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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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