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Chair of parlt committee says time to act to save Estonian dairy herd is now

TALLINN – In order to save the Estonian dairy herd and support farmers, a possibility must be created to produce milk powder, butter and c...

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Latvian president: Poland, Finland could join Baltic free movement area in future

VILNIUS - After Lithuania, Latvia and Poland restore free movement within the Baltic region, Poland and Finland could join the area in the futur...

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EUR 100 million to be allocated to support large manufacturers affected by Covid-19 crisis

RIGA - Up to EUR 100 million will be made available to help large manufacturers cope with the impact of the Covid-19 crisis, according to draft ...

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European Commission projects Latvia to see second biggest economic downslide in Baltics this year

RIGA - The European Commission in its latest economic forecasts projects that Latvia's gross domestic product (GDP) this year will decline b...

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An Estonian start-up digitizing the construction sector opened an investment round to raise 150 000 euros

Infrafly, the first Estonian start-up to create an AI-powered solution for managing and ordering heavy equipment, has opened an investment round...

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Finnish shipper Viking Line to reopen passenger service for essential traffic from May 14

TALLINN – As a result of the Finnish government’s decision on May 4 to gradually ease some of the restrictions related to the COVID-...

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Baltic farmers call to use the new EU multiannual budget to help member states recover after pandemic

RIGA - Baltic farmers in a letter to the Ursula von der Leyen, the President of the European Commission, to use the new EU multiannual budget as...

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FCMC enters into an administrative agreement with Joint Stock Company "Citadele banka"

The Financial and Capital Market Commission (hereinafter – the FCMC) and the Joint Stock Company "Citadele banka" (hereinafter &...

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Olainfarm Group achieves largest ever profit last year

RIGA - The revenue of the pharmaceutical company, joint-stock Olainfarm Group, in 2019 has reached 137,219,000 euros, which is a 10 percent incr...

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Government to invest EUR 49.91 million in Riga Airport's share capital

The Cabinet of Ministers decided on April 24 to increase the Riga International Airport's share capital by EUR 49.91 million. &...

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