rimsevics, the governor of the Bank of Latvia, praised Riga for implementing inflation-curbing measures, in the central bank's latest Annual Report.
Latvia feels the turmoil
The Latvian economy shows increased signs of a deceleration, said Ilmars Rimsevics, the governor of the Bank of Latvia.
Estonia dismisses currency claims
The Bank of Estonia on Monday denied rumours that it was set to devalue the kroon, which is pegged to the euro.
Poland set to join ERM II in 2009, says Skrzypek
Slawomir Skrzypek, the governor of the National Bank of Poland, said the country looked likely to join the pre-euro exchange rate mechanism, ERM II, in 2009.