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Lietuvos Telekomas gets giant loan

VILNIUS - Lietuvos Telekomas, one of Lithuania's biggest companies, signed an agreement with six for

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Estonia to merge TV and radio

TALLINN - In an attempt to solve the budget problem, the Ministry of Finance proposed to cut the bud

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Daugavpils industry in trouble

DAUGAVPILS (BNS) - Toleram Fibers is not likely to resume production in the near future, Daugavpils

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Internet banking on the increase

TALLINN - Internet banking was up 60 percent in the first half of this year, according to the leadin

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Central bank puts lid on Litimpeks' activities

VILNIUS - On Aug. 12 the Bank of Lithuania made a decision to suspend Litimpeks Bankas' usual operat

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No transition period for tax-free trade

TALLINN - The Ministry of Foreign Affairs announced this week it would not seek a transition period

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Rigas Komercbanka epic comes to an end

RIGA - Rigas Komerc-ban-ka's revitalization is now firmly on the cards: the 1 million lats necessary

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Off the Wire

MOSCOW STILL DANGEROUS: Russia continues to pose a formidable threat to the Baltic countries and has

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Mayor resigns after drinking bout

TALLINN/JOGEVA (BNS) - Mayor of the eastern county town of Jogeva, Kalev Lillo from the Reform P

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New income requirement for residence permits

TALLINN - As part of the law on aliens, the Estonian government decided this week on a legal income

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