Audit shows government botched Parex rescue

RIGA - Results of the State Audit Office's report on the Parex bank takeover deal by the Latvian sta

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Recent rally not fully based on fundamentals

TALLINN - The strong rally in the Baltic states' stock markets sparked by TeliaSonera's bid for the

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Company briefs - 2009-09-23

The animated film "Ice Age 3, Dawn of the Dinosaurs" is the top-grossing Hollywood film in Latvia, r

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TeliaSonera gets its prize

TALLINN - The Estonian government has in principle decided to sell its minority stake in the telecom

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Banks rein in lending as losses mount

RIGA - Bank credit in the Baltics may come under additional pressure as Nordic banks, including Nord

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Fortumo looks East for new markets

TALLINN - Estonia's mobile phone-service innovator Fortumo plans to expand sales to Asian markets, s

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Money managers suffer as spare change dries up

TALLINN - GILD Bankers Partners decided to close its private banking business line that provided ove

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Exporters receive financial support

TALLINN - The Estonian government is planning to offer assistance to exporters by creating a new ins

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