International Internet Magazine. Baltic States news & analytics
Friday, 21.11.2014, 04:16
The Freeport of Riga has still failed to sign an agreement with the second leaseholder of Krievu Island – Riga Central Terminal, and, as Transport Minister Anrijs Matiss (Unity) said in an interview with LETA, if this continues, European Union funds will be lost and the financial burden will lie on the port's budget.
Keyword tags: EU – Baltic States, Funds, Latvia, Legislation, Port, Transport
While European Union financing is almost taken for granted in Estonia, less is known about Swiss and Norwegian aid money, the size of which reaches also tens of millions of euros, LETA/Postimees writes.
Citadele investors include former chairman of the U.S. Federal Reserve, Paul Volcker, and Egyptian billionaire Nassef Sawiris, informs LETA.
The Competition Council has fined construction company RCI Gulbene EUR 125,001 for being involved in a anti-competition cartel for a construction tender, the CC informed members of the press today, cites LETA.
Construction companies carrying out illegal schemes in regard to EU funded procurements found in Latvia06.11.2014
A cartel of construction companies carried out an agreement scheme in Latvia in regard to procurements funded by the European Union funds, disguising the process with fictitious general contractor and subcontractor relations, informs LETA.
While Estonian people are showing more interest towards their retirement assets, the general level of awareness is quite low, Public Broadcasting cites a Swedbank survey.
The Swedish investment fund East Capital Explorer judges that the Baltic countries remain an attractive investment destination and intends to divest a part of its fund holdings to expand operations, writes LETA/Postimees.