International Internet Magazine. Baltic States news & analytics
Sunday, 21.04.2019, 01:39
Banking scandals may make borrowing more expensive
18.04.2019The financial position of the Estonian banking sector is good and the risks to it are small. The biggest risks for Estonian banking are related to the money laundering scandals that have hit the Nordic banking groups operating in Estonia. Reputational damage to the banks could worsen the funding conditions of the Nordic banking groups, which could also make loans more expensive and harder to access for people and companies in Estonia.
Keyword tags: Analytics, Banks, Economics, Estonia, Financial Services
Ukrainian court finds nationalization of PrivatBank illegal
18.04.2019A Ukrainian court ruled on Thursday that the 2016 nationalization of PrivatBank, which was owned by a powerful tycoon Ihor Kolomoysky, was illegal, informed LETA/BNS.
CEO of Latvia's PrivatBank resigns
18.04.2019Aleksandrs Kukics has resigned as CEO of Latvia’s PrivatBank, according to information released by the bank, informed LETA.
Investor Browder files Swedbank money laundering complaint in Latvia
18.04.2019Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal, reported LETA.
Workers have started to prefer to work less
17.04.2019The Estonian economy has been one of the fastest growing in Europe in the past three years, and although that growth will slow this year, the labour market will not cool down so much.
Chairman of the Board on central bank digital currencies
Speech by Mr. Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, on the topic of central bank digital currencies, delivered at the Reinventing Bretton Woods Committee conference Managing the Soft Landing of the Global Economy, held in Washington DC.
New research directions for the Baltics 
