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Regulator has not reported on any other Latvian bank's wind-up plan

RIGA - The Financial and Capital Market Commission (FCMC) has not reported on any other banks’ wind-up plans, Finance Minister Dana Reizni...

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Eesti Gaas to build aboveground part of Balticconnector in Estonia for EUR 43 mln

TALLINN – EG Ehitus AS, a subsidiary of the Estonian natural gas and electricity seller Eesti Gaas owned by Infortar, is to build the Esto...

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Harju County Court appointed liquidators of Versobank

TALLINN - The Harju County Court has published a court order to appoint liquidators of Versobank. An application to the Court for the appointmen...

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Businesses of hostile states eyeing Lithuania's fintech sector

Lithuania's intelligence has warned that the country's rapidly growing financial technologies sector is being targeted by companies with...

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SmartLynx Airlines Estonia almost triples revenue

The aircraft lease and charter service company SmartLynx Airlines Estonia OU has posted a revenue of 63.5 million euros for 2017, representing a...

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Tallinn sees a rise in Asian tourists

At the world's largest tourism fair in Berlin, known somewhat conveniently as ‘The World’s Largest Tourism Fair’, all thre...

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Lithuania votes against EU ministers' position on agriculture funding

Lithuania has against EU ministers' position on agriculture funding after 2020 as they failed to agree on leveling out differences in direct...

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Iraq’s Kurd in Riga: Baltics need to be more friendly towards small business

“Local Governments need to be more friendly towards small businesses, otherwise they and their staff will disappear.” A stark warnin...

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Protecting consumers: toys and cars top the list of dangerous products detected

The European Commission has released in March its 2017 report on the Rapid Alert System (RAS) for dangerous products. The report evidently point...

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Estonia: ECB withdraws Versobank's license due to breach of money laundering prevention

TALLINN – The European Central Bank (ECB), as proposed by the Estonian Financial Supervision Authority, withdrew the authorizati...

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