The Baltic Course

Baltic States: News & Analytics Analytics, EU – Baltic States, Baltic States – CIS, Legislation, Modern EU

200,000 EUR fine for insider dealing for exec of Vilnius-listed dairies

200,000 EUR fine for insider dealing for exec of Vilnius-listed dairies

21.05.2019.

The Supervision Service of the Bank of Lithuania has concluded that Linas Strėlis, member of the board of AB Vilkyškių pieninė and AUGA group, AB, has used inside information to enter into transactions on the acquisition and sale of shares of AB Žemaitijos pienas. In addition to this, he has involved his family members in such unlawful transactions as well. Therefore, Linas Strėlis has violated the prohibition against the use of inside information, set out in the EU Market Abuse Regulation, informed Bank of Lithuania.

Keyword tags: Banks, Financial Services, Legislation, Lithuania


Baltic States: Opinion Direct speech

What is monetary policy and how it affects your income?

What is monetary policy and how it affects your income?

20.05.2019.

If one compared the euro area economy with the human body, money circulating in it would serve as blood, and the European Central Bank (ECB), which influences the price of money – interest rate, would constitute its heart. Just as the heart affects the functioning of the whole body, actions of the ECB strongly impact euro area economic developments, household and business borrowing conditions and the general price level. Decisions on the future stance of euro area monetary policy will be taken this June in Vilnius.

Keyword tags: Analytics, Banks, Direct Speech, Economics, Lithuania


Round Table Round Table

Modern city: sustainability vs. “mega-projects” in Latvian development

Modern city: sustainability vs. “mega-projects” in Latvian development

06.03.2017.

Managing urban areas has been always one of the most important development challenges for city planners. During last decades, cities have been developed in a strictly “human & sustainable” way: everything for city’s dwellers! However, nowadays it’s easy to evaluate the “optimal city” –its development has to be in line with the sustainability concept adopted by the UN and in effect from January 2016.

Keyword tags: EU – Baltic States, Investments, Latvia, Real Estate, Round Table


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