Swedbank’s former CEO in Sweden charged over Estonia scandal
In Sweden, charges of fraud and market manipulation have been announced against the former chief executive officer of Swedbank AB, Birgitte Bonnesen, with…
Category: Business
Kazāks: Latvia is in dire need of sustainable and far-sighted energy policy
Latvia is in dire need of a sustainable and far-sighted energy policy, said Bank of Latvia governor Mārtiņš Kazāks in an interview to…
Vilnius begins to demolish stadium ruins to build new one for EUR 40 million
In the 1980s, in Vilnius, a massive project of a national stadium was launched, but was left unfinished and has remained in limbo…
Tallink passenger numbers dropped by 20.6% last year, while cargo volumes increased
Shipping giant Tallink Grupp transported 2,961,975 passengers in 2021, which was a decrease by 20.6% compared to the first year of the pandemic….
Electricity price in Latvia down 55% last week
Last week the electricity price in Latvia decreased by 55% to 111.68 EUR/MWh, as reported by JSC Latvenergo representative Ivita Bidere. The price…
Inflation in Turkey reaches 36%
Yearly inflation in Turkey reached 36% in December, pointing serious difficulties in the large economy of the NATO member state, British public broadcaster…
Bank of Latvia governor: inflation should decrease in the second half of 2022
Inflation in Latvia should decrease in the second half of the year, said Bank of Latvia Governor Mārtiņš Kazāks in an interview to…
Opinion | Latvian government doesn’t think about budget deficit, it thinks about destroying transit sector
Opinion piece Both the state budget deficit and Latvia’s external budget suffered an avalanche-like surge during the term of the government of Prime…
Opinion | Latvian government doesn’t think about budget deficit, it thinks about destroying the transit sector
Opinion piece Both the state budget deficit and Latvia’s external budget suffered an avalanche-like surge during the term of the government of Prime…