Date: 12.06.2020.

International Internet Magazine. Baltic States news & analytics Saturday, 04.07.2020, 06:05

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Bank of  Latvia: Early repercussions of the state of emergency in the first quarter's balance of payment

Bank of Latvia: Early repercussions of the state of emergency in the first quarter's balance of payment

12.06.2020

The state of emergency restrictions and a broad-based deceleration of economic activity were also partly reflected in the balance of payments developments in the first quarter of 2020.

Keyword tags: Analytics, Banks, Direct Speech, Economics, Financial Services, Latvia



Members of Agricultural Cooperatives Association in Latvia post EUR 450.51 mln in turnover in 2019

Members of Agricultural Cooperatives Association in Latvia post EUR 450.51 mln in turnover in 2019

12.06.2020

In 2019, members of the Latvian Agricultural Cooperatives Association achieved EUR 450.51 million in turnover, up from EUR 436 million in 2018, as the association informed LETA.

Latvian Investment Agency to primarily support companies that already export their products and are ready to expand

Latvian Investment Agency to primarily support companies that already export their products and are ready to expand

12.06.2020

The Investment and Development Agency of Latvia wishes to primarily support those companies that already export their products and are ready to expand into new markets to further raise sales, or to compensate companies for the fall in demand for Latvian exports in countries that Covid-19 has hit the hardest, the agency's head Kaspars Rozkalns said during a meeting with President Egils Levits on June 12, cites LETA.


Court rejects Vilniaus Energija's lawsuit on damages

Court rejects Vilniaus Energija's lawsuit on damages

12.06.2020

Energijos Skirstymo Operatorius, part of Lithuania's state-owned energy group Ignitis Grupe (Ignitis Group), will not have pay damages to Vilniaus Energija, a local company owned by France's Veolia, which used to operate the heating system in Vilnius, reported LETA/BNS.

Latvia initiates global call of 130 countries to combat "infodemic" in Covid-19 context

Latvia initiates global call of 130 countries to combat "infodemic" in Covid-19 context

12.06.2020

Acting on an initiative inspired by Latvia, 130 countries of the United Nations Organization (UN) have delivered a cross-regional statement on countering widespread disinformation, in other words, fighting the "infodemic", in the context of the COVID-19 health crisis, the Foreign Ministry informed LETA.


12.06.2020

Electrum: Electricity price up 5% across in Lithuania in May

The average wholesale electricity price went up by 5 percent in Lithuania in May, from April, but still remained the lowest in the Baltic states, according to the independent electricity supplier Elektrum Lietuva.

12.06.2020

Latvia must invest borrowed money so that it paid off later - LCCI

When investing the money Latvia has borrowed to fuel the recovery of its economy, it is necessary to make sure these investments will pay off later, Aigars Rostovskis, president of the Latvian Chamber of Commerce and Industry (LCCI), said today during a meeting with President Egils Levits cited LETA.

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