International Internet Magazine. Baltic States news & analytics
Tuesday, 31.03.2015, 14:19
Fitch Ratings has affirmed Lithuania's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'A-'. The outlooks are stable. The issue ratings on Lithuania's senior unsecured foreign and local currency bonds have also been affirmed at 'A-', writes LETA/ELTA.
Keyword tags: Analytics, Economics, Financial Services, Investments, Lithuania, Rating
With declining export and weakening economic growth, household consumption is becoming an ever increasing factor of economic growth. Having reached its peak ever since late 2007, consumer confidence provides hope that the negative influence of declining export to the Commonwealth of Independent States (CIS) may be at least partially counterbalanced by growing consumption. On the other hand, it seams that Lithuanians will tend to save more this year, says Chief Economist of Swedbank, Vaiva Seckute, cites LETA/ELTA.
Russia is using measures whose purpose is to destabilize the situation in the Baltic region: Lithuanian president's office agrees with this statement, informs LETA/ELTA.
Everyone should pay for the Liquefied Natural Gas (LNG) terminal, which ensures Lithuania's energy security, not only district heating consumers, says the Lithuanian District Heating Association (LSTA). According to providers of heating, it is unfair that the geopolitical LNG terminal project has to be paid for only by heating consumers, mostly residents of Vilnius, who use district heating, informs LETA/ELTA.
Director of the Second Investigation Department under the Ministry of National Defence (AOTD), Alvydas Siuparis, says that extremely complex spyware was used to spy on the computer infrastructure of Lithuanian institutions, informs LETA/ELTA.
Dainoras Bradauskas has won the Monday's tender to head the Lithuanian State Tax Inspectorate under the Ministry of Finance (VMI). A total of 5 candidates participated in the competition, even though 11 had registered to take part, informs LETA/ELTA.
The Baltic traders' alliance Aibe consolidated turnover in Latvia and Lithuania reached EUR 409 million in 2014, which is 18% more compared with 2013, CEO of Latvian traders' co-op Aibe Uldis Priekulis informed LETA.