Wed, 31 Aug 2011: Speculators outweigh weather in grain price direction…

Rapeseed plants, alas, have been severely damaged,” Saulius Stirna, vice-chairman of Lithuania’s Farmer Association (LFA), said to The Baltic Times. Zigmantas Aleksandravicius, a lar...

Thu, 2 Dec 2010: Farm policy to be revised…

The commission will propose legislation in mid-2011, it shows. The EU’s agriculture and rural-development budget was 55.2 billion euros in 2009, the bloc’s biggest single area of spe...

Thu, 2 Dec 2010: Farming holds back better numbers…

26. The growth rate was unchanged from the previous quarter. The Baltic nation sustained the pace of recovery in the third quarter as the economy emerges from the European Union’s second-d...

Thu, 8 Apr 2010: GMOs meet resistance…

As the Treaty of Lisbon came into force, all European residents were given an opportunity to express their opinion and, upon the collection of one million signatures, to revoke the decisions of th...

Wed, 10 Mar 2010: Latvia ends year with trade surplus…

Direct investment flows also were directed into agriculture and manufacturing. Net foreign debt, in nominal terms, decreased from 8 billion lats to 7.5 billion lats in the fourth quarter of 200...

Thu, 3 Jul 2008: Central banker hails sharp jump in exports…

It means that even given the effect of increased prices, for the time being exports successfully become the key driving force of the Latvian economy," Rimsevics said. First quarter GDP grew by 3...

Wed, 29 Jun 2005: Sugar producers take stock of looming losses…

Mariann Fischer Boel, commissioner for agriculture, commented that Europe's sugar industry faced a "slow and painful death" if it did not reform itself. "I am convinced that EU sugar producers hav...

Wed, 27 Apr 2005: Lithuanian farms become investment attraction…

"The first year of EU membership has proved, however, that Lithuania's agricultural producers may compete on the EU market successfully and investments into this sector are worthwhile," he stresse...

Wed, 16 Mar 2005: Strong GDP forecast for Latvia…

For the time being, Unibanka will not change its annual inflation forecast, which is still expected at 5.4 percent, according to Vilks. The bank will revise its forecast only "if the inflation is ...

Thu, 22 May 2003: Pork at heart of latest Baltic trade row…

(See story on Page 8.)Though Estonia had opted to direct its protective measures against only one type of pork, sources said there was a bill in the pipeline to raise tariffs on pork imported from...

Thu, 22 May 2003: Estonian wages up…

As usual, monthly and hourly gross pay was highest in financial intermediation. The average monthly salary - at 19,594 kroons - was 3.1 times the national average, and the hourly pay of 95.9 kroon...

Thu, 1 May 2003: EU standards frighten fisheries…

Several have also filed for bankruptcy in recent years, leaving many bank loans unpaid.Bite said Kaija, one of the largest processors, needs 2.1 million lats (3.33 million euros) to upgrade its pr...

Thu, 17 Apr 2003: Milk price situation continues to confound state, farmers …

It introduced a minimum milk purchase price of 0.35 litas per kilogram and was supposed to pay uniform direct payments for cows to all farmers. However, dairy producers said a uniform milk purchas...

Thu, 3 Apr 2003: Estonian GDP up…

Value added growth declined in agriculture and hunting by 4.7 percent, fishing 2.5 percent, supply of electric power, gas and water 1.9 percent and health and social care 1 percent. . ...

Thu, 20 Feb 2003: Protests threatened on borders…

He noted that should the government on Feb. 18 make a decision on sugar market stabilization sugar beet growers will not take part in the action, while farmers from other agricultural sectors will...

Thu, 5 Aug 1999: Latvian banks overcome crisis…

In the first six months, 26 banks have lended a total of 755.9 million lats which is a 3.2 percent increase over the 1998 figure.The banking association president noted that banks mostly give cred...

Thu, 29 Jul 1999: State supports agriculture insurance…

"The aim of supporting insurance claims is to support insurance activities and to make farmers decrease their risks. This is much cheaper for the government," said Petron.At present five insurance...

Thu, 15 Jul 1999: Summed up…

The farmers meanwhile demand better domestic market protection and increase of agriculture financing. The haulers and farmers also want new thinking on their problems, asking President Vaira Vike-...

Thu, 17 Jun 1999: Summed up…

The minister said the aim is to retain the present level of production in agriculture.VENTSPILS FEARS BUTINGE TERMINAL'S OPENING: The commissioning of Butinge oil terminal in Lithuania might resul...

Thu, 4 Mar 1999: Latvia ready for extreme measures: Government may slap price floor on Lit…

The last joint committee meeting Feb. 17 brought little change to the situation.This time the Latvian government is playing tough. It ordered the Finance and Agriculture ministries to prepare a dr...

Thu, 14 Jan 1999: Parex bank eyes southern neighboring market …

Parex is not satisfied with 50 percent of shares and wants to buy the whole bank, said the paper.Last year, Industrial bank failed to increase its share capital from 27 million litas ($5.1 million...

Thu, 6 Aug 1998: Baltics in Brief…

A ton of rye would cost the same, but the state subsidy would be 100 litas. Makelis stressed that proposed prices were significantly higher than last year's prices. The government agreed to assign...

Thu, 30 Jul 1998: Farmers threaten nation-wide protests …

"Now, farmers can be satisfied only with an urgent and concrete solution to the situation," Social Democratic MP Juozas Olekas told reporters last week.The farmers demand that the government prot...
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