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Latvia's economy red-hot in 1Q

RIGA - Latvia boasted the highest rate of economic growth among the three Baltic states in the first

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Unibanka given green light to buy shares

RIGA - The council of the Finance and Capital Markets Commission, the market's supervisory authority

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Foreign bankers lining up to set up shop in Baltics

TALLINN - One German, one Austrian and two British banks have expressed the wish to provide cross-bo

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Estonian government rethinking welfare benefits

TALLINN - The principal aim of the Estonian government's labor market policy is to achieve as high a

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Consumers feeling the pinch from stratospheric oil prices

TALLINN - The first signs of repercussions in the Baltics from the sky-high crude oil price surfaced

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Latvia's Big Mac cheapest

TALLINN - The Estonian kroon is 22 percent undervalued, according to the latest Big Mac index publis

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Euro to bless Latvian economy with more growth

RIGA - Latvian businesses will benefit from the introduction of the euro currency planned in 2008, a

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Vilniaus Bankas catching up to rival

VILNIUS - Vilniaus Bankas, Lithuania's biggest bank by assets, has moved very close to Hansabankas i

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Tax harmonization debate heats up

RIGA - Tax harmonization within the European Union dominated financial talk last week, with economis

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Russia entices Latvian companies

RIGA - Latvia's companies will increasingly look toward Russia to either open or transfer production

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