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Latvia to see more EIB funding

The European Investment Bank has stepped up lending in Latvia in recent weeks, a trend it plans to c

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OFF THE WIRE

Building up the national stockFuel companies operating in Lithuania will have to help build up na

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New labor code offers more rights, confusion

Latvia's new labor code, which took effect June 1 this year, is thought to provide a lot more protec

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Ventspils Nafta buys chunk of LASCO

A 51 percent stake in the Latvian Shipping Company (LASCO) fetched 35.7 million lats ($57.58 million

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Drought boon for breweries, bane for farmers

Estonia's recent run of hot weather and drought has left farmers scrambling to save their crops, and

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Moody's downgrades Ericsson's ratings

The international credit-rating agency Moody's said on June 17 it had downgraded the long- and short

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Official calls for pollution quotas sale

Estonia's state-owned energy company Eesti Energia should sell a portion of the country's air pollut

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Belarus in the red

Belarus' declining economy and falling revenues caused a $160 million deficit in the isolated state'

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Exec shakeup at Ventspils Nafta

The chairman of the oil company Ventspils Nafta, Olafs Berkis, reportedly resigned earlier this mont

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Finnish Fortum slashes jobs

The Finnish energy group Fortum, in which the Finnish government owns a 61 percent stake, said on Ju

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