The Baltics Today

“Maxima” turnover decreases in H1

During the first six months of 2014, retail trade company "Maxima Latvija" turnover decreased as compared to the respective period of 2013, infoms NOZARE.LV/LETA reffering to "Maxima Latvija" spokesman Janis Beseris.

Amount of online purchases increases by 25% - “Swedbank”

Increasingly more people choose to shop online - Swedbank statistics indicate that during the first five months of 2014, the amount of online purchases by Swedbank clients increased by 25 percent as compared to the respective period of 2013, reports LETA.

Latvia registers EU’s fourth lowest government debt in Q1

Latvia's government debt to GDP ratio stood at 38.2 percent at the end of the first quarter of 2014 - the fourth lowest government debt across the European Union, according to the latest data from the EU's statistical office "Eurostat", informs LETA.

airBaltic has become world’s first Aarline to accept Bitcoin

Latvian airline airBaltic has become the world’s first airline to accept Bitcoin as payment for its tickets to 60 destinations in Europe, Middle East, Russia and the CIS, reperted BC Janis Vanags, Vice President Corporate Communications.

State of emergency declared in all border areas with Russia and Estonia

Due to an outbreak of African swine fever, the Cabinet of Ministers today declared a state of emergency in all border areas with Russia and Estonia, informs NOZARE.LV/LETA.

Latvia’s EU funds absorption rate slightly lower than in Estonia and Lithuania

The Baltic States are among the first in the European Union in regard to absorption of EU funds, nevertheless, Latvia is slightly behind Estonia and Lithuania, according to international business consultations company KPMG's study on the EU Structural Funds absorption rates in Central and Eastern...

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