The Baltic Course

Baltic States: Finances & Investments Financial Services, Investments, Buy / Sell Business

Bank of Lithuania: credit unions must accumulate sustainable capital

Bank of Lithuania: credit unions must accumulate sustainable capital

29.05.2015.

In the first quarter of the year 2015, most credit unions made a profit to substantially improve their performance year on year; however, the quality of loans deteriorated. The ratio of specific provisions against loans, formed by credit unions, to loans increased, while non-performing loans, according to 1 April 2015 data, accounted for more than a fourth of total loans, reported BC the Bank of Lithuania.

Keyword tags: Financial Services, Legislation, Lithuania, Loan


Round Table Round Table

Approaches to media sector in Europe: Commission’s coordinating efforts

Approaches to media sector in Europe: Commission’s coordinating efforts

22.05.2014.

The article underlines the Commission efforts towards media sector plays a key economic, social and cultural role in the EU. Generally, Europe has a strong media industry, which creates growth and jobs and presents European life, history, culture and values around the world. The media landscape is following a transformation, characterized by a steady increase of convergence of media services, with a visible move towards intertwining traditional broadcast and internet. The EU institutions cannot do much about regulating the media sector in the member states as these “regulations”, according to the Lisbon Treaty, are of supplementing and coordinating character.

Keyword tags: Education and Science, EU – Baltic States, Latvia, Legislation, Markets and Companies, Round Table, Technology


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