International Internet Magazine. Baltic States news & analytics
Friday, 04.09.2015, 13:22
Lithuania's National Audit Office has completed the 2014 financial (regularity) audit of the State Treasury, a system managed by the Ministry of Finance that includes the state financial resources, their management, control and accountability, informs LETA.
Keyword tags: EU – Baltic States, Financial Services, Funds, Legislation, Lithuania
The trade unions and employers in Lithuania are going to establish a Guarantee Fund that will be used to pay out additional severance payments to employees, who will have accumulated a longer period of service, reports LETA/ELTA.
By comparing data available from two Russian funds and annual reports of Baltic non-governmental organizations, the Baltic investigative journalism center "Re:Baltica" has found more than forty organizations in the Baltic countries through which at least EUR 1.5 million has been channeled into the Baltic NGO sector from Russia during the past three years, cites LETA.
"BaltCap Private Equity Fund II" has pushed through acquisition of the realty investment management firm BPT Real Estate, which operates in all three Baltic States and Poland, informs LETA.
New private equity fund Livonia Partners Fund I will begin with investing 70 million euros in the Baltic States, writes Äripäev.ee/LETA.
The assets of investment funds registered in Estonia increased in the first half of the year by a record 10%, or 289 million euros; the total assets reached 3.2 billion euros by the end of June, LETA/Postimees Online reports.