International Internet Magazine. Baltic States news & analytics
Tuesday, 03.03.2015, 09:21
In 2015, Latvia's economic growth will be similar to that of 2014, as the head of the IMF mission in Latvia Shekhar Aiyar told a press conference today, cites LETA.
Keyword tags: Analytics, Baltic States – CIS, Economics, EU – Baltic States, Investments, Latvia
In order to protect Latvia's information space, politicians are planning to create a Russian-language television channel for Latgale province, the Latvian Television show "De facto" reported on Sunday, cites LETA.
About 100 organizations in Latvia receive money from Russia to implement Russia's compatriot policy, according to the TV3 show "Neka personiga", referring to the Security Police, informs LETA.
Taking into account various risks, as well as lower prices for energy resources, the Finance Ministry has updated its macroeconomic forecast for 2015 and reduced Latvia's growth projections for 2015 from 2.8% to 2.1%, reports LETA.
The Latvian commercial bank Trasta komercbanka concluded 2014 with losses in the amount of EUR 9.79 million, informs LETA.
Estonian fashion and retail company AS Baltika ended the year 2014 with a 1.26 million euro loss but the loss was generated manly by operations discontinued by now, LETA/Public Broadcasting reports.
After meetings with the Russian side regarding mutual cooperation in the transportation sector, it can be concluded that a substantial reduction in cargo turnover is not expected this year, Transport Minister Anrijs Matiss (Unity) told LETA.
A total of 1,122,926 visitors stayed at hotels and other accommodations in Riga in 2014, which represents a 15.6% increase on 2013. The total number of tourists visiting the city reached 2 million last year, according to information from the Central Statistical Bureau, tabulated by the Riga Tourism Development Bureau.
In the export of Estonian agricultural produce and food products, the share of the European Union increased in 2014, Äripäev.ee cites the Ministry of Agriculture.
Transport Minister of Latvia Anrijs Matiss, who spent yesterday in Moscow, took the opportunity to invite his Russian counterpart – Maxim Sokolov – to the III ASEM Summit in Riga at the end of April 2015, informs LETA.
On the 28th of February the second deadline of entry submission to VII International advertising and marketing Festival White Square is upcoming. Those who will submit the entries till the 28th will have more profitable conditions.
On February 24 in Washington, DC, Minister of Foreign Affairs of Lithuania Linas Linkevicius and Chief Advisor for European Affairs to President Charles A. Kupchan discussed immediate response to violations of Minsk Agreements, Lithuania's MFA reports BC.
According to the provisional data of Statistics Lithuania, in IV quarter 2014, accommodation establishments received 501.2 thousand guests, or by 4.4% more than in the same quarter of 2013.
The Russian government's legislative committee approved the draft bill, submitted by the Russian Ministry of Foreign Affairs, about the Russian-Estonian border agreements, LETA/Public Broadcasting reports.
The European Union's relations with Belarus have begun to normalize, but not to improve, as Maira Mora, head of the EU delegation to Belarus, said in an interview with LETA.