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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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Culture Ministry, organizers have to find a way so as many people as possible could see this year's Song and Dance Festival - Vejonis

RIGA - The Culture Ministry and organizers of the Song and Dance Festival have to find a solution so that as many people as possible could see t...

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Swedbank, ABLV Bank boast largest profits for 2017 among Latvian banks

RIGA - Last year Swedbank boasted the largest profit among Latvian banks, followed by ABLV Bank, according to the information published by the L...

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Latvia posted fastest economic growth last year since 2011 - European Commission

RIGA - Latvia posted its fastest economic growth last year since 2011, according to a report from the European Commission on Latvia. ...

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There is still no information about bribery cases mentioned in FinCEN report – Kucinskis

RIGA – Latvian Prime Minister Maris Kucinskis (Greens/Farmers) during the planned meeting with representatives of the Financial Crimes Enf...

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PM: Universities should focus on raising productivity in Estonian society

TALLINN - According to Estonian Prime Minister Juri Ratas, who visited the Tallinn University of Technology (TUT) on Tuesday and held a lecture,...

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Liberalized power supplies to Lithuanian residents should not raise prices - energmin

VILNIUS – Lithuania's Energy Ministry plans to liberalize the electricity market for household consumers by 2020 to allow residents to...

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