Wed, 13 Apr 2011: High inflation surprises analysts…

She said that one of the main reasons why inflation in Lithuania causes such resonance is the amount of income that residents spend for food, of which Lithuania is almost at the bottom in the Euro...

Wed, 4 Aug 2010: Fears grow over economic recovery…

“The bad news is that pressures facing manufacturers in the region are only going to increase from here,” Shearing wrote. As the global recovery flags, “there is little chance of...

Thu, 28 Jan 2010: Sluggish regional growth expected this year…

This was the second upgrade to its forecast for 2010, as it said in October that it estimated a 2.5 percent expansion. For 2011 the region will average about 3.8 percent growth. “The grad...

Thu, 22 Oct 2009: Business leaders want government to deliver realistic plan…

"What the government can do now is to convince the international lenders that it can increase budget revenue through [boosting] GDP, not by raising taxes," said Gavrilovs, adding that the governme...

Wed, 10 Dec 2008: Tez Tour seeks to buy airline …

Some years ago we were in a tandem participating in a competition on privatization of Lithuanian airline FlyLAL. We know how to do it. Now FlyLAL is developing successfully without our participati...

Wed, 26 Apr 2006: Full court press…

According to unofficial sources, Yukos President Steven Theede and several shareholders of the crippled Russian oil company met in Turkey on April 25 with Rebgun's representatives to discuss unde...

Wed, 21 Sep 2005: Tez fed up with Novatours…

19 when Tez Tours demanded explanations from Novatours over this matter, the above Internet links did not work any more. The company has not received any explanations from Novatours so far. Curren...

Thu, 8 May 2003: Russians still attracted to Jurmala, Palanga…

According to Antufeyev, Jurmala will need two to four years "to bring all required tourism infrastructure in order.""Jurmala, Palanga -these are places an average Russian is associating with comfo...

Thu, 24 Apr 2003: Wars, SARS forcing Balts to rethink holiday…

Martins Plumins, director of LUTK (Latvia University Tourist Club), Latvians are refusing to go abroad for holidays.. "Tourists in Latvia now fear to come under attack, so they prefer staying at ...

Thu, 9 Jan 2003: Russia starts pumping natural gas to Turkey …

A preliminary quantity of nitrogen was pumped into the pipeline to ensure the dryness of the material, and then the natural gas was sent after it, with a likely 24-hour undersea journey before it ...
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