Lithuania Slumps

Posted by admin on July 29, 2009 in credit crunch, depression, eu economy, european economy, european union, recession | Short Link
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This blog recently highlighted the trouble being faced by Latvia in this economic crisis. We all knew that Latvia was not the only country suffering and not the only Baltic country suffering. But todays news suggests that Lithuania is in even deeper trouble. Poor Lithuania… This story explains that the Lithuanian economy has falled by […]

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Is Latvia Heading For Shock Therapy?

Posted by admin on June 11, 2009 in depression, eu economy, european economy, european politics, recession | Short Link
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Today’s European Voice (11/06/09) had a story suggesting that Latvia is in for shock therapy. This did not seem to be as seriously regarded in the paper as might be justified. In 2007, Canadian journalist Naomi Klein published “The Shock Doctrine: The Rise Of Disaster Capitalism”. In this extraordinary book, Klein argues that the influence […]

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