The Baltics Today

Unemployment: lowest in the last 9 years in Latvia

The labour force survey data received today are not surprising: unemployment in Latvia continues to drop. At 8.9%, unemployment rate is the lowest since 2008 and lower than Latvia’s historical average. It is also slightly lower than the current euro area average. Moreover, unemployment may have ...

Parnu Council to cover expenses of airport by up to EUR 400,000 per year

Council of the city of Parnu on August 17th agreed to cover the expenses of Parnu airport in the amount of up to 400,000 euros a year from 2020 onwards, but the council will decide the exact amount when approving the budget of each year, the regional daily Parnu Postimees writes, cites LETA/BNS.

During the Port Festival Rigans invited to reach the new cargo turnover record

Every day around 95,000 tons of cargo are transhipped at the port of Riga. This weekend, every visitor of the Port of Riga will be able to participate in the transhipment of cargo at the Freeport of Riga, thus inviting everyone to achieve together a new record for the volume of cargo ever transhi...

6,100 Latvian families with children have used government support to buy housing

Development Finance Institution Altum (Altum) has so far granted over 6,100 loan guarantees under the government support program helping families with children buy their first housing, Altum representatives told LETA.

EVR Cargo okays continuing with Russia freight car business

The supervisory board of the Estonian state-owned rail cargo operator EVR Cargo on August 17th approved the plan of expanding its freight car business in Russia and the company is planning to move forward with the business once the Estonian government has agreed to it, the daily Postimees writes,...

Energy Advice opens office in India, eyes further expansion

Lithuania's Energy Advice, the developer and supplier of the power system modeling and fault analysis software EA-PSM, last year opened an office in India together with its local partners, the daily Kauno Diena reported on August 18th, cites LETA/BNS.