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Category: Business

Estonia adopts state budget with defence spending equalling 2.3% of GDP

09.12.2021 Ogres

The Estonian parliament has passed the draft state budget law for the year 2022, earmarking defence spending that equals 2.3% of the Baltic…

OPINION | Ventspils has «three sea ports» – this is not good for entrepreneurship

08.12.2021 Ogres

From ancient history we know a triumvirate is not the best form of governance. The Roman Empire tried it twice and in both…

Ventspils has «three sea ports» – this is not good for entrepreneurship

08.12.2021 Ogres

From ancient history we know a triumvirate is not the best form of governance. The Roman Empire tried it twice and in both…

Estonia records 8.8% inflation in November year on year

08.12.2021 Ogres

The Bank of Estonia has registered an 8.8% inflation year-on-year in November, while from October 2021 it gas increased by 1.8%. A cold…

Baltic states engaged in bringing new themes to redesign euro

07.12.202107.12.2021 Ogres

The European Central Bank (ECB) has launched a process to find themes for redesigning the banknotes of the euro. Representatives of the three…

Latvia’s government considers temporarily reducing VAT for electricity

07.12.2021 Ogres

The ruling coalition in Latvia has put on the discussion table the topic of temporarily reducing VAT for electricity. The Ministry of Economics…

Week in Lithuania: Vilnius rejects claims of violence against migrants, Lithuania receives support from France

04.12.2021 Ogres

Last week, the top news stories in Lithuania were business deals in Baltic trade and Lithuanian industry, Vilnius rejected claims of violence against…

Train tickets in Estonia to get 9.5% more expensive in 2022

03.12.202103.12.2021 Ogres

Estonian passenger train operator Elron has announced making train tickets 9.5% more expensive from the new year, Estonian public broadcaster ERR reports. In…

Lithuania’s record inflation affects savings and pay rises, experts evaluate

02.12.2021 Ogres

Eurostat’s estimates that Lithuania has experienced the highest inflation in the euro area – 9.3% – from November 2020 to November 2021, has…

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