Word: latvia
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...Toropovaite is still sorting out how she'll get to her boyfriend. She briefly had plans to take a train from Vilnius to Warsaw to Paris, but scratched that when France began shutting its airports. She now has a flight booked on Sunday that will take her to Riga, Latvia, where she will wait for five hours for a flight to London that may or may not take off. "I'm not optimistic," she says. "But I can't be angry at anyone. It's nobody's fault. This is a volcano...
...most dramatic cuts have come in Eastern Europe, particularly in Latvia, where the government has cut public funding for higher education in half since 2008. Poland, Hungary and Estonia have all cut or plan to make cuts of between 4% and 7%. But it's not just the east - wealthier European nations are also feeling the bite. This month, Britain announced cuts as high as 14% to some university budgets, while both Italian and Spanish schools face reductions of about 10%. The situation is so bad in Spain that schools extended holiday breaks last year to save money on heating...
...fund also has unmatched experience in setting troubled economies straight—that, after all, is its purpose. While it is unprecedented for the IMF to bail out a eurozone nation, it has bailed out several EU members including the United Kingdom in 1976 and, more recently, Hungary, Latvia, and Romania in cooperation with...
...which can carry 15 helicopters or 70 armored vehicles - would have allowed Russia to complete its August 2008 invasion of Georgia in a matter of hours. Little wonder, then, that the deal has prompted deep concern among American defense officials as well as among European Union members like Poland, Latvia and Lithuania, which fear that the warships could one day be used against former Soviet satellites like themselves...
...policy simply isn't reasonable and lacks public support," says Pieter Cleppe, head of the Brussels office of Open Europe, a think tank that opposes greater centralization of power in the E.U. Indeed, the IMF has already given millions in bailout money to E.U. countries like Hungary and Latvia, neither of which uses the euro, but eurozone countries fear that such a move would hurt the reputation of their union on the global stage. ( Read: "Taxing Times in Greece...