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Friday, 26.04.2024, 10:43
Lithuania's Crius LT granted specialized bank license
30.11.2020Crius LT, a Slovak-owned Lithuanian company, is planning to offer financial services to business customers after obtaining a specialized bank license, the Lithuanian central bank said on Monday., cites LETA/BNS.
Keyword tags: Banks, EU – Baltic States, Financial Services, Legislation, Lithuania, Technology
Agreement achieved on extending support to business representatives, employees in Latvia
30.11.2020onsidering the rapid spread of Covid-19, it is necessary to step up safety measures, and the government coalition parties on Monday agreed to considerably extend support to business representatives and employees, LETA learned from Economics Minister of Latvia Janis Vitenbergs (KPV LV).
In Q3, GDP in Latvia has dropped by 2.6%
30.11.2020Data compiled by the Central Statistical Bureau (CSB) shows that in the 3rd quarter of 2020, compared to the 3rd quarter of 2019, gross domestic product (GDP) decreased by 2.6 % (according to seasonally and calendar non-adjusted data). Over the nine months GDP has reduced by 4.3 %.
Vasiliauskas: Cherry-picking banks to face competition from smaller market players
30.11.2020The recent mergers of commercial banks in the Baltic States as well as withdrawal of some foreign banks have led to higher market concentration, yet opened the door to smaller market participants and alternative finance providers. The competitive environment in the financial sector will be discussed today at the virtual meeting of the Governors of the Baltic central banks.
Natgas prices for Lithuania's smallest consumers to rise 6.4% from January
30.11.2020Natural gas prices for the least consuming households in Lithuania will rise as of January, but prices for other groups will remain unchanged, writes LETA/BNS.
Lithuania considers limiting public gatherings to 2 people, ban advertising of sales
The Lithuanian government's COVID-19 crisis response committee discussed on Monday a proposal to restrict the number of people gathering in a public space to two, down from the current limit of five, and impose a ban on advertising discounts and sales, outgoing Health Minister Aurelijus Veryga said LETA/BNS.
Estonian e-Governance Academy leads digital transformation tasks of EU project in Ukraine
The Estonian e-Governance Academy leads the development of the Ukrainian digital state as part of an EU research project titled EU4DigitalUA, the total volume of which amounts to 25 million euros; the budget of the activities implemented by the e-Governance Academy totals 9.6 million euros, informs LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
