International Internet Magazine. Baltic States news & analytics
Sunday, 05.07.2015, 17:57
Vice-President of the European Central Bank (ECB) Vitor Constancio who is attending a conference at the Bank of Lithuania says that the referendum in Greece will have a huge impact on potential agreement between Athens and its creditors, reports LETA/ELTA.
Keyword tags: Economics, EU – Baltic States, Financial Services, Legislation, Lithuania
Prime Minister Algirdas Butkevicius says that Lithuania's GDP growth has not met projections because export still cannot recover from the embargo imposed by Russia, reports LETA/ELTA.
In an interview with Latvian Television today, former Latvian Finance Minister Andris Vilks said that every EU country is trying to help Greece as much as they can, but that Greece's behavior is the most shameless the EU has ever witnessed. ''They are trying to screw everyone over,'' said Vilks, cites LETA.
The Commission is further delivering on the initial top priority of creating jobs and boosting growth in EU; this time it unveils about €13.1 billion investment into 276 transport projects, selected under the Connecting Europe Facility (CEF). This investment is expected to unlock additional public and private co-financing for a combined amount of €28.8 billion. In the Baltic States Rail Baltica project is eligible for the funding.
Due to Latvia's strong fiscal position, international ratings agency Standard&Poor’s has kept Latvia's rating at ''A-'' with a stable outlook in July 2015, reported BC the Latvian Institute.
The collector coins issued in Latvia have very successfully participated in the 9th International Commemorative (Collector) Coin Contest Coin Constellation 2015, as the Bank of Latvia's press secretary Janis Silakalns told LETA.
From September 1, 2015, Swedbank Estonia will significantly raise the prices of some services, such as bank transactions in bank offices and via telephone banking, writes Postimees Online, reports LETA.