International Internet Magazine. Baltic States news & analytics
Monday, 10.03.2014, 20:40
Latvian Pensioners' Federation cancels March 13 nationwide rallies
10.03.2014Today, the board of the Latvian Pensioners' Federation decided to cancel its March 13 nationwide rallies, informs LETA.
Keyword tags: Financial Services, Latvia, Legislation, Pensioners, Strike
Bank of Lithuania trains retailers to recognize euros, identify fake money
10.03.2014This spring, the Bank of Lithuania will train about 600 cash handlers at distribution businesses and postal companies to recognize the future currency's euro banknotes and coins, the national bank of Lithuania said in a statement, cites LETA.
Ektornet: Latvian residents can afford to buy more expensive apartments
10.03.2014Demand for the flats in new projects in Latvia has increased by 37% in 2013, while the average amount per transaction regarding the flats in new projects has increased by 42% within one year, shows the sales data figures of real estate company Ektornet.
Lithuania increases funding for postgraduate studies
10.03.2014The Government of Lithuania has approved state funding for more than 4,600 graduate and 500 postgraduate students for 2014. State funding for postgraduate studies is projected to grow by one tenth, with particular focus on biomedical, physical and technological sciences, reports LETA/ELTA.
Lithuanian based Eurocash1 expects growth due to euro adoption
10.03.2014Company Eurocash1 providing money collection and security services in Lithuania has announced that its turnover grew by 10% in 2013 year-on-year and is projecting further growth, informs LETA/ELTA.
Banks issue 2.38 mln bankcards by end-2013 in Latvia
By the end of the year 2013, banks operating in Latvia had issued a total of 2,384,923 bankcards, reports LETA, referring to the Association of Latvian Commercial Banks data.
Insurer’s Aviva Lietuva new sales grew by 65% in 2013
New sales volume of insurance company Aviva Lietuva grew by 65%, while in premiums it became the second insurance service provider in Lithuania, reports LETA/ELTA.
Bank of Lithuania: official reserve assets amounted EUR 5.9 bln
At the end of February 2014, official reserve assets amounted to LTL 20.4 billion (EUR 5.9 billion). Over the reporting period they declined by LTL 617.3 million (EUR 178 million), or 2.9%, informs LETA/ELTA, referring the Bank of Lithuania.
Swedbank, ABLV Bank and Rietumu banka post largest amounts of deposits at end-2013
Swedbank, ABLV Bank and Rietumu banka had the largest deposit portfolios at the end of 2013, informs LETA, referring to the Association of Commercial Banks of Latvia.
Lithuania's Court announces verdict on compensation of pensions
On Friday, Lithuania's Constitutional Court KT) announced the verdict on the compensation of the reduced pensions, informs LETA/ELTA.
Swedbank, SEB banka and Nordea had largest loan portfolios in Latvia in 2013
Swedbank, SEB banka and Nordea Bank branch in Latvia had the largest loan portfolios in Latvia in 2013, according to data from the Association of Commercial Banks of Latvia, informs LETA.
Largest in terms of assets were Swedbank, SEB banka and ABLV Bank in 2013
The three largest banks in Latvia at the end of 2013, in terms of assets, were Swedbank, SEB banka and ABLV Bank, according to data from the Association of Commercial Banks of Latvia, writes LETA.
Credit Committee of bank Snoras starts searching for new bankruptcy administrator
As the Credit Committee of Lithuanian bank Snoras confirmed the decision to start the process of the selection of the new bankruptcy administrator, the tender for the candidates was announced, informs LETA/ELTA.
Swedbank, Rietumu banka and ABLV Bank most profitable banks in Latvia in 2013
Swedbank, Rietumu banka and ABLV Bank were the most profitable banks in Latvia last year, informs LETA, referring to the Association of Commercial Banks of Latvia data.
Largest share of women – in Riga, smallest – in Burtnieki
There were 1.07 million women in Latvia in 2013, reports LETA/Nozare.lv, referring to the Central Statistical Bureau's data.
A way to progress for the Baltic States: industry and manufacturing 
