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Black-outs shine spotlight on energy consumption

RIGA - Residents across the globe may have noticed partial black-outs last Saturday evening. This was no power-glitch, though. People in 160 cou...

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Valmiera Glass smashes sales records

VALMIERA - Valmiera Glass Group posted EUR 108.44 million in audited consolidated turnover in 2014 - its highest annual sales figures since the ...

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Estonian Air accuses airBaltic of unfair competition

Estonian Air has accused the Latvian national airline airBaltic of unfair competition, according to the Estonian daily newspaper Postimees.&...

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Estonia’s industrial production increased in February

It appears industrial production in Estonia is gradually on the rise. According to Statistics Estonia, in February 2015, the production of indus...

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Latvia registers fourth-lowest hourly labour costs in EU: Eurostat

RIGA - In 2014, average hourly labour costs in Latvia were estimated to be 6.6 euros, which is the fourth-lowest indicator in the European Union...

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Citadele Treasurer: ECB’s QE will have limited positive impact on Baltic economies

The European Central Bank’s latest round of Quantitative Easing (QE) began this March, with the Bank of Latvia assigned to buy 184...

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Europe’s Easy-Money Endgame

MUNICH – The euro has brought a balance-of-payments crisis to Europe, just as the gold standard did in the 1920s. In fact, there is only o...

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Swedbank: Household consumption becoming key driver of Lithuanian growth

With declining export and weakening economic growth, household consumption is becoming an ever increasing factor of economic growth. Having reac...

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Capital Markets Union: A Law and Finance Perspective

In the last TBT issue, Howard Davies discussed the recent European Commission project to create a capital-markets union. The aim of the project ...

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Latvija in brief

CPB embroiled in lawsuits The Corruption Prevention Bureau (CPB) is currently embroiled in eight laws...

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