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Ministry approves tourism development plan

TALLINN - Economic Affairs Minister Juhan Parts approved a 500 million kroon (32 million euro) progr

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Latvia's loan growth, retail sales undergo quick, steep fall

RIGA - Fresh data on retail sales and bank lending released over the past week demonstrate that Latv

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Salaries, wages up over 20 percent

TALLINN - Gross monthly salaries in Estonia in the third quarter averaged 10,899 kroons (696 euros),

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Property developer freezes project

TALLINN - One of Estonia's largest property developers has suspended a project in Jurmala due to the

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Foreign road contractors bypass Latvia

RIGA - Foreign companies are not showing sustainable interest in the road construction business in L

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Baltic stocks hit year-low on fears

TALLINN - Baltic stocks sank to their lowest level in a year in the week ending Nov. 23 as foreign i

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TALKING TAX - VAT refund 's construction costs on a fast track

VAT refund is a major issue for any business requiring investment in real estate 's e.g., for buildi

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Adamkus signs 'fiscal discipline' bill

VILNIUS - President Valdas Adamkus signed on Nov. 16 the Law on Fiscal Discipline, which was passed

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Rimsevics: Latvia on a 'soft landing'

RIGA - Bank of Latvia President Ilmars Rimsevics has said that Latvia's economy is seeing the first

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Estonia makes top 10 economic freedom list

WASHINGTON - Estonia was ranked number eight in an annual report on economic freedom released by the

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