Date: 14.12.2018.

International Internet Magazine. Baltic States news & analytics Wednesday, 16.10.2019, 01:03

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Usakovs survives confidence vote as opposition councilors walk out

Usakovs survives confidence vote as opposition councilors walk out

14.12.2018

Riga mayor Nils Usakovs survived a confidence vote and remained in office as opposition councilors walked out of an extraordinary city council meeting this evening, reported LETA.

Keyword tags: Latvia, Legislation



Russia says vice governor suspected of graft holds Estonian residence permit

Russia says vice governor suspected of graft holds Estonian residence permit

14.12.2018

Alexander Kuznetsov, deputy governor of the Pskov region of Russia arrested as a graft suspect on Friday, holds an Estonian residence permit, Russian investigators said, LETA/BNS.

Swedbank ranks 1st among Lithuanian banks by assets, deposits, SEB by loans

Swedbank ranks 1st among Lithuanian banks by assets, deposits, SEB by loans

14.12.2018

Swedbank was the number-one bank in Lithuania by assets and deposits in late September and SEB Bankas led the market in terms of loans, consolidated figures from the central Bank of Lithuania showed on Friday, reported LETA/BNS.


Export data solid, but exporters' confidence weakened by external uncertainties

Export data solid, but exporters' confidence weakened by external uncertainties

14.12.2018

After hitting a minor speed bump in September, exports of goods performed quite well again in October. The seasonally and calendar adjusted figure, however, is negative, hence there is no reason to be overly excited. External uncertainties in combination with the rising global trade tensions, weakening demand from trade partners as well as poorer grain harvest after the extremely dry summer had a negative effect on manufacturing development, raising a question whether the growth reported for the exports of goods can be sustained.

Eesti Pank is holding two simultaneous competitions to design commemorative coins

Eesti Pank is holding two simultaneous competitions to design commemorative coins

14.12.2018

Eesti Pank is inviting submissions of designs for two two-euro commemorative coins, one dedicated to the centenary of the Tartu Peace Treaty and the other commemorating the 200th anniversary of the discovery of Antarctica. Both individuals and groups of designers are welcome to participate in the design competitions.


14.12.2018

EfTEN to buy the property of ABC Motors sales and service centre in Tallinn

EfTEN kolmas OÜ, a subsidiary of EfTEN Real Estate Fund III, has signed a contract with ABC Motors to buy their properties on Paldiski road in Tallinn. ABC Motors will continue the sales and servicing of Renault and Dacia vehicles on the same premises as before, informed EfTEN representative.

14.12.2018

airBaltic Increases Number of Flights from Riga to Liepaja

CEO of Latvian airline airBaltic Martin Gauss during a visit today in Liepaja announced that airBaltic will increase the number of domestic flights between Riga and Liepaja from three to five weekly as of summer season 2019. It will improve the connections between the two cities as well as from Liepaja to airBaltic network spanning Europe, Scandinavia, CIS and the Middle East, airBaltic informed BC.

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