Latvia Tells the Eurozone’s Story in Slow-Motion

Latvia did not rely on sainted austerity for its recovery. Its economy is still fragile. Its banking sector is a mess waiting to happen. It cannot cut off foreign investment, and yet it must.

Estonia Open to New Greek Bailout; Cats and Dogs Living Together in Berlin Next?

This is a dangerous gamble. Poor but thriving Estonia may not be thriving much longer, and may not have enough to help rich but struggling Greece.

Latvia and the Wages of Austerity

Presumably if the government gave out more free money, economically productive people would stick around?

The Baltic States Prosper Amidst the Euro’s Ruin

The Eurozone continues to go from bad to worse. Greece may be on its way out. Spain wants a bank bail-out. Buried amongst this depressing cascade of impending catastrophe is some good news. The Baltic States have demonstrated the art of economic reform.