International Internet Magazine. Baltic States news & analyticsFriday, 03.07.2009, 05:12
EC recommends Latvia curb budget deficit to 3% of GDP by 2012 and supports allocation of second part of loan
02.07.2009.European Commission (EC) today, on July 2. recommended that the Council set the year 2012 as the deadline for Latvia to reduce its budget deficit below 3% of gross domestic product, according to an announcement, made by the EC. Separately, the EC also decided to release the EUR 1.2 billion (LVL 0.84 billion) second installment of the European Union (EU) loan to Latvia to support the economy stabilization program.
Keyword tags: Budget, EU – Baltic States, Financial Services, Latvia, Legislation, Loan
02.07.2009.Retail sales in Estonia were by 16% smaller in May 2009
02.07.2009.Producer prices in Lithuania increased by 0.1% in May
02.07.2009.Unemployment insurance tax in Estonia is raised to 4.2%
02.07.2009.Unemployment level in Latvia the second highest in EU in May
02.07.2009.If becomes leading insurance company in Baltics
02.07.2009.Estonia to transfer to digital broadcasting in June 2010
02.07.2009.Riga Central Market merchants accused of tax evasion
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- 02.07.2009Aizkraukles banka repays EUR 85 mln syndicated loan
- 02.07.2009President of Estonia did not proclaim the changes in the Penal Code
- 02.07.2009Estonian enterprises plan to invest 400 mln kroons into product development
- 02.07.2009Ainars Slesers appointed deputy mayor of Riga
- 02.07.2009Capital tax rate in Estonia is the lowest in the EU
- 02.07.2009Russia pledges to end transit of mazut through Estonia in 2010
- 02.07.2009Minimum wage in Latvia will not be reduced in 2009
- 02.07.2009Nils Usakovs elected as Riga mayor
Swedish EU Presidency: the “Baltic course” is gaining strength
