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Wednesday, 28.01.2015, 06:12
Estonian mezzanine financing provider BPM Capital has established its first investment fund "BPM Mezzanine Fund SICAV-SIF, SCA", which amounts to a total of EUR 70 million, BPM Capital informed LETA.
Keyword tags: EU – Baltic States, Financial Services, Funds, Good for Business, Investments, Markets and Companies
The State Culture Capital Fund in tandem with the Latvian State Forests/Latvijas Valsts mezi/LVM company, in the target area "Cultural Events of National Importance", have allocated EUR 1.31 million for 62 projects in 2015, reports LETA.
The Latvian Guarantee Agency, in collaboration with the Economy Ministry, has unveiled the "Acceleration Fund Program" offering EUR 30 million meant for technology-intensive companies, the agency's representatives informed LETA.
The European Commission decided on Wednesday that the European Union invests more than 3.5 billion euros in the Estonian economy in 2014-2020, Estonian finance ministry announced LETA.
Almost half or 40% Latvian residents in 2014 are saving money which is 5% more than in 2012, according to a survey conducted by Citadele Bank, cites LETA.
Zygimantas Mauricas, Chief Economist of the bank Nordea, who spoke at the Yearly Economic Forum of the Lithuanian Confederation of Industrialists said that Lithuania should sort out its financing priorities from the European Union structural funds, informs LETYA/ELTA.
The Estonian government approved on Thursday law amendments that establish a 60 million euros fund of funds at the state-owned KredEx foundation that will indirectly finance start-up companies, LETA/Postimees Online reports.