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Baltic Tigers in Turmoil
Michael Hedges January 19, 2009 Follow on Twitter
Little more than a decade since joining the European Union and a rising tide of commercial growth Estonia, Latvia and Lithuania once referred to as the Baltic Tigers are groaning. Media companies that launched or snapped up key radio and television channels to ride that tiger may have been ahead of the curve but a sharp drop in growth is causing a rethink. Shrinking economics threatens broader stability, old wounds kept open, clouding a once-bright present.

 

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