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Businesses call on Lithuanian president to improve public sector's efficiency

VILNIUS - Business associations called on Lithuanian President Gitanas Nauseda on Wednesday to take measures to improve the efficiency of t...

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Estonian PM: Pension to grow 8 pct through indexation, extraordinary hike still pending

TALLINN - Estonian Prime Minister said that the 2020 state budget includes an 8-percent pension rise through indexation, whereas deliberations o...

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Lithuania to hold nuclear accident response readiness drill in October

VILNIUS - Lithuanian authorities will conduct next month an exercise to test their readiness to respond to a potential nuclear accident at ...

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Municipalities' poorly-planned infrastructure development projects impose heavy financial burden on municipal budgets - Audit Office

RIGA - Many local governments' practice of borrowing funds from the state budget for construction of objects that are too large and unsuitab...

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Santa Purgaile selected for position of financial watchdog head

RIGA - Santa Purgaile, a board member of Citadele bank, has been selected in the tender for the chair of the Finance and Capital Market Commissi...

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FCMC fines PrivatBank EUR 1 million for violations of Money Laundering and Terrorism and Proliferation Financing Prevention Law

RIGA - The board of the Financial and Capital Market Commission (FCMC) has imposed a fine of EUR 1.019 million on PrivatBank for violations of t...

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New Business Park in Latvia - an opportunity for foreign investors

A new Business and Innovation Park MeÅūgarciems is being developed in Latvia, only 25 km from the capital Riga. The territory includes 11 buildin...

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Landon Meier, the famous celebrity mask maker, is coming to Lithuania

The organizers of popular culture event “Comic Con Baltics 2019” has just announced Landon Meier, also known as Hyperflesh, the worl...

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Latvia Submits Holocaust story The Mover for the Oscars

For the twelfth time Latvia is submitting a film for Academy Award nomination consideration in the Best International Feature Film category, com...

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The Kumu exhibition The Conqueror's Eye encourages us to think about stereotypes and colonialism

The Conqueror's Eye will open at the Kumu Art Museum on Wednesday, 18 September at 6 pm. At its centre is a powerful video called&...

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