Funds

International Internet Magazine. Baltic States news & analytics Thursday, 06.08.2020, 18:49

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Altum has granted EUR 220 mln to Latvian farmers in loans in 5 years

Altum has granted EUR 220 mln to Latvian farmers in loans in 5 years

03.08.2020

Development Financial Institution Altum in the past five years has granted about EUR 220 million in loans and guarantees, Altum representatives reported LETA.

Keyword tags: Agriculture, Financial Services, Funds, Good for Business, Investments, Latvia, Markets and Companies



Klaipeda port invests EUR 24 mln into infrastructure

Klaipeda port invests EUR 24 mln into infrastructure

30.07.2020

ithuania's port of Klaipeda has invested around 24 million euros into infrastructure this year, and the crisis has not stopped a single investment project, the port's authority reported on July 30th, cites LETA/BNS.

New regulations on direct payments don't allow Latvian farmers reach average EU level

New regulations on direct payments don't allow Latvian farmers reach average EU level

27.07.2020

The new regulations on direct payments to farmers do not allow Latvia to achieve the average EU level, said Juris Lazdins, chairman of Zemnieku Saeima (Farmers' Assembly) NGO, in an interview with the Latvian public television today, informs LETA.


Lithuanian Road Administration fails to find contractor to fix Panemune bypass

Lithuanian Road Administration fails to find contractor to fix Panemune bypass

24.07.2020

The Lithuanian Road Administration has so far failed to find a contractor to fix a defective bypass at Panemune, a small town on the border with Russia's Kaliningrad region, that has remained unused since its completion five years ago, informed LETA/BNS.

European Council president urges MEPs to back recovery package

European Council president urges MEPs to back recovery package

23.07.2020

European Council President Charles Michel on Thursday urged the European Parliament to approve a massive recovery package hammered out at a hard-fought summit that he said was unrivaled in size and ambition, informs LETA/AFP.


22.07.2020

Ministry of Agriculture not satisfied with financing Latvian farmers are expected to receive in next EU planning period

The Ministry of Agriculture is not satisfied with the decisions of the European Council on the European Union's (EU) multi-annual budget funding for Latvian farmers in the 2021-2027 planning period, as Latvian farmers will have a much lower amount of support than farmers from other EU countries, reported LETA.

22.07.2020

Direct payments for Estonian farmers to rise to 80 pct of EU average

European Union direct support paid to farmers in Estonia will rise to a level equaling 80% of the EU average by 2027, the final year of the union's new budget period, writes LETA/BNS.

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