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Swedbank Lithuania: “Poland is the new Russia”

According to Swedbank Lithuania’s chief economist, Nerijus Maciulis, Poland is now as dangerous and unpredictable as Russia. ...

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Estonia’s output of cereals hits new record in 2015

TALLINN – Estonia produced 1,535,300 tons of cereals in 2015, which is 26 per cent more than the year before and the largest output ever r...

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Latvian financial watchdog chairman quits

RIGA - Kristaps Zakulis, the chairman of the Latvian financial regulator the Financial and Capital Market Commission (FKTK), has tendered his re...

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Eesti Energia to record 65.6 million euro loss

The state-owned Estonian energy group Eesti Energia is about to record an impairment loss of 65.6 million euros in terms of finances for the fin...

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Goliath Wind signs 100 million euro deal in India

TALLINN – The Estonian wind turbine technology developer Goliath Wind has signed a 100 million eur...

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2015: A torrid year for Estonian farms

TALLINN - 2015 was a grim year for Estonia’s pig and dairy farms. Over the course of last year, over 22,000 domestic pigs w...

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Lithuania’s analysts see opportunities despite global market turmoil

VILNIUS - The recent turmoil in global financial markets, which was triggered by economic and geopolitical factors, has affected all types of as...

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Estonia’s e-residents to be able to open bank account from abroad

TALLINN - A bill of amendments has exited the Estonian Interior Ministry that is aimed at simplifying the activities related to e-residency and ...

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Post-holiday week calm on Baltic bourses

RIGA/TALLINN/VILNIUS - In the week after the New Year holidays the Baltic blue chips index OMX Baltic Benchmark GI (OMXBBGI) decreased 0.81 per ...

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Circular economy brings new business opportunities for the Baltics

BRUSSELS - On Dec. 2, the European Commission adopted a new Circular Economy Package, which sets targets for EU member states on extracting the ...

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