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Lithuanian takeovers: keeping ownership at home

During a recent conversation with a moderately successful Lithuanian businessman, the subject of for

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Deutsche Bank to finance Riga's new bridge

RIGA - Germany Deutsche Bank has signed a major loan agreement with Riga City Council and Dienvidu T

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Eurostat: Baltic labor costs soar

RIGA - Latvia and Lithuania led the 25 members of the European Union in terms of labor cost growth i

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Lithuanian progress lauded

A study by the Institute of Economics of the Hungarian Academy of Sciences has ranked Lithuania thir

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Almunia: Estonia should amend constitution

TALLIN - Joaquin Almunia, the EU's economic and financial affairs commissioner, said during a visit

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Market wrap

The pan-Baltic capitalization index, BALTIX, declined 0.33 percent last week to end at 491.99. Among

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Latvian economy vibrant, but still hounded by inflation

RIGA - Latvia's GDP expanded 7.4 percent during the first quarter of 2005 despite a drop in manufact

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Kraft walks away after 10 years

TALLINN - Vahur Kraft was scheduled to hand over his position as president of the Bank of Estonia to

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Nord/LB Lietuva to issue equity finance

VILNIUS - Nord/LB Lietuva, Lithuania's third largest bank by assets, is planning to raise some 74 mi

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EBRD takes slice of Siauliu Bankas

VILNIUS - The European Bank for Reconstruction and Development signed an agreement on June 3 to buy

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