Date: 14.07.2020.

International Internet Magazine. Baltic States news & analytics Monday, 10.08.2020, 19:21

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Rising prices signal robust economic recovery in Lithuania

Rising prices signal robust economic recovery in Lithuania

14.07.2020

Consumer prices in Lithuania are rising faster than in Latvia or Estonia, signaling that Lithuania's economy is recovering from the coronavirus crisis at the most rapid rate in the region, Swedbank Lithuania's economist Greta Ilekyte said on Tuesday, cites LETA/BNS.

Keyword tags: Analytics, Baltic, Economics, Inflation, Markets and Companies



Latvia invests EUR 50 mln in fund to support large producers affected by Covid-19

Latvia invests EUR 50 mln in fund to support large producers affected by Covid-19

14.07.2020

The Cabinet of Ministers in Latvia today decided to invest EUR 50 million in a fund that is being established with the aim to support large producers affected by the Covid-19 crisis, reports LETA.

Government in Latvia defers decision on Covid-19 restrictions for international travelers

Government in Latvia defers decision on Covid-19 restrictions for international travelers

14.07.2020

The government today deferred a decision on tougher restrictions for international travelers, citing poorly prepared proposals, reports LETA.


Latvia to allot EUR 19.2 mln to support employees in tourism industry

Latvia to allot EUR 19.2 mln to support employees in tourism industry

14.07.2020

The state will subsidize the salaries of those working in the tourism sector by allocating EUR 19.2 million, according to a proposal developed by the Economics Ministry that the government supported on Tuesday, informs LETA.

Magazine: Was an attempt to murder Juta Strīķe being prepared?

Magazine: Was an attempt to murder Juta Strīķe being prepared?

14.07.2020

The new issue of the magazine “Open City” features an investigation “There are no saints in the wars of the special services”. An interview entitled “The Octopus in the Latvian Style” with a businesswoman Ināra Vilkaste was published within the framework of the investigation. She reveals a series of sensational exposures in the interview. According to her, the “Octopus” is an organized criminal group (OCG) that, in her opinion, brings together former employees of the special services, current politicians and members of the criminal world.


14.07.2020

A builder is being sought to rebuild the highest TV tower in the European Union

The Latvia State Radio and Television Centre SJSC (LVRTC) has announced the first round of a closed tender to select a contractor to rebuild the highest TV tower in the European Union. Information about the opportunity to take part in the closed tender has been sent to both builders in Latvia and the biggest and most experienced building contractors in the European Union. The closed tender will be held in two rounds and the deadline for submission of applications for the first round is 4th September.

14.07.2020

Estonia's 2020 renewable energy subsidy budget short of EUR 9 mln

Although the government decided last week to allocate four million euros to cover costs for renewable energy instead of raising prices, there is still a shortfall of nine million euros in the estimated amount of subsidy that producers will be eligible for by the end of the year, public broadcaster ERR reported, cites LETA/BNS.

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