Court sentences Baltic Media Alliance to EUR 3.1 million fine for breaching sanctions
At the end of January Riga District Court sentenced LLC Baltic Media Alliance (BMA) co-owner Oleg Solodov and BMA Estonian branch director Margus…
Category: Business
Facebook parent company’s stock price drops by 26.4% in one day
In the US stock market, the parent company of Facebook has suffered a dramatic drop in its stock price value by 26.4% after…
Motorists under pressure as Estonian retailers set new petrol price record
With motor fuel prices continuing to increase in the Baltics, Estonian motorists witnessed another record in the retail price of petrol 95 on…
Lithuanian economy grew by 5.1% in 2021, according to official statistics
The data on the Lithuanian economy in 2021 summarised by Statistics Lithuania showed that the gross domestic product (GDP) of the Baltic country…
Internet giants in Germany oppose law requiring to report hate speech to police
US and Chinese social media giants Google, Meta, Twitter and TikTok have turned to a court in Germany to oppose new rules in…
Central Statistical Bureau reports improved business environment in Latvia
In January 2022, business confidence indicators were positive in retail trade and services sector, while in industry and construction, although improving, business confidence…
Latvia’s GDP up 3.4% in fourth quarter of 2021
In Q4 2021, compared to Q4 2020, gross domestic product (GDP) according to seasonally and calendar non-adjusted data increased by 3.4 %. According…
Entrepreneurs: Latvian PM should apologize for making false claims
«The public claim from the prime minister that residents in Latvia sustain entrepreneurs from their taxes is completely false, offensive to entrepreneurs and…
Construction prices in Estonia grew by 14.7% Q4 to Q4
In Estonia, the construction price index grew by 14.7 from the fourth quarter of 2020 to the respective period of 2021, while in…
