Wed, 29 Jun 2011: Greek model for Latvian crisis?…

Latvia, which came dangerously close to bankruptcy, had to fire thousands of public servants and close schools and hospitals. It was painful, but the cure has worked, so far. Battered and bruised...

Wed, 10 Jun 2009: Lithuania defends currency…

A lot of speculation has been about the lats. We hope the Latvian government takes all the steps to ensure that stability is maintained," Majauskas added. The Lithuanian litas is pegged at a value...

Wed, 8 Apr 2009: LD to expand to Lithuania, increase port functions…

The company is also trying to attract more cargo to Latvian ports. To do this, the company suggested that ports should be expanded and upgraded. "I believe the ports have to invest more and offer...

Thu, 25 Sep 2008: Moscow gives property market the chills …

A lot of Estonians, even, are worried about buying, because they don't know what's going to happen. A lot of people are fearing the worst," Wells said. "The intelligent investors are probably seei...

Wed, 3 Sep 2008: Taking Counsel: Peaceful Settlement of a Civil Dispute ’s Is It Possible…

One method for reaching mutual agreement is through mediation. On July 15, the Seimas of the Republic of Lithuania passed the Law on Mediation in Civil Cases (hereinafter, the Law). The Law came...

Wed, 27 Aug 2008: Teo LT sues individual for 12 million litas…

He sued the municipality, but lost and lost again on appeal 's not because he was wrong, but because he had tendered his complaint too late. Teo LT does not accept any responsibility for the acti...

Tue, 8 Jul 2008: Haapsalu shows value of heritage investment…

Nor were there any tourist services offering activities and there was no compact information system presenting the castle," added Hankov. The project had to tackle all those problems in order to ...

Thu, 30 Jan 2003: Sell-off plan for Latvijas Krajbanka…

The proposal calls for selling 25.01 percent of Krajbanka's present paid share capital in a single block for cash, as well as offering 6.6 percent to the bank's current and former employees and tr...

Thu, 23 Sep 1999: Faberge lays golden egg in Vilnius…

It is the Faberge that hawks wares that the middle class could not even begin to covet. But right in the heart of Old Vilnius, these self-same jewels are being hawked for four-digit-and-up prices....

Thu, 9 Sep 1999: Baltika turns to the West…

"Poland is a market with 40 million people, 20 percent of whom have purchasing power. The market is increasing tremendously and has potential," said Koster. Baltika is planning to sell its product...

Thu, 5 Nov 1998: Job losses hard to pin down…

A lot of enterprises have two forms of bookkeeping. Businesses say it is impossible to work with official books, because it would mean bankruptcy in the future."Some companies have already had to ...

Thu, 1 Oct 1998: Used car market puts on the brakes…

Today, cars in the sandy lot can still be seen undergoing typical quality tests: tires are kicked, hoods are lifted. But sellers sedately explained that the business of buying cars in Western Euro...

Thu, 6 Aug 1998: IMF gives economy clean bill of health …

"It's not the perfect solution. I won't pretend it is," said Kapur. "Sometimes, you have to accept a solution that is second best." The IMF would have preferred a solution that had closely adhered...
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