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 ...

Construction foams and silicones producer Henkel Makroflex closed its plant in Oitti, Finland and moves all of its production to the South West Estonian resort town Pärnu, LETA/Postimees Online ...

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 ...

Finnish supermarket chain Prisma subsidiary in Latvia Prisma Latvija increased its turnover and losses in 2013, according to information provided by Firmas.lv, cites LETA/Nozare.lv. The company's ...

The Riga Regional Court has accepted Ventspils Mayor Aivars Lembergs' claim against the Prosecutor General's Office and the Finance Ministry, in which he demands the two government institutions pay ...

Sweden’s Finance Minister Anders Borg wants to put the squeeze on Swedish banks, where profits have swelled, shareholder dividends ballooned, and interest margins on mortgages doubled. The four major ...

The Latvian national airline airBaltic and Sixt, one of the leading European providers of mobility services, have teamed up to offer more convenient travel for customers. To celebrate the new ...

According to statistics, Lithuania ranks the first place in the world as to the number of suicides, Radio Vilnius reported. Last year alone, 1,025 people committed suicides in Lithuania. Psychologists ...

Estonian ship pilot Indrek Sulla on Tuesday morning sighted two dolphins who had likely erred into Kopli Bay from the Atlantic, Postimees reported, cites LETA/BNS. Sulla said that he had spotted the ...

It is planned to intensify work on increasing cargo transportation volumes between Kazakhstan and Latvia, as well as attracting cargo from China, the state-owned joint-stock railroad company Latvijas ...

According to a recent survey conducted by Maxima Latvija, grocery shopperS name as their favorite Latvia-made food products the sweet cheese curd "Karums", the cake "Cielavina" and the spreadable ...

This is it, my friends! It happened! We finally found someone willing to take over and continue our business. In the year of our 25th anniversary, in June – precisely the month the first ever issue of ...