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Lithuania's transpmin expects navigation growth after decline in port fees

VILNIUS – Lithuania's Transport and Communication Minister Rokas Masiulis expects that the reduced Klaipeda port fees will have a posi...

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Baltic band competition “NOVUS” in Vilnius

VILNIUS - International band competition Music Incubator NOVUS held in Art Factory Loftas, Vilnius, Lithuania is now open for band applications....

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Impact of sharing economy on Latvia's tourism industry grows - OECD

RIGA - The impact of the sharing economy on Latvia's tourism industry increased in recent years, according to the Tourism Trends and Policie...

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Russia has military advantage over NATO in Baltic Sea region - US analysts

WASHINGTON - NATO would be overwhelmed by superior Russian firepower in the event of war in Eastern Europe, despite years of trying to strengthe...

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U.S. partners tell Latvia banks are still involved in money laundering schemes

RIGA - Partners in the United States have informed the government that Latvian banks are still involved in money laundering schemes, Finance Min...

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High-ranked U.S. Treasury official to meet with Latvian officials in charge of the financial sector

RIGA - Marshall Billingslea, the Assistant Secretary for Terrorist Financing in the United States Department of the Treasury, will meet on March...

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Commission: Estonian banks boast highest capitalization levels in EU

TALLINN – The Estonian banking sector is stable and well capitalized, and the average capital adequacy ratio of Estonian banks in June 201...

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Lithuania has to increase investment in human capital - European Commission

VILNIUS- The European Commission identifies increasing investment in human capital, and boosting productivity and labor supply as key challenges...

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Commission: Estonia's tax burden remains below EU average

TALLINN – Estonia's tax burden is significantly lower than the European Union average and the tax changes enacted by the government of...

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Germany's chief of defense receives Lithuanian state award

VILNIUS – Lithuania's President Dalia Grybauskaite has awarded Germany's Chief of Defense Volker Wieker with the Cross of Commande...

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