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Latvia should brace for upcoming crisis - Rimsevics

RIGA - Latvia needs to prepare for an upcoming crisis, warned Bank of Latvia president Ilmars Rimsevics in an interview with commercial LNT tele...

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Gazprom looking to supply Tallink’s new ferry

Tallink will bunker its new LNG-powered ferry using trucks from Russia, Sweden, or Finland, as government decisions have cooled the enthusiasm o...

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Eesti Energia expects to start building Jordan power plant soon

The state-owned Estonian energy group Eesti Energia expects to start building an oil shale-fueled power plant in Jordan this year, Eesti Energia...

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Latvijas Gaze: Being a monopoly with guaranteed gas imports from Russia is not enough anymore

As Latvia’s gas monopoly Latvijas Gaze continues unbundling its core activities in accordance with the European Union’s Third Energy...

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Estonia’s ever bullish economy sees slowdown in 2016’s first half

Although the volume of total output in Estonia at the end of last year was close to its pre-crisis peak and was expected to surpass that level t...

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Latvian business faces a myriad of issues, but the youth bring hope

A throng of issues are plaguing Latvian business, and failure of EU-US negotiations on the Transatlantic Trade and Investment Partnership (TTIP)...

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Latvia: Government’s social partners agree on minimum wage at 380 euros

Social partners have agreed to the government’s plans to increase the minimum monthly wage to 380 euros in 2017. Although t...

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Lithuania announces tender for National Stadium concession holder

Lithuania on Sept. 6 called a tender for a concession holder of the National Stadium estimated at 73 million euros in preliminary value, excludi...

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Baltic real estate investment transactions up 11 per cent, Latvia leads the pack

Investor appetite for commercial property in the Baltic States continues to grow rapidly. The first half of 2016 has been particularly successfu...

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Estonian Krediidipank: US sanctions do not affect us

TALLINN - The Estonian Krediidipank has asserted that new US sanctions will not influence its customers' settlements or its day-to-day activ...

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