International Internet Magazine. Baltic States news & analytics
Sunday, 16.06.2019, 16:25
Google, Revolut set up payment companies in Lithuania
26.10.2018US internet giant Google and British financial startup Revolut have registered payment companies in Lithuania, informs LETA/BNS.
Keyword tags: Financial Services, Good for Business, Internet, Lithuania, Technology
15 mln euros lawsuit against former Latvijas Krajbanka execs connected with 2 loans granted in Antonov’s interests
26.10.2018The civil lawsuit in which 15 mln euros are demanded from seven former executives of the now defunct Latvijas Krajbanka is connected with two loans that were once granted in the interests of the bank’s then co-owner Vladimir Antonov, plaintiffs’ representative Romualds Vonsovics said at a court hearing on Friday, cities LETA.
Estonian construction sector as engine of economic growth is decelerating – SEB
26.10.2018SEB analyst Mihkel Nestor said that the Estonian construction sector as engine of economic growth so far is decelerating, but compared to the pre-crisis period, the market is in a significantly better balance, cities LETA/BNS.
Immigration quota may be irrelevant already in 10 years
26.10.2018According to Bank of Estonia economist Rasmus Kattai, the standard of living in Estonia in all probability will increase by such an amount that more and more people from other European Union countries will also want to come work or live here, cities LETA/BNS.
Parliament speakers doubt Baltic countries could be compensated for Soviet occupation damage
26.10.2018The parliamentary speakers of the three Baltic countries doubt that their countries could obtain compensation from Russia for damages incurred during the Soviet occupation, cities LETA/BNS.
Lithuania's Avia Solutions Group exits Moscow’s Zhukovsky Airport
Avia Solutions Group (ASG), a Vilnius-based aviation business group controlled by Gediminas Ziemelis, has completely pulled out of the Moscow's Zhukovsky Airport, informs LETA/BNS.
Over the month, the turnover of retail trade enterprises grew by 0.2% in Lithuania
Statistics Lithuania informs that, based on provisional data, in September 2018, the turnover (VAT excluded) of retail trade enterprises amounted to 954.6 mln euros at current prices, and against August 2018, seasonally and calendar adjusted, grew by 0.2% (unadjusted – decreased by 8.8%).
OECD’s review shows Latvian main problems 
