International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 14:51
Lithuania stops MMM-2011 Ponzi scheme operations
07.06.2012Lithuanian law enforcement agencies have halted operations of the MMM-2011 pyramid scheme after finding its activities violate laws, RIA Novosti said.
Keyword tags: Baltic States – CIS, Financial Services, Legislation, Lithuania
In May annual inflation Estonia made 3.8%
07.06.2012According to Statistics Estonia, the change of the consumer price index was -0.1% in May 2012 compared to April and 3.8% compared to May of the previous year.
Substantial increase in the number of Latvian drivers detained for offering bribes to the police
07.06.2012In the first five months of the year, the State Police have detained almost as many drivers offering bribes to officers as the whole of last year, LETA was informed by State Police spokeswoman Lita Juberte.
Latvia looks for opportunities for expanding food exports to Azerbaijan
07.06.2012Latvian food producers have an opportunity to expand food exports to Azerbaijan, since it is a large country with a wide market and high purchasing capacity, Agriculture Minister Laimdota Straujuma pointed out during her working visit to Azerbaijan today.
Bank of Latvia's external reserves at EUR 5.39 bln at end-May
07.06.2012The Bank of Latvia's external reserves stood at EUR 5.39 billion (LVL 3.78 billion) at the end of May, which is one 2.37% more than at the end of May 2011, when the central bank's external reserves were EUR 5.268 billion (LVL 3.702 billion), as the business portal Nozare.lv learned from the central bank.
Tax debt fell by 4.1 mln euros in May
According to the Estonian Tax and Customs Board, companies and private individuals owed the state 350.902 million euros at the beginning of June 2012, which was by 4.1 million euros less than a month ago, LETA/Postimees Online reports.
Aboltina urges Ilves for better cooperation between Baltics on EU related issues
On Wednesday, during her meeting with Estonian President Toomas Hendrik Ilves in Riga, Saeima Speaker Solvita Aboltina (Unity) emphasized the necessity to generate more practical benefits from the excellent bilateral relations between Latvia and Estonia by implementing mutually important joint projects in the areas of education, health-care and information technology, LETA was informed by the Saeima's press service.
EU’s assessment of Latvian economic activity 
