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Contrasting public health and national economy during Covid-19 pandemic creates a false dilemma - central bank expert

RIGA - Contrasting public health and national economy during the Covid-19 pandemic creates a false dilemma, as the Bank of Latvia economist Karl...

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EUR 4.7 million allocated to cover operating costs of hotels

RIGA - The government on Tuesday approved the Economics Ministry's proposal to earmark EUR 4,746,290 for Latvia's hotels to help them co...

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SEB Group posts €31.4mn in nine-month profit in Latvia

A Latvian affiliate of SEB Bank Group has announced it earned in the first nine months of this year a profit of €31.4mn in Latvia, which is...

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Lithuania's PayRay enters Latvian market

PayRay, a Vilnius-based company that began operating as a bank in October after obtaining a commercial banking license, has commenced offering l...

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Riga-based Sun Finance Group records more than 100 million euros’ turnover in 2019

Last year, the financial technology company Sun Finance recorded a turnover of 101.5 million euros, an increase of almost three times compared w...

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Lithuania kicked off 1-bn-euro business support fund

Lithuania has officially launched its business support fund, worth 1 billion euros, aimed at providing temporary support to the country’s ...

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airBaltic operating flights to 9 destinations from Tallinn during winter season

TALLINN - Latvian national airline airBaltic has switched to a winter season schedule this week, and is planning to operate direct flights from ...

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3 Estonian cos shortlisted for European Business Awards for Environment

TALLINN - Estonian businesses Roofit Solar Energy, Estanc and Reverse Resources have been shortlisted for the European Business Awards for the E...

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Astravyets NPP to start power production in November – Belarus

VILNIUS – Lithuania's power transmission system operator Litgrid said on Monday it had been informed by Belarusian operator Belenergo ...

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Estonian govt, trade unions, employers discuss ways for boosting economy

TALLINN - Representatives of the Estonian government, Confederation of Estonian Trade Unions and Estonian Employers' Confederation discussed...

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