Annual inflation in Latvia decreased to 2.1% in July 2009, compared to 3.1% in June, therefore Latvia had just the fifth highest inflation rate in the European Union last month, as the EU statistical ...

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 ...

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 ...

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 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 ...

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 ...

Majority of analysts, interviewed by Estonian business daily Äripäev, noted that current financial crisis in the US has hit Estonia at the worst possible moment, the Baltic Business News Channel ...

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 ...

Rothschild dynasty representatives are considering investing money in the Baltic countries, including Latvia, as the newspaper Telegraf writes today. The Rothschild family is mostly interested in ...

Statistics Lithuania informs that in August 2014, industrial production totalled LTL 5.4 billion (EUR 1.6 billion) at current prices and, compared to July, dropped by 7% at constant prices, seasonally ...

Lithuania, Latvia and Estonia have one of the lowest minimum wages in Europe, the Estonian newsportal PM Online/LETA reports. According to Eurostat, the minimum wage in Estonia is LVL 197.7 or EUR 278 ...