International Internet Magazine. Baltic States news & analytics
Saturday, 30.08.2025, 20:54
Bankruptcy of Snoras gets recognised in Switzerland
Neil Cooper, Bankruptcy Administrator of BAB Bankas Snoras (in Bankruptcy) has confirmed that on 19 July 2012, the bankruptcy of the bank was recognised in Switzerland by FINMA, the Swiss Financial Market Supervisory Authority, the bank said in a statement.
White list of Latvian companies promulgated
Power utility Latvenergo, retailer Rimi Latvija and construction company Arcers have been included on the so-called white list of companies.
Latvians in Ireland urge to extend ambassador's term of office
Several Latvian public organizations in Ireland have sent a letter to Foreign Minister Edgars Rinkevics (Reform Party), urging to extend Latvian Ambassador to Ireland Peteris Karlis Elferts' term of office, the portal Baltic Ireland reports.
Plavins and coach Birzulis to receive LVL 4,000 each from Riga City Council
In addition to a cash bonus from the state for winning the bronze medal at the Olympics, Latvian beach volleyball player Martins Plavins and coach Aigars Birzulis will also each receive LVL 4,000 from the Riga City Council.
EUR 0.3 bln cash recovered for benefit of Snoras' creditors
Neil Cooper, Bankruptcy Administrator of Snoras bank (in bankruptcy) has confirmed that as of 31 July 2012 over LTL 1.1 billion (EUR 0.3 billlion) cash has been recovered and realised for the benefit of creditors, the bank said.
Estonia to assist Georgia in fighting against cyber-crime
The Ministry of Foreign Affairs will provide 64,378 euros to fund the activities of the Police and Border Guard Board that are directed to enhancing Georgia’s ability to prevent and solve cyber-crime, writes LETA/National Broadcasting.
Lithuania will represent Denmark when issuing Schengen visas in Yerevan
On August 15, the agreement on the reciprocal representation for the issue of Schengen visas between Ministries of Foreign Affairs of the Republic of Lithuania and the Kingdom of Denmark will enter into force, under which Lithuania will represent Denmark in Yerevan, the capital of the Republic of Armenia.
Lukashenko swears to punish Lithuania for teddy bear plane
President of the Republic of Belarus Alexander Lukashenko said on Thursday that neighbouring Lithuania will be punished for the teddy bear stunt, reports Belarusian Belta.
CPB will not request Latvian Judge Strazds held in custody
The Corruption Prevention Bureau (CPB) will not request the chief judge of the Riga Zemgale District Court Ziedonis Strazds, who was detained by the CPB on Tuesday on suspicion of aiding and abetting a crime and/or abuse of high position, held in custody as a security measure.
Municipal waste management in EU strives for urgent solution
European Commission published a new report (Brussels, 7 August 2012) on how the member states manage their municipal waste. It shows startling differences across the EU. The report grades the EU-27 states against 18 criteria, using green, orange and red flags in areas such as total waste recycled, pricing of waste disposal, and infringements of European legislation.
Marijuana garden discovered near Tallinn
The North Prefecture's drugs task force found a marijuana field with 300 plants in Rae municipality outside Tallinn, the Estonian national broadcasting corporation ERR reports.
Estonian Government to fund IT projects with 4.7 mln euros
The Government of Estonia approved on Thursday of the plan for developing the information society during the years 2012-2013 and support 15 new IT projects with a total of 4,667,396 euros, writes LETA/National Broadcasting.
Brussels does not need Lithuanian production
Lithuanian farmers and businessmen who relied on the rules of financial support that had been operating for five years and invested in afforestation of sprouts used for biofuel, just three days before the start of application admission were told that nobody will cover their costs.
Jõhvi and Narva policemen exchanged their language and work environment for a month
Twenty employees of the East Prefecture of the Police and Border Guard Board whose mother tongue is different than Estonian will spend a month living and working in Rakvere and Iisaku to improve their Estonian language skills with support of the Integration and Migration Foundation Our People (MISA), MISA said in a statement.
Estonian State Real Estate Company earned 9.2 mln euros in profits in H1
The State Real Estate Company earned a profit of 9.2 million euros with the generated turnover of 61.2 million euros in the first half of 2012, writes LETA/National Broadcasting.