International Internet Magazine. Baltic States news & analytics
Wednesday, 07.12.2016, 22:12
- The former leader of the Center Party, Edgar Savisaar, searched for opportunities as recently as in 2014 to get money for the Center Party's pre-election campaign from the Kremlin sponsored ruling party of Russia, Postimees said in its Wednesday edition citing LETA/BNS.
Keyword tags: Baltic States – CIS, Democracy , Estonia, Financial Services, Funds, Russia, Society
The volume of real estate funds has doubled since the start of 2015 to 321 million euros at the end of 2016, the Bank of Estonia reports citing LETA/BNS.
During a follow-up public offering of Baltic Horizon Fund, a recently listed closed-end real estate fund, investors subscribed units worth 20.6 million euros and the fund has decided to allocate each investor all units they subscribed for.
Estonian commercial real estate fund manager Eften Capital in 2016 invested 140 million euros in commercial properties, reports LETA/BNS.
In November 30, 2016 Ministry of Transport of Latvia is organizing international conference “Progress of project Rail Baltica/Rail Baltic 2016”. Ministry representatives and project implementing parties will discuss project progress in every Baltic country assuring unity of the Baltic states in Rail Baltica/Rail Baltic project implementation, BC informs conference organizers.
Latvia has been looking at several possible scenarios that might follow Great Britain’s exit from the European Union, and the mostly likely one suggests that the size of EU funding available to Latvia will contract by some EUR 52-56 million in 2019 and 2020, informs LETA/BNS.
New Commission’s start-up and scale-up initiative aims to give EU’s innovative entrepreneurs additional opportunities to become European-world leading companies. It pulls together all the possibilities that the EU already offers and adds a new focus on venture capital investment, insolvency law and taxation.