Arseniy Yatsenyuk twice turned down opportunities to be Ukraine’s prime minister. He took the third chance, which he described as a “kamikaze” mission.
Latvia’s economy expanded at the slowest pace in almost three years, missing economists forecasts as manufacturing output weighed on growth.
European leaders slammed Ukraine’s leaders over violence at anti-government protests, with German Chancellor Angela Merkel phoning President Viktor Yanukovych to say she was “outraged.”
Latvia’s euro adoption, dangled as the ultimate reward while the country endured the world’s deepest recession, is being met with resentment.
Latvia became the 18th member of the euro area today, with half the former Soviet republic’s citizens opposing the currency switch and expectations of rising prices at a seven-year high.
Adelphia Communications Corp. founder John Rigas and his son Timothy, who are in prison for securities fraud, failed to persuade a U.S. judge to dismiss a pending criminal tax case against them.
A federal judge dismissed a six- year-old tax indictment of Adelphia Communications Corp. founder John Rigas and his son Timothy, who are already in prison for looting the company.
Home prices are surging in Estonia. The last time that happened in the Baltic region, a property collapse followed in 2008 and 2009, leaving Scandinavia’s major banks saddled with a string of losses.
Billionaire Vladimir Evtushenkov’s holding company AFK Sistema is studying a potential acquisition of a stake in Latvia’s telecommunications operator Lattelecom SIA to expand beyond Russia.
A Latvian journalist was shot yesterday in the stairwell of his Riga apartment building by two assailants, Andrejs Sozinovs, chief of the capital’s criminal police, said in an interview with Latvijas Radio.