Wed, 30 Jun 2010: World Cup football fever in Lithuania…

According to the data by Sip Gallup Media/TNS, the average rating of the Lithuanian TV audience of a World Cup match is 4.5 percent (the data portrays the audience only for the first 11 World Cup ...

Thu, 28 Jan 2010: Belavia discovers Riga international airport…

Belavia is the first airline to join Riga airport’s ‘family’ this year. In April, another low-cost airline, Wizz Air, is expected to begin flights to Riga. Flying on the first...

Thu, 22 Oct 2009: Estonians claim Latvia is risky business…

Kao, whose Selver supermarket group recently announced that it was stopping its expansion in Latvia, said that this was not the time to invest in Latvia or Lithuania. Estonians say that Latvian ...

Thu, 18 Jun 2009: The week’s top news in world financial markets from Maximus Capital…

From a peak of $64.3 trillion in the second quarter of 2007, household net worth fell to $50.4 trillion in the first quarter of this year. Even when scaled by disposable income, this is a massive ...

Wed, 3 Jun 2009: Lithuanian energy not tied to Russia: Sekmokas…

If there is a need, we will be able to buy electricity from Russia as well, but everything will be done under market conditions," the minister told the daily Lietuvos Zinios. Lithuania has no ele...

Wed, 5 Jul 2006: Experts: Foreign demand will keep real estate prices afloat…

This "buy-to-let" approach can lead almost anywhere 's it could be a flat in China, a vacation property in sunny Bulgaria, a two-bedroom in Poland. All carry the promise of high returns through re...

Wed, 1 Mar 2006: Baltic sugar mills preparing to slash output…

Currently sugar in the EU is heavily subsidized, with prices some three times higher than world levels. The council decided that the minimum subsidized prices should decrease by some 36 percent, a...

Wed, 7 Dec 2005: Welfare minister to ask for minimum wage increase, jawbones employers…

"But if they are offered a salary 10 times more in Ireland, then of course they'll go. At the same time, people have said in public opinion polls that if they were able to earn [in Latvia] three t...

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, 18 May 2005: Study: Lithuanian managers paid little, but can buy more…

For instance, the study revealed that senior managers in Hungary earn around 44,000 euros annually, but they can buy less with their salaries than their Lithuanian counterparts because of differen...

Thu, 5 Jun 2003: Latvia needs courier service…

In fact, Estonia's courier services are three times more developed than Latvia's, he said.Skodovs said that one of the best goals for the Latvian postal company would be signing an agreement with ...

Thu, 3 Apr 2003: Snoras acquired by Russia’s nuclear interests…

To circumvent the rule, Konversbank purchased 100 percent of Luxembourg-registered Incorion Investment Holding Company, a move that also exempts the deal from initial regulation by the Bank of Lit...

Thu, 20 Mar 2003: Economy surging forward…

The country's foreign trade deficit amounted to 173.7 million litas, more than three times lower than a year ago. EU markets remain the main destination for Lithuanian exports, accounting for 40.4...

Thu, 19 Aug 1999: No transition period for tax-free trade…

"I think this could cut the number of passengers in half," she added.Aleksius said abolishing tax-free trade would force Hansatee to raise its ticket prices to compensate for the loss in revenue f...

Thu, 25 Feb 1999: Eesti Telefon to cut international tariffs…

The tariff of each service should correspond to its actual price," said Enno Kiviloo, spokesperson at Eesti Telefon.Eesti Telefon might cut its tariffs by three times. He also said that monthly su...

Thu, 3 Sep 1998: ID cards replace Estonian passports…

"Many won't need a new expensive passport unless they travel outside the European Union. This suits the numerous Estonian pensioners, who will look into cheaper options," Kuivjogi said. People are...
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