Finance Minister downplays massive drop in FDI - The Baltic Times

VILNIUS -- Lithuanian Finance Minister and acting Prime Minister Ingrida Simonyte has sought to downplay recently r...

Slesers gets party nomination for PM - The Baltic Times

RIGA - The newly formed political alliance "For a Good Latvia", also known as "AS2", has nominated Riga vice-mayor ...

Swedbank market overview: 2 – 8 August, 2010

Equity markets moved sideways over the week as macro data and earnings reports didn’t drive sentiment in either direction. On Friday, trading took a slightly more negative turn as US non-farm payrolls report proved considerably weaker than expected. As analysts projected that the Fed would respon...

Lithuania’s current account surplus drops to LTL 195.6 mln in June

Lithuania's current account surplus fell to LTL 195.6 million in June 2010 from LTL 353.9 in May, data from the Bank of Lithuania showed Wednesday, RTT News reports.

Bank of Latvia assets at the end of July – LVL 3.994 bln

The assets of the Bank of Latvia at the end of July 2010 totaled LVL 3.994 billion, according to information from the bank's website. Compared with June, when the bank's assets totaled LVL 3.972 billion, the figure has grown by 0.55%.

International Labour Organisation: youth unemployment hit a record 81 mln in 2009

Youth unemployment hit a record 81 million youngsters worldwide in 2009 with the economic crisis, potentially breeding a "lost generation," the International Labour Organisation said on Thursday.

Researchers investigating impact of Nord Stream to Estonia’s maritime environment

Researchers are carrying out additional studies on the open sea research vessel in order to get an objective overview of the impact that the construction of the Nord Stream gas pipe is having on the Estonian maritime environment, writes LETA/National Broadcasting.

Possible changes to airBaltic shareholder structure; airline could be registered on stock market

Baltijas aviacijas sistemas, the minority shareholder in national airline airBaltic, is preparing to attract partners, and changes to the airline's shareholder structure cannot be ruled out, said airBaltic chief Bertolt Flick in an interview with the Dienas bizness newspaper.

IMF: salaries could still be reduced in local governments and state-funded enterprises in Latvia

In the development of the next 2011 state budget, the possibility still exists of reducing salaries in local governments and state-funded enterprises, according to a report by the technical mission of the International Monetary Fund (IMF).

Preliminary queues of offers were made at Klaipeda Seaport

On 5 August 2010, preliminary queues of offers were made of the following open tenders “Construction works of object “Construction of Quay No.143a and shore reinforcement in Malkų bay: III stage of construction – construction of remaining part of quay No.143a; IV stage of construction – shore rei...