Funds

International Internet Magazine. Baltic States news & analytics Monday, 24.07.2017, 19:34

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Smart specialisation and innovative-led growth in the EU states

Smart specialisation and innovative-led growth in the EU states

21.07.2017

The Commission intends to shape a broader approach to boosting innovation-led growth in the EU. Thus, it is proposing a new set of actions to further help Europe's regions invest in their niche areas of competitive strength (so-called "smart specialisation") and generate the needed innovation, resilience and growth. The Baltic States have to find their sectors of growth, i.e. niche areas of competitive strength.

Keyword tags: EU – Baltic States, Financial Services, Funds, Good for Business, Innovations, Legislation, Modern EU, Technology



Ilves: EU funding doesn’t fit for supporting new forms of enterprise

Ilves: EU funding doesn’t fit for supporting new forms of enterprise

14.07.2017

The current European Union funding mechanisms for business are not suited for supporting contemporary forms of entrepreneurship, former Estonian president Toomas Hendrik Ilves said in an interview, cites LETA/BNS.

Capital of Latvia's private pension funds grows by 4.7% in H1

Capital of Latvia's private pension funds grows by 4.7% in H1

14.07.2017

During the first six months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 17.766 million or 4.7% to EUR 398.363 million, reports LETA, according to the information released by the Latvian Association of Commercial Banks.


LETA, DW receive EUR 437,500 from Google for development of automated dubbing platform for video

LETA, DW receive EUR 437,500 from Google for development of automated dubbing platform for video

13.07.2017

Latvian national information agency LETA and German public broadcaster Deutche Welle (DW) have received financing worth EUR 437,500 from Google Digital News Initiative (DNI) Innovation Fund for development of automated translation and dubbing platform for video news, LETA Research Laboratory representative Renars Liepins reported.

EU support to Rail Baltica shouldn't end after 2020

EU support to Rail Baltica shouldn't end after 2020

12.07.2017

Karolis Sankovskis, the new CEO of Rail Baltica Statyba (Rail Baltica Construction), a subsidiary of Lietuvos Gelezinkeliai (Lithuanian Railways), hopes that the European support to the Rail Baltica European-gauge railway will not end after 2020, as the Baltic states have shown progress in the project, informs LETA/BNS.


10.07.2017

EU Commission pleased with management and control of EU funds in Latvia

The European Commission is satisfied with management and supervision of European Union funds in Latvia, and is confident that utilization of EU funds in Latvia is correct and in accordance with financial management principles, the Finance Ministry told LETA.

07.07.2017

EfTEN fund sold commercial building in Riga to Colonna investors

EfTEN Kinnisvarafond AS sold commercial building at Stabu 10/4 located in Riga, Latvia to real estate investment company Colonna Varahaldus. Transaction price is not to be disclosed according to agreement between the parties, informed BC press service of the fund.

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