International Internet Magazine. Baltic States news & analytics
Thursday, 20.06.2013, 14:52
Bankruptcy of Snoras gets recognised in Switzerland
10.08.2012Neil Cooper, Bankruptcy Administrator of BAB Bankas Snoras (in Bankruptcy) has confirmed that on 19 July 2012, the bankruptcy of the bank was recognised in Switzerland by FINMA, the Swiss Financial Market Supervisory Authority, the bank said in a statement.
Keyword tags: Banks, EU – Baltic States, Financial Services, Legislation, Lithuania
Eesti Pank: recovery of rapid growth depends on actions of eurozone governments
10.08.2012Estonia's economy grew by 2% in annual terms in the second quarter and by 0.4% from the first quarter; a slowdown in growth in Europe is largely due to problems with public finances in several countries, the national bank of Estonia said in a statement.
Deceleration of economic growth in Estonia continued in Q2
10.08.2012According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 2.0% in the 2nd quarter of 2012 compared to the same quarter of the previous year.
Gulfstream Oil turnover grew by 37.9% in 2011
10.08.2012Aviation fuel supplier Gulfstream Oil operated with LVL 40.37 million in turnover in 2011, 37.9% more than in 2010, when the company turned over LVL 29.72 million, according to Firmas.lv information.
If P&C Insurance increased its H1 profits to 12.4 mln euros in Baltic States
10.08.2012If P&C Insurance AS raised its profits earned in Estonia, Latvia and Lithuania by half, to 12.4 million euros, writes Äripäev.ee/LETA.
Latvia's current account deficit at LVL 49.6 mln in June
In June 2012, Latvia's current account deficit was at LVL 49.6 million, affected by a small increase in the negative balance of goods external trade and dividends paid to foreign investors, Bank of Latvia economist Ieva Brauksa informs.
Lithuania watches digital terrestrial television for 9 years
In August of 2003, just nine years ago, Lithuanian Radio and Television Center, otherwise referred to as the Telecenter or LRTC, started transmitting digital television programs, the Lithuanian Transport Ministry said in a statement.
Common European and global issues for G-8 summit 
