Archive for the ‘Baltic News’ Category

In the months before the scheduled Saeima elections, this coming Saturday, October 4, political campaigning in Latvia was relatively quiet, until now. For the last two weeks, we have seen a surge of activity throughout the breadth of the country. The political stakes are high and each party kn...

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Thirteen parties are vying for the vote, most of them with no hope whatsoever of overcoming the 5 percent vote barrier that must be crossed in order to win any seats in Parliament at all. The campaign has been rather lacklustre, in large part because television advertising has been banned for th...

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The portfolio grew by 83 million euros from July, and its annual growth rate stood at 3.4 percent. The annual growth in the portfolio of corporate loans and leases remained at 5 percent, the same level as in the previous month. The volume of new short-term and long-term corporate loans and leas...

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The Parliament also urges European Union member states to cancel planned agreements with Russia in the energy sector and to support farmers affected by Russia’s food embargo, said Marta Ribele, acting head of the EP Information Office in Latvia, reports LETA. The lawmakers support the EU ...

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In addition, euro adoption will create the well-being for citizens not only in Lithuania, but in the whole region of the EU’s single currency. These were the messages promoted at an international conference on the euro adoption held in Vilnius last month, reports ELTA. “Beyond show...

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Gene Zolotarev about EU financial system