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Devaluation: a crisis or no big deal?

Rumors surrounding devaluation are spreading. Not surprisingly – when the governor of the countr

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Summed up

EVERY SECOND ESTONIAN WILL HAVE A MOBILE: In two years every other resident of Estonia will have a m

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German company to merge Baltic insurers

VILNIUS (BNS) – The German insurance company Alte Leipziger unveiled plans to merge six joint ve

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Upscale hotel opened in Tallinn

TALLINN – The Schlossle Hotel Group has opened its third hotel in the Baltics. The Park Consul St. P

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State plans to hang on to Latvian bank

RIGA (BNS) – The Latvian government considered Latvijas Hipoteku un Zemes Banka's development concep

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Vouchers good for another year

RIGA – The Parliament has extended the term of privatization vouchers that expire on Dec. 31 for

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Valdemara Center open for business

RIGA – Latvia's first modern business center opened its doors July 1 at the corner of Valdemara

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Third tender prepared for power line project

VILNIUS – Lithuania's grand plan for the construction of an electric power line between its Soviet-s

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Insurers choose risky business

TALLINN – Building a modern headquarters seemed a good idea for two Estonian insurance companies

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No takers for Latvian shipping company

RIGA – Failure to find a strategic investor for the Latvian Shipping Company may put off the com

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