International Internet Magazine. Baltic States news & analytics
Saturday, 30.04.2016, 14:13
Parliamentary Secretary, Ministry Edgar Putra thinks that the bank or the financial services industry Latvian should evolve in quality, rather than quantity direction, so that Latvia, like Switzerland, after some time be able to say that our banks work as precisely as a Swiss clock. Politician points to the important role of banks in economic growth, while developping loans.
Keyword tags: Analytics, Banks, Direct Speech, Economics, EU – Baltic States, Financial Services, Latvia
The Baltic States should not hesitate with the agreement on Rail Baltica project for construction of the European standard-gauge railroad that would establish a direct connection between the Baltic States and the European railway network, said Catherine Trautmann, European Coordinator for the North Sea–Baltic core network corridor, in an interview with LETA.
President Dalia Grybauskaite met with Cecilia Malmstrom, EU Commissioner for Trade, to discuss the Transatlantic Trade and Investment Partnership negotiations between the EU and the United States and the EU’s relations with the Eurasian Economic Union, reported BC presidential press service.
Studio Libeskind has won an international competition organized by Lords LB Asset Management to design a new 40-million-euro commercial complex in Konstitucijos Avenue, on the right bank of the Neris River in Vilnius, the investment management company said on April 29th, cites LETA/BNS.
The Estonian government has decided to reduce in 2017 the fees related to oil shale mining but to do it through refunding the fees paid in previous years, informs LETA/BNS.
A new name of skilandis, a smoked meat product, has been included in the European Union's Register of Traditional Specialties – it will be called the Lithuanian Skilandis from now on, informs LETA/BNS.
Estonian companies in 2015 produced x 200 million euros' worth of ready-made foods of which almost a half was exported, it appears from a survey by the Ministry of Rural Affairs, reports LETA/BNS.
On Thursday, 28 April, Prime Minister Maris Kucinskis met Stephan Weil, Prime Minister of Lower Saxony in Hannover, informed BC press secretary to the Prime Minister Andrejs Vaivars.
The Office for Citizenship and Migration Affairs (OCMA) has decided to grant alternative status to the first two refugee families, which arrived from Greece to Latvia at the beginning of February as part of the EU's refugee relocation program, LETA was informed by the OCMA.
Maxima Grupe (Maxima Group), the operator of the largest retail chain in the Baltic countries, is strengthening its position in Bulgaria – it intends to take over 12 stores of the German-capital retail chain Penny that is leaving the market, informs LETA/BNS.
On April 28th evening, the next 12 refugees to be settled in Estonia under the European Union's migrant relocation program arrived in Estonia from Greece, informs LETA/BNS.
On Thursday, 28 April, at the Hannover Messe in Germany, Prime Minister Māris Kučinskis opened Latvia’s national stand at the world’s most significant industrial trade fair, informed BC PM’s press service.
The Estonian government has decided to raise to 40,000 euros the annual turnover threshold beyond which businesses are obliged to register as value added tax (VAT) payers, informs LETA/BNS.
EUR 11.48 million from the EU Cohesion Fund have been earmarked for Riga International Airport in the programming period 2014-2020 in order to reduce the airport’s impact on the environment, improve security and increase the energy efficiency of the airport’s infrastructure, informs LETA.
Developers of the Balticconnector gas pipeline between Estonia and Finland, Elering and Baltic Connector Oy, on Wednesday filed with the European Commission an application for cofinancing from Connecting Europe Facility, which is a precondition for the project developers in making the final investment decision, informs LETA/BNS.