e crisis. As for the other two “Baltic tigers”, the economic slowdown was slightly felt as early as late 2006, together with strong inflation. After prosperous years, the country faces more and more bankruptcies and dismissals and street protests are increasing. This new situation forces the government to be more open to social dialogue. (Ref. 090164)
Soaring unemployment. The Mažeikių Nafta oil refinery announced 450 job cuts in 2008-2009 (out of a total of over 3.000 employees) and the...
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