Wed, 25 Apr 2012: Estonian Air tests new strategy…

“Great contribution to the development of the airline was given by Estonian customers. We have not done large or expensive campaigns to grow our passenger numbers; however, we have increased...

Wed, 6 Apr 2011: High fuel prices threaten economy…

“Excise and value-added taxes are being increased constantly, but we would like to also see activity to ensure that consumers have more money,” he explains. The government on March 2...

Wed, 5 Aug 2009: Drastic cuts made in airport expansion forecast…

This additional capital would allow airBaltic to "solidify its position as one of the leading airlines in central Europe," he says. Gerhards adds that the state carrier operated last year at a l...

Wed, 7 Jan 2009: Ailing FlyLAL shedding routes …

The company asked the government to bail it out in December last year for a symbolic price of 1 litas, similar to the example of Parex bank in Latvia. Kaikaris said they had more passengers than e...

Wed, 10 Dec 2008: Consumer prices to tumble …

November's 0.3 percent decline in CPI included a noteworthy reduction in fuel prices, which dropped 10.3 percent on month 's a clear sign the impacts of recession are affecting the Estonian publ...

Wed, 26 Nov 2008: Food and fuel prices to plummet …

The price per liter for gasoline in Latvia was approximately .59 lat (.83 euro) for 95 octane at "Neste Latvija," "Viada" and "Lukoil" filling stations around the country. Food prices, most notab...

Wed, 6 Aug 2008: Fitch: No euro for Latvia until 2014 …

Ilmars Rimsevics, head of the Latvian National Bank, has previously said that it is possible the country could change over to the euro by 2012, but that 2013 was a more realistic date. Fitch's ass...

Wed, 9 Jul 2008: Report raises hopes of inflation turnaround…

The seasonal factor played in the opposite direction as well, and discounts led to price declines on clothes and footwear," said Zigurds Vaikulis, head of the market-analysis department at Parex A...

Thu, 3 Jul 2008: Lithuanian truckers take up French tactics…

Protests against rapidly increasing fuel prices have reverberated around Western Europe in recent weeks, particularly in Spain and France. It was also reported that Lithuanian truckers were pl...

Wed, 11 Jun 2008: Inflation climbs in all three countries…

In Lithuania, annual inflation hit 12 percent, up from 11.7 percent in April. Fuel prices alone jumped 3 percent over the month of May. Lithuania now has the third highest inflation in the 27-m...

Wed, 19 Dec 2007: Gas prices set to soar…

"One of the price mechanisms in the future will be the price of fuel oil, as well as fuel prices in the European fuel market as it is in other European countries," said Makaris. This means that, ...

Wed, 28 Mar 2007: Latvian fuel market dominated by oligopoly: report…

In recent years the Competition Council has dogged fuel retailers, particularly after the sharp rise in prices at the pump two years ago. Government ministers have repeatedly turned to the counci...

Wed, 14 Feb 2007: Grybauskaite against diesel excise hike…

A European Commission report found that large gasoline tanks allow truckers to fill up where diesel is cheapest and avoid buying fuel in more expensive countries. Germany, for instance, lost som...

Wed, 12 Apr 2006: Latvia still hexed by prices…

In Lithuania consumer prices were up 0.2 percent month-on-month as a result of growing prices for food and beverages as well as medical products and services, while prices in Estonia last month w...

Wed, 15 Feb 2006: Latvian inflation shows no sign of abating…

Heating rose 3.4 percent in January, natural gas 19.1 percent and water 3 percent. New tariffs pushed up postal services by 48.2 percent as well. The statistics bureau noted that consumer price gr...

Wed, 14 Dec 2005: Latvian inflation going strong, GDP growth hits double-digits…

The statistics office said that growing prices for bread, fruit and heating energy, as well as falling fuel prices, had the greatest impact on consumer price changes in November. Inflation continu...

Wed, 27 Apr 2005: Gas prices spark price-fixing debate…

Neste Latvija retail manager Zigismunds Niedra was quoted by the Baltic News Service as saying that "Friday brought to the fuel retail market changes that required immediate response to keep price...

Sat, 21 Jun 2003: Producer, consumer prices down…

Excluding oil products, overall producer prices slid by 3.7 percent in year-on-year terms and registered a 0.7 percent decline month-on-month. Overall producer prices on the domestic market fell b...

Thu, 16 Jan 2003: Record low inflation for Latvia…

"Latvian prices have increasingly become synchronized with the EU's price level, and through imports prices have also fallen here." The Latvian consumer price index in 2002 nudged up 1.4 percent, ...

Thu, 17 Sep 1998: Estonia to hike excise tax on cars…

When the new excise tax comes into effect, the tax on that same car will be 33,000 kroons.Many of the parties say the tax hike is unneccesary because its purpose is not clear. Tallinn already has ...
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