International Internet Magazine. Baltic States news & analyticsThursday, 09.09.2010, 15:37
Auditor General: Latvia improved macro-indicators, but the economy is not developing
09.09.2010"We have improved macro-indicators, the flow of money has increased, but the economy is not developing," said Auditor General Inguna Sudraba in an interview with Latvian State Radio.
Keyword tags: Analytics, Economics, Financial Services, Interview, Latvia
It’s the Economy...
06.09.2010Back in 1992, Bill Clinton won the U.S. presidential election because his top campaign advisor James Carville made everyone in the Clinton campaign repeat one sentence every morning when they woke up: “It’s the economy, stupid”. This was an internal campaign theme intended to remind everyone that the number one priority of the election and the country was the economy, and how to make it better.
Aivar Rehe: unemployment rate needs to be taken below 10% as soon as possible in Estonia
30.08.2010The CEO of Sampo Pank Aivar Rehe stated that the global financial sector expects Estonia to promptly lower the unemployment rate below 10%, writes LETA/National Broadcasting.
Estonian food and wine culture is on rise
24.08.2010Estonians are very keen on exquisite cuisine and tasting good wine, and the country, although not-being a grape grower, offers wide selection and variety of wines in public catering places and retail points. Estonia now has a lot of proficient chiefs who add to development of the local cuisine, the head of Estonia-based restaurant Negossiant which offers around 750 different wines Heiko Hiller told during a conversation with The Estonian Free Press.
Maris Lauri: it is yet early for Estonia to rejoice over economic growth
19.08.2010Analyst of Swedbank Estonia Maris Lauri stated that while the economic growth indicates that the crisis is over, it is difficult to further increase exports and not all problems have been put behind, writes LETA/National Broadcasting.
AVALON HOTEL in Riga – travellers choice of the year
Design hotel in the heart of Riga – AVALON HOTEL 4**** welcomes guests to a unique summer roof terrace with panoramic view of Old Town.
Konstantin Korkelia: Georgia is grateful to Latvia for sharing experience in the process of reformation
Ambassador of Georgia to the Republic of Latvia, Professor Konstantin Korkelia tells about radical economic reform process in Georgia. According to him Georgia transformed to the liberal economy with requisite conditions necessary for conducting business activities by local entrepreneurs as well as foreign investors. His Excellency talks about experience exchange between Georgia and Latvia in the process of economic and political reformation.
Aavo Heinlo: crisis brought natural selection process in Estonia
Aavo Heinlo, the analyst at Statistics Estonia, put forward advantages of the economic recession in Estonia being a kind of natural selection process in the economy, LETA/BBN reports.
Foreign Minister: I hope that crisis has taught Latvia to better formulate needs
This interview with Latvia’s Foreign Minister Aivis Ronis was given BC by the Latvian Institute, and it was published in “Diena” on July 23, 2010.
Uspaskichas: Lithuania may become insolvent already in the end of 2011 or in the middle of 2012
Member of the European Parliament, Leader of the Labour Party Viktoras Uspaskichas predicts that already in the end of 2011 or in the middle of 2012 Lithuania may become insolvent. He regrets that instead of taking advantage of the economic leverage and earning money for the country, the Government of Andrius Kubilius started speaking about extension of the retirement age.
Kraft: euro will bring new opportunities to Estonia
CEO of Nordea Estonia Vahur Kraft stated that the adoption of the euro will bring a number of new opportunities for the Estonian economy as well as for the entire society, writes LETA/EPL Online.
Hardo Pajula: Estonian private sector is heavily indebted
The private sector of Estonia is quite heavily indebted at present, but it does not affect the eurozone accession outlook for Estonia, at least not directly, Hardo Pajula, the analyst of SEB, said during the interview to Estonian Free Press.
Slesers plans to achieve Riga Freeport cargo amount of the record year 2009
It has been a year since Ainārs Šlesers occupies the position of the Chairman of the Board of the Freeport of Riga Authority. As to the former Minister of Transport, the work specificity of port management is well-known to him, and it is probably the previous experience that has been the basis for determined and fruitful development of the port, informed BC press service of the port.
The tasks of the Ministry of Environment in the process of managing ecological security in Poland
The development of civilization and social causes that still reveal new elements of state security. After the political-system-transformation of the Polish economy, the traditional type of military security is also joined by other forms of security. This forces the need for another new look at security as a conceptual category in the theory and practice of socio-economic life of each country. In 1991, Barry Buzan identified five key areas of security: military, political, social, economic and ecological. Among these levels of safety ecological security deserves for special attention.
Free movement of services: additional consultations in the EU
