Date: 03.07.2017.

International Internet Magazine. Baltic States news & analytics Thursday, 21.09.2017, 22:46

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Bridging the pensions gap: Commission suggest Pan-European Personal Pensions

Bridging the pensions gap: Commission suggest Pan-European Personal Pensions

03.07.2017

The Commission proposed a new system for a Pan-European private pensions market as a new voluntary scheme to save for retirement. The new “product” would benefit savers around Europe by complementing existing national pension products. Alongside occupational pensions, personal pension plans would be supplemental to state-based pensions, but not replacing or harmonizing national personal pension regimes.

Keyword tags: Analytics, EU – Baltic States, Financial Services, Legislation, Modern EU, Pensioners



Lower personal income tax to apply to most employees in Latvia

Lower personal income tax to apply to most employees in Latvia

03.07.2017

After the tax reform, income of most employees in Latvia will be taxed at 20% which is a lower rate compared to the current 23% personal income tax, according to the information from the Finance Ministry, cites LETA.

Baltic Workboats sells 100 m ferry to Sweden

Baltic Workboats sells 100 m ferry to Sweden

03.07.2017

The boat builder Baltic Workboats based on Estonia's largest island of Saaremaa sold a 100-meter ferry to Sweden and the total construction cost was around 10 million euros, informs LETA/BNS.


Tax policy: serving a fair society and strong economy

Tax policy: serving a fair society and strong economy

03.07.2017

Two fiscal options have been for too long mutually exclusive in Europe: either promoting growth and investment or supporting social justice and a fair society. It is high time the leaders in the member states overcome these false contradictions and establish a positive taxation agenda.

Grybauskaite defined priorities for Lithuanian ambassadors

Grybauskaite defined priorities for Lithuanian ambassadors

03.07.2017

President Dalia Grybauskaite took part in the annual meeting with Lithuanian ambassadors where she defined the key objectives for the Lithuanian diplomats residing in foreign countries, informs BC the presidential press service.


03.07.2017

Riga Commercial Port posts EUR 16.7 mln in 2016 profit

Latvia's Rigas Tirdzniecibas Osta (Riga Commercial Port, RTO) company closed 2016 with EUR 258,873 million in turnover, down 15.2% from a year before, while its profit dropped 16.4% year-on-year to EUR 16.726 million, according to the company’s financial report, cites LETA.

03.07.2017

Baltcap setting up new infrastructure fund in Baltics

Baltcap, the Baltics' largest private equity and venture capital fund manager, is setting up a new fund, Baltcap Infrastructure Fund, which is planning to invest 100 million euros in Baltic infrastructure projects, informs LETA/BNS.

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