International Internet Magazine. Baltic States news & analytics
Tuesday, 27.01.2015, 12:22
Estonian Prime Minister Taavi Rõivas is of the opinion that the proposals of Greece to start negotiating its debt down are inappropriate and all that is borrowed must be paid back, LETA/Public Broadcasting reports.
Keyword tags: Estonia, EU – Baltic States, Financial Services, Legislation, Loan
A total of 463 entrepreneurs were financed by the Entrepreneurship Promotion Fund (VSF) in 2014 in Lithuania, or by 55% more than in 2013. Young people aged up to 29 years old were the most enterprising, reports LETA/ELTA.
An increasing number of Estonian farmers are applying for a grace period in repayment of loans to banks, and the amount of payment defaults of agricultural companies has increased from 1.5 million to 2.3 million euros, LETA/Eesti Päevaleht writes.
Estonian housing loan portfolio grew by 2.8% in 2014, Estonia’s central bank Eesti Pank said in a fresh statement on banking sector statistics for December 2014, reports LETA.
The European Central Bank will also purchase Latvia's bonds and, hopefully, part of the money pumped into the European economy will also reach Latvia and foster bank lending here, as the Bank of Latvia President Ilmars Rimsevics said in an interview with the Latvian State Television this morning, informs LETA.
The statistics of Krediidiinfo (Credit Information) reveals that the turbulent events in the second half of 2014 in the world have not affected the good payment behaviour of Estonian enterprises – the number of companies with debts and the debt sums are at a stable level, LETA/Public Broadcasting reports.
Latvijas Krajbanka administrator KPMG Baltics retrieved EUR 53.1 million last year, according to a review published in the government's official newspaper "Latvijas Vestnesis", cites LETA.