EU – Baltic States

International Internet Magazine. Baltic States news & analytics Wednesday, 22.11.2017, 07:36

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Pan-European instant payments infrastructure launched

Pan-European instant payments infrastructure launched

22.11.2017

With the instant payment system RT1 of EBA Clearing, a company established by European banks, going live yesterday, the pan-European instant payments infrastructure is being launched, the Bank of Latvia reported LETA.

Keyword tags: Banks, EU – Baltic States, Financial Services, Latvia, Legislation



Minor differences found between imported food products sold in Latvia and other countries

Minor differences found between imported food products sold in Latvia and other countries

22.11.2017

The Food and Veterinary Service has found insignificant differences between imported food products sold in Latvia and the same products sold in other countries, Ilze Meistere, head of the Food and Veterinary Service's Public Relations Department, told LETA.

Collaborative problem-solving skills of Estonian pupils the best among EU OECD member states

Collaborative problem-solving skills of Estonian pupils the best among EU OECD member states

22.11.2017

Estonian 15-year-old students achieved the best score among European countries in a global PISA collaborative problem-solving assessment based on data for 2015, informs LETA.


Gastronomic performance Latvian Senses awarded as second best culture events in 2017

Gastronomic performance Latvian Senses awarded as second best culture events in 2017

22.11.2017

The series of events Latvian Senses created for the Riga-Gauja region and its title European Region of Gastronomy 2017 received the award of the second best culture event in 2017 at international BEA World Festival in Portugal, informed LETA the Riga Tourism Development Bureau (RTDB) representative Anna Blaua.

Enterprise Estonia: restrictions on foreign workforce obstacles for foreign investments

Enterprise Estonia: restrictions on foreign workforce obstacles for foreign investments

22.11.2017

Enterprise Estonia on Monday introduced to the foreign affairs committee of the Estonian parliament the problems of attracting foreign investments to Estonia, the biggest of which is restrictions on the foreign workforce, reports LETA/BNS.


22.11.2017

Citycon starts renovation of Kristiine shopping center in Tallinn

The Finnish operator of shopping centers Citycon on Tuesday started the renovation works in the Kristiine shopping center, which are to result in the construction of the O'Learys entertainment center by spring and the updating of the center's exterior and interior within two years, reports LETA/BNS.

22.11.2017

SCAT Airlines to launch Vilnius-Astana route in spring

Kazakhstan's SCAT Airlines is set to launch a direct air route between Vilnius and Astana in May 2018, informs LETA/BNS.

21.11.2017

Latvia ahead of the neighbors in global paying taxes rankings

Lithuania climbed to 18th place, from 27th a year ago, among 190 countries across the globe in terms of the ease of paying taxes, according to the latest study by PwC and the World Bank Group. Lithuania, however, is outperformed by both Latvia, ranked at number 13 in the Paying Taxes 2018 report, and by Estonia, at number 14, reports LETA/BNS.

21.11.2017

Molumba wins architectural competition for Lidl store in Narva

The architectural competition for the building of the German global discount supermarket chain Lidl to be built in Narva, the largest city in northeastern Estonia, was won by the entry of the firm of architects Molumba titled "Blue Velvet," regional newspaper Pohjarannik said, cites LETA/BNS.

21.11.2017

Renovation of embassy in Rome to cost Lithuania over EUR 2 mln

It will cost Lithuania a lot of money to relocate its embassy to premises in a historic palace in Rome, with 150,000 euros already spent on replacing the windows and shutters alone, the daily Lietuvos Zinios reported on November 21st, cites LETA/BNS.

21.11.2017

Mini series filmed in Lithuania nominated for Emmy

A five-part historical drama Tokyo Trial that has been filmed in Lithuania was nominated for an Emmy award in the category of mini series, informs LETA/BNS.

21.11.2017

All Media Baltics signs TV broadcast services agreement with Encompass

Media group All Media Baltics (AM Baltics) has signed a long-term agreement with global technology company Encompass Digital Media (Encompass) on the delivery to the media group’s TV content, Laima Kristapsone, a representative of All Media Latvia (AM Larvia), told LETA.

21.11.2017

Nordic Capital: Latvia occupies the 17th place in the country ranking of brain business jobs

ECEPR just released the report "The Geography of Europe's Brain Business Jobs" by Dr. Nima Sanandaji and Prof. Stefan Fölster. The report is financed by the investment firm Nordic Capital.

21.11.2017

Sales of Latvian Elko Grupa grew by 13.6% in 9 months

Turnover of Latvia’s IT wholesaler Elko Grupa in the first nine months of this year was EUR 955.031 million, which is by 13.6% more than in the respective period last year, while the concern’s profit rose 11.3% to EUR 6.364 million, writes LETA, according to the company’s statement to the Nasdaq Riga stock exchange.

21.11.2017

New CEO of Nordecon planning to expand company in Scandinavia

Gerd Muller, who is to assume the position of CEO of the listed Estonian construction company Nordecon on Jan. 8, is planning to strengthen the company's present operations and expand it on Scandinavian markets, informs LETA/BNS.

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