Date: 19.03.2020.

International Internet Magazine. Baltic States news & analytics Friday, 03.07.2020, 17:55

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Sweden's Swedbank fined EUR 360 mln

Sweden's Swedbank fined EUR 360 mln

19.03.2020

Sweden's Swedbank has been fined with SEK 4 bn (EUR 360 mln) for serious deficiencies in its management of the risk of money laundering in its Baltic operations, the bank informed LETA.

Keyword tags: Banks, EU – Baltic States, Financial Services, Legislation



European Union: Railway operations during COVID-19

European Union: Railway operations during COVID-19

19.03.2020

Keeping European mobility operational during the COVID-19 pandemic is key. The Community of European Railway and Infrastructure Companies (CER) stresses that railways are doing their utmost to keep essential freight and passenger services running, while protecting their staff.

Covid 19: Government endorses Finance Ministry's bill on measures for overcoming Covid-19 crisis

Covid 19: Government endorses Finance Ministry's bill on measures for overcoming Covid-19 crisis

19.03.2020

The Cabinet on Thursday endorsed the Finance Ministry's bill on measures for overcoming the crisis caused by the coronavirus Covid-19, which encompasses a comprehensive set of state support measures, including benefits that will be paid to employees laid off by companies. The legislation will now be reviewed by Saeima.


Presidents of Germany and Latvia agree to seek additional solutions to trucks queues at Polish border

Presidents of Germany and Latvia agree to seek additional solutions to trucks queues at Polish border

19.03.2020

The presidents of Latvia and Germany on Thursday discussed issues concerning truck traffic between the two countries and agreed to seek additional solutions to speed up the traffic of trucks stuck at the German-Polish border, informed LETA.

Government support aimed at mitigating economic impact of Covid-19 pandemic exceeds EUR 2 bn

Government support aimed at mitigating economic impact of Covid-19 pandemic exceeds EUR 2 bn

19.03.2020

Latvia's government support aimed at mitigating the economic impact from the Covid-19 pandemic has exceeded EUR 2 bn, Finance Minister Janis Reirs (New Unity) told journalists Thursday, writes LETA.


19.03.2020

Higher demand pushing food prices up in Lithuania

The prices of some food products have gone up in recent days after Lithuania was placed under quarantine and people started panic-buying and stockpiling. The association of pig producers says higher demand is pushing prices up, reported LETA/BNS.

19.03.2020

Estonia: Tallinn Airport still connected to 8 European cities

The Estonian state-owned airport company Tallinn Airport said that six airlines are still flying from the Estonian capital to eight destinations in Europe, writes LETA/BNS.

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