International Internet Magazine. Baltic States news & analytics
Saturday, 27.04.2024, 13:42
Latvia: Lending continues on a downward trend in November
03.01.2020On the back of persistently weak external demand and increasing caution of banks and businesses, overall lending indicators as well as those of corporate loans declined in November, with the housing loan portfolio being the only one posting the usual minor growth. Hence, the annual growth rate of domestic lending dropped to 0.8%, a low since 2017.
Keyword tags: Analytics, Banks, Direct Speech, Economics, Financial Services, Latvia
Elektrilevi builds 200 km of high-speed internet grid
03.01.2020Electricity distribution system operator Elektrilevi has been building since the start of 2019 an operator-neutral access network, or the so-called internet last mile, which is to enable all telecommunications operators to provide their services on equal terms, the "Aktuaalne kaamera" newscast of public broadcaster ERR reported.
Lithuania's Siauliai region creates app for tourists
03.01.2020Lithuania's northern region of Siauliai has created an app for tourists, Siauliai Tourism Information Center announced LETA/BNS.
Merging Financial and Capital Market Commission with Bank of Latvia has more advantages than disadvantages - Kazaks
03.01.2020Merging of the Bank of Latvia with the Financial and Capital Market Commission (FCMC) would have more advantages than disadvantages, but it will require a strict separation of monetary policy and financial market supervision functions, and the merger will also have to ensure that the central bank's reserves are not touched in the event of different legal disputes, the Bank of Latvia Governor Martins Kazaks says in an interview with LETA.
Most of information at Register of Enterprises to be available free of charge
03.01.2020Information accumulated at the Register of Enterprises over the past thirty years will be available to the public free of charge as of next week, as Chief State Notary Guna Paidere told LETA.
Lithuania: Changes in construction input prices
In November 2019, against October, construction input prices increased by 0.8%.
The largest FDI in Lithuania – from Sweden and Estonia
Statistics Lithuania and the Bank of Lithuania publish provisional data on foreign direct investment for III quarter 2019.