Riga

Baltic markets flat, but good news from Grindeks

Riga - The three Baltic stock exchanges stayed fairly flat Thursday in a day of thin trading, but a pharmaceutical company provided some cheer. The NASDAQ OMX Tallinn exchange in Estonia was down 1.76 per cent, the Vilnius...

Baltic air wars intensify

RIGA - Lithuania’s flagship carrier FlyLAL-Lithuanian Airlines was forced to pay up on Oct. 27 accumulated debts of 40,000 euros to secure the release of one of its planes impounded the previous day at Riga’s international...

New KNAB head by year end

RIGA - The Latvian government has announced that it will provide a candidate for the controversial post of head of the anti-corruption bureau by year’s end. Prime Minister Ivars Godmanis’ spokesman Edgars Vaikulis told...

Ships Ahoy! From salt herrings to oil – a look at Baltic shipping

With a key location between East and West and easy access to the Baltic Sea, shipping has traditionally been one of the largest and most important industries in the Baltic states. So it comes as no surprise that shipbuilding...

Police apathy on the rise

RIGA - Complaints of police apathy have skyrocketed after the government failed to raise police wages in response to widespread protests last September. “They’re simply lazy. For example if someone reports that a purse was...

A lifetime of pictures

RIGA - Somebody once said that a photograph is memory in the raw. The adage could have been written about the work of Juris Kuprijanovs, photographer of the stars and photographer of the changing faces of Latvia. The...

Bankers cautious despite good results

RIGA - The largest Nordic banks have raised concerns about the macroeconomic situation in the Baltics by drawing parrallels to the situation that led to their own financial crisis in the early 1990s. “I do not know how bad it...

Riga City Council promises to economize

Riga city council employees will speak less using their mobile phones, will use less gas, will not go on business trips and will take into account entrepreneurs suggestions and needs, - the Chairman of Riga City Council, Janis...

Baltic markets see gains on news of takeover of Lithuanian firm

Riga - The three small Baltic stock exchanges stayed in positive territory Wednesday, with some excitement sparked by news of a takeover of a Lithuanian ceramic tile manufacturer. Trading in the company, Dvarcioniu Keramika,...

US extends visa-free entry to Baltic residents starting November 17

Riga - Citizens of the three Baltic states of Estonia, Latvia and Lithuania will be able to travel to the United States without visas from November 17, a senior US official said Wednesday. US Secretary of Homeland Security...