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Innovations mean faster electronic payments

VILNIUS - The Bank of Lithuania’s proposal on payment market innovations, submitted this

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France signals OECD support for Lithuania

VILNIUS - France supports Lithuania’s aspirations to join the euro area next year and to

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Estonian labor costs squeeze producers

TALLINN - Although wage growth slowed slightly at the end of last year and the number employed

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Optimism returns among entrepreneurs

RIGA - Compared to 2012, public evaluation of various factors that influence starting a busine

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EC proposes tax reform for growth

VILNIUS - On June 2 the European Commission (EC) adopted recommendations related to budget, em

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Wage pressures build in Estonia

TALLINN - Slow economic growth has had a visible impact on the labor market, Estonia’s c

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Latvia lagging on key reforms

RIGA - Though Latvia’s growth remains strong and the macroeconomic situation is good, th

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Estonian debt levels decline

TALLINN - The indebtedness of Estonian companies and households continued to decline last year

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Wages recover to pre-crisis levels

RIGA - The average wage and pension in all three Baltic countries now exceeds pre-crisis level

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Russian funds not hidden in Latvian banks

RIGA - After an in-depth analysis of information provided by banks on the freezing of funds of

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