Section: Latvia
Regulator watching Latvia’s PrivatBank
Latvia’s financial regulator, the Financial and Capital Markets Commisison (FKTK) said December 19 it was monitoring the situation following the announcement that Ukraine was nationalizing its largest retail bank, PrivatBank. …read more Source:...
Ukrainian government nationalizes PrivatBank
The Ukrainian government took over control of Ukraine’s PrivatBank last Sunday after the Ukrainian central bank requested a temporary supervision of the bank to keep it from going bust because of bad debts. …read more Source: The Baltic...
Estonian tycoon Hillar Teder gives half of one company to another to cover debt
stonian tycoon Hillar Teder, the founder and majority owner of the Ukrainian development company Arricano, transferred 49 percent of the shares in his company Filgate Credit Enterprises Ltd. to Arricano to settle a debt of 39.8 mln USD. …read more Source: The Baltic...
EU extends targeted sanctions against Russia
The heads of European Union member states decided in a summit on December 15 to extend for another six months the bloc’s sanctions against Russia for Moscow’s actions in Ukraine. …read more Source: Baltic News...
EU leaders agree to extend sanctions on Russia
EU leaders agreed Thursday to extend economic sanctions on Russia for six months until July 2017, EU diplomats said, reports LETA. …read more Source: The Baltic...
Dutch court rules for Crimean ancient treasures to go to Ukraine
A court in the Netherlands decided on December 14 that ancient valuables lent to a museum in Amsterdam should be sent to Ukraine, not returning them to museums in Crimea. …read more Source: Baltic News...
Police in Ukraine arrest suspects who blackmailed Estonian businessman
Ukrainian law enforcement authorities conducted a series of arrests and searches to detain members of an organized criminal group in Zatoka, a Black Sea resort in southern Ukraine, who attempted to extort money from Estonian investor Marcel Vichmann, writes LETA/BNS accordind to the news portal Kyivpost said. …read more Source: The Baltic...
Poroshenko sees Lithuania’s role in Ukraine’s fight for freedom as important, symbolic – The Baltic Times
KYIV – Ukrainian President Petro Poroshenko views Lithuania’s contribution to Ukraine’s fight against aggressors in seeking support in t…… …read more Source: The Baltic...
Baltic PMs call for continued sanctions against Russia
The European Union’s sanctions against Russia must remain in place until the Minsk agreements on Eastern Ukraine are implemented, the three Baltic prime ministers said on Riga on Friday. …read more Source: The Baltic...
EU auditors don’t know, where billions allocated to Ukraine were spent
The European Union over the recent years transferred billions of euros to Ukraine, for the most part as direct budget support and yet EU’s European Court of Auditors stated on December 6 it was unable to say how the money was spent. …read more Source: Baltic News...