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ANALYSIS

Low cost dining pushes out chic gourmet restauran...
Low cost dining pushes out chic  gourmet restaurants
DISAPPEARING CUSTOMERS: Stanislov Kizenevic laments the loss of gourmet aficionados, who instead of ...
KLAIPEDA - With the economic crisis forcing people into a saving mode, many are tightening up by putting off a luxurious purchase or a trip. However, for the fussy eater, relinquishing habits of savoring the gastronomic pleasures at a fine restaurant may be the hardest thing to do. As restaurants slash their prices and menus are adjusted to diners’ thrifty budgets, this might seem to be good news for everyone. Nevertheless, the restaurant industry laments its over 30 percent turnover decline in 2009. “As far as I hear from my colleagues, sales in many restaurants have gone dow...  Full story...
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 Mar 18, 2010 - DEAC connects Eurasian companies with success...
DEAC connects Eurasian companies with success
The Baltic’s largest data center operator, IT company DEAC, has assigned the global and ambitious goal of becoming a stable and reliable bridge linking Asia and Europe, thereby helping enterprises to operate globally. DEAC already offers a full range of integrated IT solutions to almost 2,000 customers from 20 countries around the world. DEAC CEO Andris Gailitis talks about future plan...
 Mar 17, 2010 - Estonia’s Olde Hansa expands market share...
Estonia’s Olde Hansa expands market share
TALLINN - There are exceptions to all rules, such as the one that has Olde Hansa restaurant expanding its business, in spite of the economic crisis. Even some popular restaurants have closed their doors, such as Pegasus. Others keep expanding, such as Bonaparte, which has opened new business lunch restaurants. Gastronomy Awards Society of Estonia nominated the Silver Spoon to the Ammende Villa ...
 Mar 10, 2010 - High expectations for incineration plants as new l...
High expectations for incineration plants as new landfills fill up
KLAIPEDA - With Lithuania’s EU membership, the country has committed itself to meeting its waste management and environment protection requirements, but the policy-making may be the toughest when it comes to the ordinary people’s mindset. Only 15 percent of Lithuanians meticulously sort out secondary raw material and properly use the three-color containers, designed for a certain ki...
 Mar 04, 2010 - One for all, and all for one...
One for all, and all for one
RIGA - The IMF was in Riga in February to consider the release of 200 million euros in the latest tranche (of which it approved) in the 27-month bailout loan package totaling 7.5 billion euros. The next part of the package, 500 million euros to be extended from the EU, is expected to be released later this month. So far, Latvia has received 3.5 billion euros of the total. Teams of lenders reg...
 Mar 04, 2010 - Downturn to clean up construction sector of casual...
Downturn to clean up construction sector of casual entrepreneurs
KLAIPEDA - Towering glassy Lithuanian-size skyscrapers and popped up eye-catchingly bright maisonettes and houses on the outskirts purport to show the glory of the recent construction boom. However, with the real estate bubble having burst in the aftermath of the overheated economy, the construction looms soulless. Developers and real estate agents scramble in search of tenants nevertheless, wi...
 Mar 18, 2010 - Houdini and immigration: Latvi...
A very strong characteristic of the Baltic people is how they are united about preserving their cultural heritage, language, and society resulting ...
 Mar 10, 2010 - Step Right Up, Folks!...
Last week Latvia’s parliament, the Saeima, amended the country’s immigration law with the stated aim of bringing greater investments in...
 Mar 10, 2010 - Total waste management falls b...
RIGA - “Waste management,” not “throwing out the garbage,” is the politically correct term, and process, today, for handlin...
 Mar 04, 2010 - Grybauskaite’s phenomenon...
President Dalia Grybauskaite is the first Lithuanian president whose portrait can be found on T-shirts in Lithuanian shops. Her popularity is indee...
 Mar 04, 2010 - Qualities of Statesmanship – ...
Following my recent column - To be, or not to be, the next president of Estonia - readers have raised the important question: Are there any potenti...
 Feb 25, 2010 - Oligarchs and economic develop...
Like other social sciences, economics is subject to an ideological cycle, subordinated to the appearance of crisis. Until the 1930s, classical libe...
 Feb 25, 2010 - Like a dog and a haystack, so ...
The EU established guidelines for the common immigration policy during the Tampere Summit in 1999. It was a time when Riga and Vilnius, two years a...
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