Section: The Baltic Course (Latvia)
EBRD to invest more in Central Europe, former USSR and Baltics
The European Bank for Reconstruction and Development (EBRD) promised on May 15th 2015 more funds for ex-Soviet countries, the Baltics, Central Europe, and Greece, but ruled out new investments in Russia due to Western economic sanctions over Ukraine, reports LETA/AFP. …read more Source: The Baltic...
Geopolitical tensions overshadow concerns of financial institutions about low interest rate risk in Lithuania
Financial institutions operating in Lithuania consider the risk arising from the prolonged period of low interest rates as increasingly significant, although, with the persisting geopolitical tensions, the risk related to a likely exacerbation of Russia’s and Ukraine’s conflict and related consequences has been assessed as the major...
Rinkevics: the Riga Summit will support Ukraine’s reform efforts
On 13 May 2015, the first day of the Meeting of the NATO Foreign Ministers in Antalya, the Latvian Foreign Minister Edgars Rinkevics took part in a discussion on the progress achieved in Afghanistan and NATO’s cooperation with Ukraine, as well as challenges to security in the Alliance’s eastern and southern neighbourhood and...
Russian tourists in Palanga have been replaced by guests from neighbouring countries
Forecasts claiming that tourism flows will subside in Lithuania because of the war in Ukraine were not true: Russian tourists have been replaced by guests from neighbouring countries, reports LETA/ELTA, referring to Vakaru ekspresas. …read more Source: The Baltic...
Estonian MFA: e-governance a good tool for implementing association agreement between Eastern Partners and EU
At the opening of an e-government themed seminar in Tallinn on Monday, Estonian Foreign Minister Keit Pentus-Rosimannus spoke to experts from Ukraine, Armenia, Azerbaijan, Belarus, Georgia and Moldova about the value of developing e-government and the use of IT solutions in state reform, reported BC the foreign ministry. …read more Source:...
Latvian MFA: the Eastern Partnership Summit will be a challenge for the EU
On 5-6 May 2015 in Helsingør and Copenhagen, the Foreign Minister of Latvia, Edgars Rinkevics, took part in the meeting of the Nordic and Baltic (NB8) Foreign Ministers, who discussed the issues of energy security, strategic communication and an independent media environment, the European Union (EU) Eastern Partnership and developments in...
Over half Lithuanian companies geopolitical tensions will not affect business
The first results of the Survey of Lithuania’s Non-financial Enterprises shows that most entrepreneurs believe that the events in Ukraine will not affect or insignificantly affect the financial situation and ability to repay loans of the enterprises that they represent. During the study, the heads or financiers of around 500 enterprises in...
Chernobyl fires have not increased radiation level in Estonia
The landscape fires in Ukraine, in the vicinity of the Chernobyl nuclear power plant, have not increased the radiation level in Estonia, Public Broadcasting cites the Environment Board. …read more Source: The Baltic...
PM: Latvia and the whole of Europe will continue to support Ukraine in its reform process
Addressing the participants of the “International Support for Ukraine Conference” in Kiev today, the Prime Minister of Latvia Laimdota Straujuma pointed out that Ukraine faces immense challenges – resolving conflict in the eastern part of the country, country’s territorial integrity and economic growth, reports BC press...
German entrepreneurs anticipate good opportunities in Lithuania
Despite the Ukraine conflict, German companies continue to believe in the good prospects of the three Baltic markets. Nine out of ten German investors participating in the recent survey of the AHK Baltic States would re-invest in the region, reports BC Invest Lietuva. …read more Source: The Baltic...
