International Internet Magazine. Baltic States news & analytics
Thursday, 04.06.2020, 06:38
Bank of Estonia: Future development in the economy will depend mainly on foreign markets
03.06.2020Data from Statistics Estonia show that Estonian GDP was 0.7% smaller in the first quarter than in the same quarter of last year, and seasonally adjusted was 3.7% less than in the fourth quarter of last year. The economic position in the first quarter only partly reflects the impact of the coronavirus and is more a consequence of earlier events.
Keyword tags: Banks, Direct Speech, Economics, Estonia, Financial Services, GDP
Estonia: Eesti Energia signs EUR 70 mln loan with EIB
03.06.2020Estonian state-owned energy group Eesti Energia has signed a new loan agreement with European Investment Bank (EIB) in the amount of 70 mln euros to finance investment into the roll-out of a passive fiber access network in Estonia, informed LETA/BNS.
EBRD teaming up with top Fintech accelerator Startup Wise Guys
03.06.2020EBRD and Startup Wise Guys start Fintech accelerator partnership. New companies from across EBRD regions invited to apply. Programme co-financed by TaiwanBusiness – EBRD Technical Cooperation Fund.
Idelsons: Banks in Latvia coping relatively well with Covid-19 crisis
03.06.2020Banks in Latvia have been coping relatively well with the crisis caused by the Covid-19 virus, as Signet Bank CEO Roberts Idelsons says in an interview with LETA.
SEB Banka grants grace period to nearly EUR 1,700 clients
03.06.2020Since the beginning of the Covid-19 emergency, SEB Banka has granted a grace period to nearly 1,700 borrowers, BC was told at the bank.
Latvijas Banka issuing a 2 euro commemorative coin "Latgalian Ceramics"
On Friday, 5 June, Latvijas Banka is issuing a 2 euro commemorative coin "Latgalian Ceramics", informed the bank in its press release.
SEB banka issues EUR 16 million guarantee for construction of natural gas interconnection between Lithuania and Poland
SEB banka has issued a guarantee in the amount of EUR 16 million for the establishment of a natural gas interconnection between Lithuania and Poland, the bank informed BC.
“Post-pandemic”: political outcomes 
