Banks

International Internet Magazine. Baltic States news & analytics Sunday, 17.02.2019, 22:18

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Unemployment has fallen to almost the same low level as in the economic boom

Unemployment has fallen to almost the same low level as in the economic boom

15.02.2019

Unemployment fell in the final quarter of last year to 4.4% in Estonia, which is the same low level as in the economic boom. As the unemployment figure has fallen however, so the indicators for the functioning of the labour market have improved.

Keyword tags: Analytics, Banks, Direct Speech, Employment, Estonia, Labour-market



Bank of Lithuania: ADB Compensa Vienna Insurance Group fined

Bank of Lithuania: ADB Compensa Vienna Insurance Group fined

15.02.2019

After assessing the inspection results of ADB Compensa Vienna Insurance Group, the Board of the Bank of Lithuania imposed it a fine of 20,000 EUR for violations of legal acts and disclosure of misleading information related to its financial condition in the supervisory reporting and financial statements, informed Bank of Lithuania.

Bank of Lithuania position on virtual assets and initial coin offering reflects changing market realities

Bank of Lithuania position on virtual assets and initial coin offering reflects changing market realities

15.02.2019

Taking into account current market developments and evolving regulatory regimes as well as seeking to ensure a level playing field for all financial market participants, the Board of the Bank of Lithuania has updated its position on virtual assets and initial coin offering. The position is intended for existing and potential financial market participants as well as entities intending to organise initial coin offerings or provide the possibility for Lithuanian investors to invest in this product type.


Researchers in economics awarded €10 and €5 thousand from Bank of Lithuania

Researchers in economics awarded €10 and €5 thousand from Bank of Lithuania

15.02.2019

The Board of the Bank of Lithuania granted three researchers in economics awards for scientific activities and dissertations in the field of economics.

Flywire, Red Dot Payment set up companies in Lithuania

Flywire, Red Dot Payment set up companies in Lithuania

14.02.2019

Two international payment companies, the UK's Flywire and Singapore's Red Dot Payment, have registered companies in Vilnius, reported LETA/BNS.


13.02.2019

Estonia's current account ran EUR 13 mln deficit in December

A flash estimate published by the Bank of Estonia puts the Estonian current account at 13 mln euros in deficit in December 2018, informed Bank of Estonia,

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