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I can't see why it should cause issues with Russia - all these countries are already in the EU, so a Baltic cooperation under the EU umbrella cannot reasonably be viewed as a provocation.

And no, my feeling about bank exposures is based on anecdata from ET coverage of the Estonian crisis and the role of major Swedish banks.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Sep 1st, 2011 at 04:16:17 PM EST
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