The key objective of the central bank's monetary policy is to facilitate the favourable macroeconomic environment for growth of the national economy in the long term. The course of global economic ...

In 2008, the sales of the biotechnology and cosmetic products company BIOK Laboratorija reached 11.6 million litas (3.338 million euros), an increase of 22.4% year-on-year. The most successful period ...

Lithuanian aviation enterprise Avia Solutions Group (ASG) sold 95.5% of Small Planet Airlines AS that is registered in Estonia, writes LETA/Postimees Online. The Estonian-based airline was sold to OÜ ...

Tallinn University has been accepted as a member of the EMICC (European Master in Intercultural Communication), as the Tallinn University said in a statement. It is an important step for the Tallinn ...

The European Bank for Reconstruction and Development (EBRD) is ready to acquire the minority stake at Parex banka, making an investment of EUR 100 million (LVL 70 million), Prime Minister Valdis ...

Germany's export credit insurance company Euler Hermes will revise the rating of lowest risk ascribed to Lithuania and will evaluate companies individually. Economy Minister Dainius Kreivys heard such ...

The ice cover on the Baltic Sea is now at it widest extent since 1987, and it is expected to freeze over even more, according to Finnish meteorologists. Furthermore, warmer temperatures and high winds ...

The Tallinn city council approved on Thursday of the 2013 budget of the Estonian capital city that focuses on needs of children, guaranteeing sports facilities and introducing free public transport ...

It is planned to intensify work on increasing cargo transportation volumes between Kazakhstan and Latvia, as well as attracting cargo from China, the state-owned joint-stock railroad company Latvijas ...

According to Statistics Estonia, in July 2010 the producer price index of industrial output increased by 0.5% compared to June and by 3.9% compared to July of the previous year. In July compared to ...

According to a survey, which purpose was to clarify what eye color the people of Latvia have, turned out that the most common eye color among citizens of Latvia is bluish-grey. The research, which was ...

The Riga Regional Court has accepted Ventspils Mayor Aivars Lembergs' claim against the Prosecutor General's Office and the Finance Ministry, in which he demands the two government institutions pay ...