Latvia

Just after midnight on November 10, ratings agency Fitch downgraded its sovereign ratings for Bulgaria ('BBB-'), Hungary ('BBB'), Kazakhstan ('BBB-') and Romania ('BB+'), while... 2008-11-10

On the back of the EUR20bn IMF-led bail-out package for Hungary, announced on October 28, the European Union has significantly stepped up its level of support for member-states... 2008-10-29

There are major lessons to be learnt from the most recent developments in the collapse of the Icelandic banking system for states across emerging Europe, and indeed emerging markets.... 2008-10-09

BMI View: Long term, we believe that the external debt fundamentals of emerging Europe will continue to improve. Growth rates, although declining from 2007's highs, will be fair,... 2007-12-10

When most investors are appraising the prospects of an investment, profit warnings, high volatility, negative sentiment and analyst neglect are not on their list of criteria. However,... 2007-02-23

BMI View: The outlook on Standard & Poor's Latvia credit ratings has been changed from stable to negative. This reflects an increasing concentration on the imbalances within the... 2007-02-20

have long highlighted the risks to a delay in the eurozone adoption timetables across CEE, and Cyprus has become the latest country to acknowledge that its proposed entry date was... 2005-11-04

Latvia, Cyprus and Malta joined ERM-2 on April 29, as a precursor to adopting the euro in late 2007 or 2008. Estonia, Slovenia and Lithuania (which all intend to adopt the euro in... 2005-05-03

In CEE, EU convergence remains the key driver of upward revisions to credit ratings. In the eight states which joined the Union in May, the Maastricht criteria are providing a strong... 2004-11-12

In its annual review of the Latvian economy, the IMF has praised the country's strong economic growth - 7.5% in 2003 and 8.75% y-o-y in Q104 - and the government's commitment to joining... 2004-08-09