Thursday, May 28, 2009

Shaky Baltic Currencies ...

My baseline scenario assumes that the real circus in Latvia starts after 6th of June, after municipal and EU parliament elections, but the devaluation debate is heating up already now, and therefore some link-fest today:
Danske Bank Warns On The Baltics @ Latvia Economy Watch
Devaluation Imminent in the Baltics? @ Latvia Economy Watch
Event risk in the Baltics is critically high @ Credit Writedowns

But who knows?

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