Wed, 2 Mar 2011: Disgruntled shareholders claim rights…
Mar 2, 2011 Baltics
The value of investment by Parex Bank minority shareholders has reduced significantly since the government bailed the bank out in 2008. The transfer of Parex Bank so-called ‘good’ as...Tags: Assets, Borrowings, Economy, Global Financial Crisis, High Risk, Latvian Government, Latvian State, Minority Shareholders, Money, Parex Bank, Poor Management, Sums, Syndicated Loans, Western Banks
Wed, 28 Feb 2007: Investigators raise ante in ‘Ventspils affair’, detain two businessmen, …
Feb 28, 2007 Baltics
Prosecutors announced the next day that Vaivads had been detained on suspicion of having pocketed large sums of unreported cash, including laundered funds, either on his own or via offshore compan...Tags: Business Center, Businessmen, Investigators, Offshore Companies, Oil Products, Oil Transit, Premises, Prosecutors, Sums, Suspicion, Ventspils Nafta
Wed, 18 Oct 2006: Schengen essential for Estonian-Latvian economic ties…
Oct 18, 2006 Latvia
"I own a farm in southern Estonia, and in the past I used to visit Rujiena and Valmiera quite frequently. But to get there, I often had to take gravel roads," Ilves said, adding that road improvem...Tags: Baltic States, Brussels, Business People, Economic Ties, Free Circulation, Gravel Roads, Investment Environment, Latvia, Oriented Businesses, Road Improvements, Schengen Treaty, Schengen Visa, Southern Estonia, Sums, Travel In Europe, Visa Travel
Wed, 7 Dec 2005: Niam to invest large sums…
Dec 7, 2005 Baltics
Other investments will follow in Lithuania and Estonia, the company announced.. ...Tags: Invest, Investments, Lithuania, Niam, Sums
Wed, 12 Oct 2005: Fly LAL irked by Ryanair’s privileges….
Oct 12, 2005 Baltics
He said that the government was distorting market conditions by spending large sums on "doubtful" advertising and getting more expensive services for the money.FlyLAL, which was recently privatize...Tags: Competition Council, Favoritism, Fly, Fly Lal, Flylal, Gripes, Hasn, Lithuanian Airlines, Low Fares Airline, Money, Offi, Privileges, Ryanair, Sums
Thu, 22 Jul 1999: Estonia reforms social tax system…
Jul 22, 1999 Estonia
The pension sums are income tax free until they are withdrawn from the fund. The government does not intend to change the present social tax rate to carry out pension reform. At present, the emplo...Tags: Endowment, Estonia, Health Insurance, Income Tax, Insurance, Insurance Budget, Insurance Payments, Pension Fund, Pension Funds, Pension Insurance, Pension Reform, Pillar, Social Tax, Sums, Tax Rate, Trade Unions