Date: 06.08.2020.

International Internet Magazine. Baltic States news & analytics Tuesday, 22.09.2020, 05:25

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High loan interest rates in Latvia are due to banks wanting to earn higher profits

High loan interest rates in Latvia are due to banks wanting to earn higher profits

06.08.2020

Latvia has the highest loan interest rates in the euro area, and that is because banks want to earn higher profits, Saeima Financial Sector Supervision Subcommittee Chairman Gatis Eglitis (New Conservative Party) said at the subcommittee's meeting today, informs LETA.

Keyword tags: Banks, Financial Services, Latvia, Loan, Real Estate



Estonian government supports restricting alcohol sales in Tartu County

Estonian government supports restricting alcohol sales in Tartu County

06.08.2020

At a Cabinet meeting held on Thursday, the Estonian government decided to support the establishment of a restriction on the sale of alcohol at catering and entertainment establishments in Tartu County sought by the Police and Border Guard Board, informs LETA/BNS.

Latvia lags behind its neighbors by digital quality of life

Latvia lags behind its neighbors by digital quality of life

06.08.2020

Latvia took the 27th position among 85 countries of the world in the Digital Quality of Life Index, lagging behind its neighbors Estonia (13th) and Lithuania (21st), according to a study by privacy protection company Surfshark, cites LETA.


US law firm helping Estonia pursue forfeiture sharing agreement with US authorities

US law firm helping Estonia pursue forfeiture sharing agreement with US authorities

06.08.2020

The activities of US law office Freeh Sporkin & Sullivan LLP in advising Estonia in international money laundering investigations have been divided into three phases, and one of the law firm's tasks will be to assist Estonian authorities in submitting a forfeiture sharing request to the US authorities, writes LETA/BNS.

SEB Banka issues EUR 390 million in loans to companies in H1

SEB Banka issues EUR 390 million in loans to companies in H1

06.08.2020

SEB Banka issued loans in the amount of EUR 390 mln to companies in the first six months of this year, which is 93% more than in the same period last year, as the bank's representatives informed LETA.


06.08.2020

University of Tartu study: Coronavirus 10 times more prevalent than previously thought

The results of the study on coronavirus antibodies KoroSero-EST-1 led by the University of Tartu indicate that the prevalence of the virus notably exceeded the national statistics based on nasal swab testing -- by ten times in Tallinn and three and a half times in Saaremaa, writes LETA/BNS.

06.08.2020

Thermo Fisher Scientific Baltics tops Lithuania's corporate taxpayer list in H1

Biotechnology company Thermo Fisher Scientific Baltics paid the most taxes, not including VAT and excise duties, to the Lithuanian budget in the first half of 2020, leaving the Klaipeda State Seaport Authority in second place and the state-owned energy group Ignitis Grupe in third, according to figures from the State Tax Inspectorate, cites LETA/BNS.

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