The Baltics Today

In November, annual inflation in Lithuania stood at 4.4%

Statistics Lithuania informs that in November 2017, against October, prices for consumer goods and services increased by 0.3%. This was mainly influenced by an increase in prices for fuels and lubricants, heat energy, milk and milk products, cheese and eggs, as well as by a decrease in prices for...

Tax revenue to Latvian budget EUR 43.62 mln above target in January-November

Revenue to the Latvian budget administrated by the State Revenue Service met the target by 100.6% in January-November 2017, being EUR 43.618 million above the target, the tax authority said, cites LETA.

EUR 106.5 mln loan for construction of Akropole shopping center in Riga largest in SEB’s history

The agreement on a EUR 106.5 million loan for construction of the Akropole shopping center in Riga signed by SEB Banka is the largest loan in the bank's history, said LETA SEB Banka's board chairwoman, Ieva Tetere.

EUR 18.67 made available for implementation of 48 projects fostering Latvian-Lithuanian cooperation

EUR 18.67 million has been made available for implementation of 48 Latvian-Lithuanian cross-border cooperation projects as part of the Interreg V-A program for 2014–2020, the Environmental Protection and Regional Development Ministry's expert Janis Vanags told LETA.

In Q3, labour costs per hour in Lithuania increased by 7.9%

Statistics Lithuania informs that in III quarter 2017, against the same quarter of 2016, labour costs per hour worked in industrial, construction and service enterprises (including individual enterprises), calendar adjusted, increased by 7.9%, of which in business enterprises – 9.2%.

Tallink loses EUR 34 mln fairway dues dispute in Finnish court

The Supreme Court of Finland has decided against an appeal by the listed Estonian shipper Tallink Grupp against the decision of a second tier court not to refund 34 million euros that Tallink had paid in excess in fairway dues to the Finnish state in 2001-2004, informs LETA/BNS.