International Internet Magazine. Baltic States news & analytics
Sunday, 19.05.2013, 05:07
Vilnius Mayor Arturas Zuokas proposes to establish a single mutual fund of the Government, the European Union's (EU) financial institutions and local municipalities. The recourses of such City Fund would be allocated for any necessary reconstruction, also to cover municipal debts or co-finance projects that are implemented with the EU financial support.
Keyword tags: EU – Baltic States, Financial Services, Funds, Lithuania
Particle board and plywood producers' income in the first six months of 2012 exceeded the pre-crisis net turnover by 20%, newspaper Dienas Bizness writes today.
The total amount of investment in Baltic real estate market was around EUR 600 million in 2011, as real estate consulting company Colliers International representative Kristine Spundina informed LETA.
Today, Latvian Prime Minister Valdis Dombrovskis (Unity) met with his Czech counterpart Petr Necas, urging the Czech Republic to back the Baltic States' interests in the European Union, LETA was informed by the Cabinet of Ministers press secretary Zanda Sadre.
SEB banka has refused to open an account for the newly-registered political party For Native Language, pointing out that the bank is a private company with the right to turn down those whom it does not want to see as its clients, LETA was informed by For Native Language leader Vladimirs Lindermans.
The trading group Kaubamaja group plans to sue the Tallinn City opposing the city's limitation of transport traffic due to the repairs at a certain city area, the Estonian national broadcasting corporation ERR reported referring to Eesti Paevaleht.
Due to sunny and exceptionally warm weather the flow of visitors arriving to Lithuanian resort Palanga has grown considerably therefore tourist information center (TIC) advises arranging accommodation in advance.