Funds

International Internet Magazine. Baltic States news & analytics Sunday, 29.03.2015, 16:40

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EUR 80 mln support from EU to be provided for Latvian companies' modernization

EUR 80 mln support from EU to be provided for Latvian companies' modernization

26.03.2015

Companies will have access to EUR 80 million for modernization purposes as part of the European Union's (EU) funding program for the period until 2020, the Economy Ministry informed LETA.

Keyword tags: EU – Baltic States, Funds, Good for Business, Investments, Latvia, Markets and Companies



EUR 100 mln from EU funds available to Latvia could be absorbed in 2015

EUR 100 mln from EU funds available to Latvia could be absorbed in 2015

18.03.2015

In 2014, Latvia absorbed EUR 13.5 million available from the European Union's structural and cohesion funds for the 2014-2020 period, but this year the amount could exceed EUR 100 million, according to the Finance Ministry's estimates, cites LETA.

Lithuania's efforts to timely absorb 2007-2013 EU support funds are commended

Lithuania's efforts to timely absorb 2007-2013 EU support funds are commended

17.03.2015

On Monday, 16 March 2015, Prime Minister Algirdas Butkevicius met with Rasa Budbergyte, Member of the European Court of Auditors, and was introduced to the annual report on implementation of the European Union budget, informs LETA/ELTA.


Latvian EcoMin: delays in absorption of EU funds due to bureaucracy

Latvian EcoMin: delays in absorption of EU funds due to bureaucracy

12.03.2015

Utilization of the European Union's funds has once again got delayed, mostly due to too excessive bureaucracy, as Economy Minister Dana Reizniece-Ozola (Greens/Farmers) said in an interview with "Rietumu radio" yesterday, reports LETA.

In 2014, number of pension scheme members grows in Lithuania

In 2014, number of pension scheme members grows in Lithuania

06.03.2015

The number of Lithuanians, who accumulate pensions in the second and third pillar pension funds, grew to record heights in 2014, reports LETA/ELTA.

03.03.2015

Baltic Opportunity Fund acquires the Europa shopping mall in Vilnius

Baltic Property Trust Secura A/S, which is currently in voluntary liquidation has completed the sale of its largest property – Europa shopping mall in Vilnius. The asset has been acquired by the Baltic Opportunity Fund, which is managed by Northern Horizon Capital. The value of the deal is not disclosed.

26.02.2015

EUR 30 mln of EU funds available for facilitation of Latvia's exports

Latvia will have access to EUR 30 million of the European Union's funds in 2014-2020 for the purpose of improving the country's export performance, the Economy Ministry informed LETA.

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