tag:blogger.com,1999:blog-690923004277466712.post8572022320854262186..comments2010-02-10T23:13:15.057+01:00Comments on Baltic Economy Watch: Freezing Yourself Out In Lithuania And LatviaUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-690923004277466712.post-81951193522377557802009-01-21T15:11:00.000+01:002009-01-21T15:11:00.000+01:00Hello! I'v been following this blog for a long, go...Hello! I'v been following this blog for a long, good work!Thank You!<BR/><BR/>Regarding Latvia, I'm working for industrial company in Latvia, with most customers from Sweden or Russia and latest SEK and ruble rate changes have really eaten up business both for export and import. From SEK/LVL we lose in funny sequence, more you sell - more you lose. <BR/><BR/>Today, here are a lot and a lot of industries closed, closing or planning to close. I'm not latvian native, but what will be with this country? It is lose-lose all ways to see. <BR/><BR/>Interestig question altho, would it be possible to imagine EUR devaluation? EU with this would solve many issues in new members with fixed pegs?<BR/><BR/>PS! There is lot of rumors around regarding devalutation in Latvia around :) But nothing is sure here ....Anonymousnoreply@blogger.com