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Upheavals in the Latvian banking sector

There’s been a huge commotion within Latvia’s banking industry during the last week or so. First it was discovered that the financia...

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The Baltic States Turn 100

A century ago, amid the turmoil of the Russian Revolution, three independent Baltic states were born. For half of the subsequent 100 years, star...

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Analysis: Riga Mayor’s ‘selfie’ politics face gloom

With new Saeima (Latvian Parliament) elections slated for Oct. 6 this year, Latvia’s political parties are gearing up although no big chan...

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European authorities will wind down Latvia’s ABLV Bank AS

European authorities will close ABLV Bank AS, the Latvian lender facing U.S. accusations of money laundering tied to North Korea. &...

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Presidential front runner Gitanas Nauseda: I can hit it off with everyone

With the presidential elections coming next year Lithuania has a clear front runner in the polls, SEB Lithuania Bank’s Chief Economist, Gi...

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Lithuania's DefMin set to raise soldier wages by almost 30 pct within 4 yrs

VILNIUS – Salaries of troops serving in Lithuania's military should go up by 30 percent within the next four years, officials of the D...

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Poll: Estonians' will to defend their country remains high

TALLINN - Sixty-eight percent of Estonian citizens would be ready to participate in the defense of the country in accordance with their abilitie...

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Joint company should organize large Rail Baltic tenders - EU chief transport official

TALLINN – According to the European Commission's Director-General for mobility and transport Henrik Hololei, it is reasonable based on...

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Potential liquidators of ABLV Bank will be told to do everything in their power to refute FinCEN allegations

RIGA - The potential liquidators of ABLV Bank will be told to do everything in their power to refute allegations made by the Financial Crimes En...

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Lithuania's Modus Energy to invest EUR 11 mln in solar plants in Poland

VILNIUS - Modus Energy, the renewable energy arm of Lithuania's car business, real estate development and energy group Modus Group,is set to...

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