Wed, 6 Jul 2011: Happy thoughts not enough to spur recovery…

But each crisis creates new challenges and forces market participants to seek new solutions to deal with its consequences. “Understandably, the central bank can control the inflation at the ...

Wed, 8 Jun 2011: Parex’ action OK’d…

“At the moment we stay as we are. We are working on solutions. The biggest challenges now are to make sure that we continue our work to ensure that we gain the best value for our assets.&rdq...

Thu, 31 Mar 2011: Emigration to curb Lithuanian growth…

Strong, competitive exports will remain a key driving force this year. The increase in broad inflation measures will culminate this year, except that in Estonia and Lithuania inflation will conti...

Thu, 15 Jul 2010: Lithuania returns to growth…

Real gross domestic product may return to pre-crisis levels only in 2014 to 2015, the IMF added. “The Lithuanian economy faces important challenges of high fiscal deficits and rapidly grow...

Thu, 13 Aug 2009: Mortgage bank chief to turn over reins…

Feiferis' work as the Mortgage Bank's board chairman has been held in "high regard" at the Finance Ministry, says Bicevskis. "Under Feiferis' management, the bank has implemented a number of proj...

Wed, 8 Oct 2008: Banks face ’sabotage’ …

"The most likely reason some would do that is so that they could benefit by short-selling the company's stock," a trader who works on the Tallinn stock exchange told The Baltic Times. The trader ...

Mon, 18 Aug 2008: Fitch maintains Norvik ratings…

The ratings reflect the challenges the bank faces in growing in a slowing Latvian economy without increasing its risk profile. The ratings also take into account its healthy profitability, impro...

Thu, 1 May 2008: Kirkilas: Lithuania’s economy is not in crisis…

There are certain challenges, but I would not call that a crisis. The opposition always sees a crisis. Most probably, there is a crisis in their heads," the prime minister said. Both internationa...

Wed, 28 Nov 2007: Talks on nuclear plant break down…

The transformation of Lietuvos Energija into a national utility/investment company would create risks that the new plant would become dependent on Russia's electricity system, NDX Energija said i...

Wed, 7 Nov 2007: Ratings agencies look at Latvia…

On the other hand, they also incorporate the challenges the banks face in maintaining a good quality of assets in their fast-growing and unseasoned loan portfolios and controlling costs in a conte...

Wed, 10 May 2006: Little known U.S. firm takes over Galvex steel…

Under the terms of Silver Point's bid, the investment firm will acquire the company in exchange for its secured debt claims against the company. "We are very pleased that Galvex's future ownership...

Wed, 26 Apr 2006: Third party logistics challenges in Lithuania…

In comparison to integrated 3PL services, simple distribution does not assume significant value-added. Competitive forces on the market and integration into the international system of movements o...

Wed, 2 Nov 2005: Piebalgs open to new Ignalina…

While discussing the challenges and the outlook for the energy sector in Lithuania and the Baltic countries, Piebalgs took note of the idea of building a power bridge between Lithuania and Poland....

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, 8 Jun 2005: Kraft walks away after 10 years…

Ruutel signed Lipstok's appointment on May 18. Kraft said he was not disappointed by his defeat in the council vote. He said his plans for the immediate future were to rest, learn and look for new...

Wed, 2 Mar 2005: Lithuania one step closer to euro…

He emphasized, however, that a decision on the Baltic state's adoption of the euro would not be made until June 2006, at the earliest. On the other hand, the EU commissioner pointed out that there...

Thu, 28 Aug 2003: Advertising challenges to swapping brand names…

"Howcan you trust a company that has six faces and six voices? Having one brandname is much simpler and more understandable for our consumers," shecommented.And so Eesti Telefon began a major rebr...

Thu, 3 Jul 2003: Estonian Air prepares for open skies…

Between January and May, Estonian Air carried more than 140,000 passengers, a 23 percent increase on the same period in 2002.And in June the airline posted its highest ever one-week number of pass...

Sat, 21 Jun 2003: NATO: Challenges of collective thinking…

This is precisely why we put in place this map - the membership action plan - and this is certainly why the candidate countries have worked so hard over three years to minimize the threshold of ad...

Thu, 27 Mar 2003: Foreign students flock to Kaunas Medical University…

"We accept students from all countries that have diplomatic ties with Lithuania," said Miliauskas.Admission of foreign students to the university began in 1990. At the time, the university had onl...

Thu, 20 Mar 2003: Corruption prevents Latvia from prospering…

Carlson said Latvia was moving closer to Western Europe with each passing day and, with low inflation and an explosive growth rate, "Latvia is one of the pearls of both new and old Europe." But, h...

Thu, 3 Sep 1998: Tartu business center challenges Tallinn …

Tallinn accounts for one-third of the Estonian population and three-quarters of Estonian financial institutions. Most Estonians consider Tartu a province town, not a center for big business or an ...
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