Ahead of a possible bailout for banks saddled with bad loans, Slovenia has opened the door for privatization and austerity measures.
The newest destination for Russian money is worrying euro zone officials ahead of its adoption of the euro next year.
RIGA, Latvia — Tiny European country lures Russian cash by the suitcase before suffering banking crisis. Sound familiar? But this isn’t Cyprus, whose financial woes unleashed a European political crisis just over a month ago. An old playground for wealthy Russians, Latvia