Wed, 17 Aug 2011: Rickshaw drivers menace Old Town pedestrians…

They have to pay rent and insurance (at around 200 lats per month) for the cycles, and can then start to work. Andrejs Aronovs, head of Tourism Policing Section in Riga, maintained that there is ...

Wed, 8 Jun 2011: New investment from Danspin…

“Investment attraction to Lithuania is among the government’s priorities. We are especially delighted that investments come to our region; the Danish company has decided not only to cr...

Wed, 29 Jul 2009: Quick recovery ruled out by EBRD …

The ensuing feedback to the financial sector will no doubt hit bank balance sheets again," said Mirow in preparations for a lecture to the economic research Joint Vienna Institute on July 24. He n...

Thu, 4 Jun 2009: Swedish banks here to stay…

The newly created SEB Baltic division will represent Estonia, Latvia and Lithuania. Despite the double digit contraction in the Baltics this year, banks say they have no plans to withdraw any t...

Thu, 3 Jul 2008: France keen on joining Lithuania’s new nuclear reactor project…

Polish officials are reportedly also considering the nuclear option. France, which took over the rotating EU presidency this week, is the most nuclear power-reliant country in the world. Lithuan...

Wed, 9 Apr 2008: Struggling Snaige offers convertible bonds…

Convertible bonds are a hybrid security combining features of both equity and debt. The provide fixed income for a period of time 's usually at a rate lower than what the debt market offers 's bu...

Wed, 8 Aug 2007: TAKING COUNSEL: Free meals of ‘European champions’…

But there is no doubt that such a fundamental change will shake the foundations of the entire EU competition law and might in the future seriously damage the protection of Estonian entrepreneurs -...

Wed, 7 Feb 2007: Latvian bank analysts strike back at ‘overheating hysteria’…

"Journalists are searching for something to shout about, and Latvia is a very grateful topic," the bank wrote in a separate note dedicated to the spreading fear of overheating. The phrase was ech...

Wed, 17 May 2006: TALKING TAX: New e-tax-returns: has the bureaucracy vanished?…

1) introducing a system of electronic declaration (regarding all tax returns) without a need for the back-up hard copies. Unfortunately, some unnecessary burdens still remain in order to submit ta...

Wed, 14 Sep 2005: Charter flight market to be liberalized…

The minister pointed out that Lietuvos Avialinijos (Lithuanian Airlines) was entitled to take up any route and enter the air transport market in any European Union country without discrimination. ...

Thu, 25 Sep 2003: Home loan market may be out of steam…

In the next five years, Euribor could go up as high as 7 percent, he said.If that happens, people will see a sharp rise in their monthly loan repayments, warned the real estate manager. But there ...

Thu, 10 Apr 2003: Real estate funds may cheer up markets…

Although its previous attempt in the beginning of 2002 failed due to lack of interest, Arco Kapital's real estate fund - Arco Kapital 2 - launched in December managed to raise 6 million kroons (38...

Thu, 4 Nov 1999: The euro before the Euro-union?…

But, the question is if there is a need," Jurgenson said. "We must give time for people to give their opinions of this."So far, public opinion has been restricted to the political and economic sph...

Thu, 9 Sep 1999: Macroeconomic news makes markets nervous…

Instead, it was more in line with the style employed by the British tabloids. The report was based on anonymous sources and pinned the reason for devaluation on the business interests of Latvian P...
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