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Controversial pipeline given green light to move f...
Controversial pipeline given green light to move forward
TALLINN - Nord Stream, a 7.4 billion euro pipeline that would pump natural gas from Russia to Germany and bypass Ukraine, cleared its last major regulatory hurdle on Nov. 5  when Sweden and Finland both gave the go-ahead to a project that could redraw Europe’s energy map, reports The Wall Street Journal. The two countries’ governments said they had granted consent for the pipeline to pass through their exclusive economic zones in the Baltic sea. Denmark approved the project on Oct. 22. This leaves only Russia and Germany to approve the project. Once up and running, Nord Stream could ...  Full story...
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  Political parties inching towards agreement on property tax...    Company briefs...    Post office management works to cut losses...    Taking Counsel: The new Lithuanian Law on Services: another step towards the common market?...    Slesers running roughshod over the city...    Estonia works to build brand image...    The week’s top news in world financial markets from Maximus Capital...    Not so fast for that fast credit ...    Taxi wars head to court...    Commercial Law amendments in the works...    Japanese market attracts Latvian producers...    Poll reveals conflicting signals...    Estonians claim Latvia is risky business...    The week’s top news in world financial markets from Maximus Capital...    Skies getting crowded again over Vilnius...    Taking Counsel: The company is losing money – should the director or management be held responsible?...    Loss of key staff won’t change paper’s direction, says editor...    Proposal would trigger foreign banks to retreat from Latvia...    The week’s top news in world financial markets from Maximus Capital...    Pharmaceuticals receive direct injection...  
 Nov 04, 2009 - Lithuanian entrepreneur making ethics a personal b...
Lithuanian entrepreneur making ethics a personal business
VILNIUS - The gleaming towers of Vilnius’ new business district give the appearance of a confident and dynamic metropolis. And the refurbishment may be more than just skin-deep, heralding a new way of doing business in the country. Arminta Saladziene personifies this different approach. With an office in the heart of the glass-and-steel Lithuanian Wall Street, the 35-year old president of NASD...
 Nov 04, 2009 - Airline giant considers Riga for latest hub...
Airline giant considers Riga for latest hub
RIGA - Thanks to the significant surge in passenger numbers at Riga International Airport, Europe’s biggest low-cost airline Ryanair is considering establishing a base in the Latvian capital, says airline sales and marketing manager Laszlo Tamas, reports news agency LETA. He pointed out that the passenger turnover for the airline at the Riga Airport will soon reach 850,000 passengers per year. T...
 Nov 04, 2009 - Political parties inching towards agreement on pro...
Political parties inching towards agreement on property tax
KLAIPEDA - With the Latvian government’s decision to implement a property tax from next year, Lithuanian political parties and the government itself are ardently arguing over the necessity, terms and size of the much-anticipated real estate tax for Lithuania. It seems that all major parties are tending towards agreement over the necessity of the property tax, however, heated discussions as to whet...
 Oct 28, 2009 - Slesers running roughshod over the city...
Slesers running roughshod over the city
RIGA - Riga Deputy Mayor Ainars Slesers (Latvia’s First Party/Latvia’s Way) has ordered the Riga City Council to draw up a contract to lease a section of the city’s riverfront, from Vansu Bridge to Akmens Bridge, to the company P.V.B. for a period of 12 years for the construction of several floating wharves to serve as platforms for entertainment, reports news agency LETA. No public tenders or d...
 Oct 28, 2009 - Not so fast for that fast credit ...
Not so fast for that fast credit
KLAIPEDA - Are you feeling the credit crunch? Is your bank turning up its nose at your good credit history? What many have done in this situation is to simply pick up the phone and send an SMS to apply for a quick consumer loan; alternatively, one can walk to the nearest post office and fill out a quick credit application. This easy money could soon end, however, as, nudged by the European Uni...
 Nov 11, 2009 - Company briefs...
Latvia’s Competition Council has imposed a record-breaking fine of 6,222,635 lats (8.8 million euros) on five companies distributing Samsung Electroni...
 Nov 11, 2009 - Struggle to attract cargo traffic ...
RIGA - Eastern European seaports will have to soon start looking elsewhere for business, writes news agency LETA. Due to this economic crisis, the con...
 Nov 11, 2009 - Bad faith acts by a member of a leg...
In the presence of a complex economic situation, the tendency to escape payment of debts can be observed. Such avoidance is exercised by using illegal...
 Nov 11, 2009 - The week’s top news in world financ...
USA A monthly economists’ survey indicated that economic growth in the U.S. will be stronger over the coming quarters than previously anticipated a...
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