Funds

International Internet Magazine. Baltic States news & analytics Wednesday, 20.08.2014, 13:42

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Obligatory pension funds' asset volume in Estonia grew at record pace in H1

Obligatory pension funds' asset volume in Estonia grew at record pace in H1

19.08.2014

The volume of the Estonian semi-obligatory second pillar pension funds, which are funded partly by the state and partly by people, increased at record pace in the first half of the year 2014, LETA/Postimees Online cites the fresh financial market report of the Financial Supervision Authority.

Keyword tags: Estonia, Financial Services, Funds, Investments, Pensioners



European Structural and Investment Funds in action: case of France

European Structural and Investment Funds in action: case of France

11.08.2014

New EU-France partnership agreement with about € 16 billion from the European Cohesion, Social Fund and fisheries is aimed at investing in human resources in 2014-20. Over € 1.2 billion of this amount will be spent for France's outermost regions. The ESF will focus on the country's most vulnerable people: almost one third of all funding will be dedicated to social inclusion and the fight against poverty.

Estonian Health Insurance Fund deficit 21 mln euros in H1

Estonian Health Insurance Fund deficit 21 mln euros in H1

11.08.2014

The Estonian Health Insurance Fund (EHIF) ended the first half of the year with a higher than planned deficit because the income from the social tax's health insurance part has been lower than forecast, LETA/Public Broadcasting reports.


Latvia reached top in Pension Sustainability Index 2014

Latvia reached top in Pension Sustainability Index 2014

18.07.2014

The global financial services company Allianz unveiled Pension Sustainability Index (PSI), which covers 50 states and places the Estonian pension system on the 11th position; in 2011, Estonia was located on the 13th position in the rankings, LETA/Public Broadcasting reports. Latvian pension system proved to be more sustainable.

EcoMin: Latvia cannot hope to retrieve all funds invested to save the finance system

EcoMin: Latvia cannot hope to retrieve all funds invested to save the finance system

16.07.2014

Latvia cannot hope to retrieve all funds that were invested to save and stabilize the national finance system, Minister of Economy Vjaceslavs Dombrovskis (Reform Party) believes, informs LETA.

16.07.2014

SEB to invest EUR 16.26 mln pension fund assets in Baltic economies

SEB pension fund asset management companies in Latvia, Lithuania and Estonia have teamed up with the leading private equity firm in Baltics BaltCap to invest EUR 16.26 million of pension fund assets in developing Baltic companies through BaltCap Private Equity Fund II (BPEF II), informed BC head of corporate communication at SEB Martins Panke.

09.07.2014

Stadler expects that agreement with Pasazieru vilciens will be signed

Swiss train manufacturer Stadler Rail Group (Stadler) emphasizes that it believes that the train procurement for leasing new electric trains to Latvia's passenger rail company Pasazieru vilciens (PV) has taken place, where the company was deemed the legal winner of the procurement, the company points out in a statement, cites LETA/Nozare.lv.

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