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Nordea credits timber company

RIGANordea Bank has extended additional financing to Swedwood Latvia, a timber company, to the tu

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Deficit bound to widen this year

VILNIUSThe central government collected 2.1 billion litas (626 million euros) in total revenues i

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Households have more cash to burn

TALLINNThe average monthly disposable income per household member was 2,500 kroons (160 euros) in

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Euro-zone growth looking dismal

GreeceThe euro-zone economy is set to grow by 1 percent this year and 2.25 percent in 2004, provi

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Ventspils deal surprises all

RIGAThe Baltic Index rose 3.7 percent over the last week to 189.91 points, its highest level in y

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Estonian GDP up

TALLINNEstonia's 2002 gross domestic product grew according to provisional data by 5.8 percent in

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Foreign cash flowing in fast

VILNIUS Foreign direct investments in Lithuania grew by 23.7 percent in 2002 and reached 13.18 bi

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Profits down at Bank of Latvia

RIGAThe Bank of Latvia's profit last year was 14.4 million lats (23 million euros), down nearly 3

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Last barrier to Russia down

RIGAThe Central Bank of Russia has removed Latvia from the list of states and territories whose c

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Insurer seeking equity finance

VILNIUSLietuvos Draudimas, Lithuania's leading insurance company, is set to increase its authoriz

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