Funds

International Internet Magazine. Baltic States news & analytics Tuesday, 28.07.2015, 08:48

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Lithuania's 2nd pillar pension funds records growth despite turmoil in global financial markets

Lithuania's 2nd pillar pension funds records growth despite turmoil in global financial markets

16.07.2015

Nearly all of the 2nd pillar pension funds operating in Lithuania recorded positive returns in the first half of 2015, while the average change in an investment unit was 4.70%. Since the beginning of the year the value of the net assets of 2nd pillar pension funds has increased by EUR 178.19 million and amounted to EUR 2.044 billion (LTL 7.057 billion), reports LETA/ELTA, referring to the Bank of Lithuania.

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



EU Commission positively evaluates Lithuania's projects for EU investment

EU Commission positively evaluates Lithuania's projects for EU investment

13.07.2015

The European Commission's Supervisory Committee has approved selection criteria of 44 projects administered by Ministries of the Interior, Health, Culture, Transport and Communications that will be financed by the European Union (EU) from the 2014-2020 Financial Perspective, reports LETA/ELTA.

Protection of children’s interests and rights is a priority task

Protection of children’s interests and rights is a priority task

18.06.2015

The Uzbekistan Trade Unions Federation jointly with the concerned ministries and agencies, under support from the International Labor Organization (ILO) at the republican and regional levels, a series of round table meetings were held dedicated to the International Day of Fighting against the Use of Child Labor, reported Federation council of Trade Unions of Uzbekistan IA Jahon.


Commissioner: Latvia can be considered an example with regard to implementation of Cohesion Policy

Commissioner: Latvia can be considered an example with regard to implementation of Cohesion Policy

10.06.2015

Latvia can be considered an example with regard to implementation of the Cohesion Policy, this according to Commissioner for Regional Policy, Corina Cretu, during yesterday’s informal meeting of ministers responsible for the Cohesion Policy, reports LETA.

Investing in EU projects: Council confirms agreement with EP on new fund

Investing in EU projects: Council confirms agreement with EP on new fund

10.06.2015

The Permanent Representatives Committee (Coreper) on 9 June 2015 approved, on behalf of the Council, a compromise agreement on a European fund for strategic investments (EFSI) aimed at stimulating the economy, reports eu2015.lv.

05.06.2015

Baltic States depend more than average on EU support

A fresh KPMG survey shows that in the previous budget period, European Union (EU) structural funds were used most in Central and Eastern Europe by Estonia, followed by Latvia and Lithuania; this in turn means that the Estonian state budget is more dependent on EU subsidies than the average of European countries, LETA/Public Broadcasting reports.

04.06.2015

National Audit Office of Lithuania invited to share its experience with all EU member states

Lithuanian Auditor General Arunas Dulkys met with Walter Deffaa, Director-General, Regional and Urban Policy of the European Commission in Brussels. During the meeting, they discussed public audit areas, which would be relevant in the future not only at Lithuanian, but also at EU level, reports BC the National Audit Office of Lithuania.

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