Date: 24.09.2020.

International Internet Magazine. Baltic States news & analytics Friday, 30.10.2020, 13:42

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Labor tax burden in Latvia higher than in Lithuania and Estonia

Labor tax burden in Latvia higher than in Lithuania and Estonia

24.09.2020

Even though personal income tax rates across the Baltic countries are similar, the overall labor tax burden in Latvia is higher than in Lithuania and Estonia, the Free Trade Union Confederation of Latvia finance and tax expert Janis Hermanis said at the confederation's conference today, cites LETA.

Keyword tags: Analytics, Baltic, Financial Services, Forum, Latvia, Legislation, Markets and Companies, Taxation



Sweden's Eastnine wants to built wooden office building in Vilnius

Sweden's Eastnine wants to built wooden office building in Vilnius

24.09.2020

Swedish investment company Eastnine, operating the 3 Bures (3 Sails) office complex in Vilnius, would like to build a wooden office building near this complex. It would be the first wooden high-rise building in Lithuania, informs LETA/BNS.

Baltic, Nordic countries hold potential to promote textile circulation

Baltic, Nordic countries hold potential to promote textile circulation

24.09.2020

A recent study by Scandinavian and Baltic researchers shows that the Baltic states have great potential to create a circular textile system in cooperation with the Nordic countries, but that many important steps need to be taken by policymakers and stakeholders to realize this, informs LETA/BNS.


IATA Calls for Systematic COVID-19 Testing Before Departure

IATA Calls for Systematic COVID-19 Testing Before Departure

24.09.2020

The International Air Transport Association (IATA) called for the development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic COVID-19 testing for all passengers before departure as an alternative to quarantine measures in order to re-establish global air connectivity. IATA will work through the International Civil Aviation Organization (ICAO) and with health authorities to implement this solution quickly.

Xfly breaks into top 10 of Estonian exporters

Xfly breaks into top 10 of Estonian exporters

24.09.2020

In the Entrepreneurship Awards 2020, Nordica’s subsidiary Xfly was named one of the 10 most successful Estonian companies in terms of boosting its exports, BC informed Nordica`s representative.


24.09.2020

EU and Helenos back microfinance in Lithuania through investments in the Lithuanian Central Credit Union

The EIF and Helenos, a private equity fund managed by Inpulse, will strengthen the capacity of the Lithuanian Central Credit Union (LCCU) through two investments totalling EUR 3mln. The EIF investment is backed by the European Union under the capacity building’ window of the EU programme for Employment and Social Innovation (EaSI). The financing will support LCCU’s digital infrastructure, risk management and IT system, to strengthen its capital base and scale-up its micro-lending activities in Lithuania.

24.09.2020

Estonian government approves the annual report for financial year 2019

The Estonian government at its sitting on Thursday approved the state's consolidated report for the 2019 financial year, writes LETA/BNS.

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