In cooperation with http://www.rdmoney.ru

FINANCE

In usual tactic, Russia lashes out at farmers
RIGA - Russia’s ban on imports of Polish vegetables will mean much tougher competition for Latvian producers, as Polish products will be entering the local market in large quantities; for customers this will mean lower prices, yet also lower quality, several experts said to business portal Nozare.lv. This development brings to mind the situation a few years ago when Russia also closed its market. This is bad news for producers, as Poland exports enormous amounts of fruit and vegetables, part of which will now be “thrown” at the Baltic market, resulting in higher competit...  Full story...
 ALREADY A MEMBER?
Subscription
Advertise!
 



 Aug 06, 2014 - Problems mixed in Baltic recovery...
TALLINN- Insufficient demand has become the most overwhelming problem for Estonia’s economy on the basis of assessments made by the experts polled by the Estonian Institute of Economic Research in June, writes Delfi.ee. In the experts’ opinion, the gravity of the problem reaches seven points on a nine-point scale. Similar assessments made in Latvia and Lithuania revealed that in Latvia, the greatest problem is unemployment (6.5 p...
 Aug 06, 2014 - Estonians hold the most cards...
RIGA - Among the three Baltic States, Latvia has the lowest number of payment cards per resident, show Association of Latvian Commercial Banks data, reports LETA. The number of payment cards per resident in Latvia is 1.2; in Lithuania 1.25; in Estonia 1.35. The number of payment cards in Latvia could grow if residents choose additional services, for example, credit cards, said Citadele bank board member Santa Purgaile. She said that cred...
 Aug 06, 2014 - EP confirms Lithuanian entry into eurozone...
VILNIUS - The European Parliament on July 16 confirmed the position of the Economic and Monetary Affairs Committee on Lithuania’s adoption of the euro with a large majority - 545 MEPs voted in favor, 116 against, reports LETA. The country can now join the eurozone on Jan. 1, 2015. “Lithuania fulfills all the criteria. The government and the national parliament have worked hard over the last years,” said MEP Werner Langen,...
 Aug 06, 2014 - Eastern Europe caught in Russian downdraft...
VILNIUS - Investors are punishing many former Soviet bloc nations for their ties to Russia even as these countries, now European Union members, support sanctions on President Vladimir Putin for his actions in Ukraine, reports Bloomberg. After the ruble, currencies from Eastern Europe accounted for five of the six worst-performing emerging-market exchange rates in July, led by Hungary’s forint and Romania’s leu. Stock indexes in B...
 Aug 06, 2014 - Capital structures: Where do we go from here?...
The Latvian government needs to think about how regulatory policies can be used to advantage in the global competition to attract foreign investment The optimality of capital structures, namely the way companies are financed, or more precisely the debt-to-equity ratio, might not seem the most passionate topic to read about. However, how companies are financed could have a significant impact on their valuations. Capital structure influenc...
 Jul 03, 2014 - Business Calendar...
ESTONIA Personal Learning Environments Conference will cover areas like ‘Managing Life Transitions,’ and ‘Formal Learning Contexts: Conflicts and Confluences,’ for both aspiring and high achieving business managers and executives. July 16-18, Venue to be announced, Tallinn LATVIA International Conference on Knowledge Innovation and Enterprise Leading conference dedicated to knowledge, innovation an...
 Jul 03, 2014 - Post-Vilks era worries Rimsevics...
RIGA - Bank of Latvia President Ilmars Rimsevics believes that when current Finance Minister Andris Vilks leaves office the after the next elections, some individuals in government could have the desire to begin spending unearned money, reports LETA. Rimsevics told Latvian Radio on June 10 that Vilks is one of the best finance ministers Latvia has had since the restoration of independence. He emphasized that Vilks has done much to improve ...
 Jul 03, 2014 - Hahn commends Latvia on efforts...
RIGA - Absorption and use of EU funds deserve words of praise, as it has helped Latvia to recover from the financial crisis, European Commissioner for Regional Policy Johannes Hahn said in a press conference at the Cabinet of Ministers after meeting with Prime Minister Laimdota Straujuma in early June, reports LETA. Hahn added that reforms must continue, with a focus on economic growth. He stressed that Europe is moving forward from develo...



 EUROPE INDICES
DAX | Madrid General | Stockholm General | Swiss Market | CAC40 | ATX | BEL-20 | AEX General | OSE All Share | MIBTel
 LATEST NEWS
  • Lithuania signs major gas deal...
    Liquefied Natural Gas (LNG) supply and natural gas trading company Litgas, a part ...
  • Security gears up ahead of Oba...
    Up to 300 defense forces members will be used to provide additional security ...
  • Human traffic victim from Latv...
    A Latvian woman believed to have been trafficked into the UK and imprisoned has be...
  • Lithuania FM in Ukraine for ta...
    Minister of Foreign Affairs of Lithuania, Linas Linkevicius, is paying a visit ...
  • Russia counts cost of Western ...
    Russian Agriculture Minister Nikolai Fyodorov warned Wednesday that Moscow must...
  • Swiss president set to visit E...
    President of the Swiss Confederation Didier Burkhalter will visit Estonia on Mo...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.