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Norwegian Company Storebrand opens new training centre in Vilnius

VILNIUS - Norwegian banking and insurance company Storebrand officially launched its brand new training centre in Vilnius. The firm, which has h...

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Klaipeda seaport cargo handling turnover up by 3.8 percent in Q1 2015

KLAIPEDA - Within the period of January-March of 2015 Klaipeda Seaport cargo handling turnover increased by 3.8 percent to 9.04 million tonnes, ...

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Nordea Bank Estonia grows 61 % in first quarter of 2015

TALLINN - The operating profit of the Estonian unit of Nordea bank grew in the first quarter by 61% when compared to the same period last year t...

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A champion’s leap in retail trade in the first quarter

RIGA - In the first quarter of this year, retail trade demonstrated a leap worthy of a champion, which, against the modest macroeconomic indicat...

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Lithuania’s retail trade turnover rises in March

VILNIUS - Based on provisional data, in March 2015, the turnover (VAT excluded) of retail trade enterprises amounted to 693.8 million euros....

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Latvian exporters must look for new niches for their products

RIGA - According to the data of the Central Statistical Bureau (CSB), the external trade turnover of Latvian goods in February dropped by 0.3% m...

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Consumer confidence indicator in Lithuania down 3% in April

VILNIUS - Consumer confidence indicator stood at minus 5 in April. Compared to March it fell by 5 percentage points. According to...

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Lithuania prepares first ever stability programme

VILNIUS - The Ministry of Finance has prepared Lithuania’s first ever stability programme, an accountability document of the Euro Area cou...

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Effects of the geopolitical crisis on the Latvian economy are limited

RIGA - The effect of the geopolitical crisis between Russia and Ukraine on Latvia has so far been less sizeable than initially feared. Although ...

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Europe’s Currency Manipulation

WARSAW – The Transatlantic Trade and Investment Partnership (TTIP), which the European Union and the United States currently are negotiati...

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