International Internet Magazine. Baltic States news & analytics
Wednesday, 26.06.2019, 09:25
Borrowing by households slowed at the start of the year, but it bounced back in April as households were active in taking housing loans and car leases. The corporate loan portfolio has gradually increased in volume and the average interest rate on bank loans has remained at the average level of the past year.
Keyword tags: Analytics, Banks, Direct Speech, Economic History, Estonia, Financial Services
Care facilities for elderly people in Latvia in the context of future globalisation, demography, migration and human resources16.01.2019
In this studyproblems, risks and challenges are pointed out facing long-term social care in relation to demographic and migration trends, with an additional focus on long-term social care services for elderly people. The author has carried out analysis of statistical data, national planning documents, reports and reviews. Domestic and foreign researches in fields related to the specific nature of the study are analysed, as well as conclusions on potential gaps and proposals to address them are made.
The ports of the Baltic Sea are an important gateway to economically successful regions, as well as a gateway of trade between East and West. In Latvia, Estonia, and Finland, the political, cultural, and intellectual elites have concentrated in Riga, Tallinn, and Helsinki. Meanwhile, the only seaport of Lithuania, Klaipėda, is not the capital city of the state.
Negative memories of forced migration during the Soviet occupation hold back a discussion how to fill predicted 35,000 labour gap.
At the Rietumu Bank Gallery, a unique exhibition of antique bicycles and mopeds, produced in Latvia since the late 1920s, has been opened.
On 3 March, the first day of the traditional Kaziukas’ Fair in Vilnius, the Bank of Lithuania will issue into circulation collector coins dedicated to the Fair. Both coins will have the same design, but different denominations: a €1.5 coin from copper and nickel alloy (mintage – 25,000 pcs), and a €5 coloured silver coin (mintage – 2,000 pcs). The €1.5will be sold for €2 at Kaziukas’ Fair, the Bank of Lithuania announced.
he investment holding Infortar, majority owner of the listed Estonian shipper Tallink Grupp, was prepared to pay 80 mln Estonian kroons or approximately 5.4 mln euros in 2007 for the plot of the recently opened Arsenal shopping center in Tallinn which was sold for 1.5 mln euros five years later, Eesti Paevaleht writes.