The Baltics Today

Äripäev: Sanctions against Russia would be tougher on Latvia than on Estonia

Tougher sanctions on Russia would harm the business interests of several companies trading with our Eastern neighbour but companies have taken that into account and the effect on the Estonian economy as a whole should most likely be smaller than in Latvia, where transit and trade relations with R...

Lithuanian PM welcomes another step towards banking union

Lithuania's Prime Minister Algirdas Butkevicius welcomes European Parliament's decision made on Tuesday approving new key banking rules that would put an end to expensive taxpayer bailouts, making instead banks rely on their own resources, the prime minister's press service informs LETA/ELTA.

Vopak E.O.S. will launch redundancies

Estonia’s oil product terminals' operator Vopak E.O.S. announced that due to the complicated business environment, it will start cutting its general expenditures and also the number of employees, LETA/Postimees Online reports.

Supporters of the referendum to ban the sale of land to foreigners in Lithuania are prosecuted

Lithuanian citizens, who have signed for land sale ban to foreigners, are being prosecuted. The police are set at them, informed LETA/ELTA, referring to Respublika.

Vasiliauskas presents Lithuania’s preparedness for adoption of euro to Central Banks of Ireland and Finland

The Chairman of the Board of the Bank of Lithuania Vitas Vasiliauskas met the Governor of the Central Bank of Ireland, Patrick Honohan, on Tuesday in Dublin, and presented to him the latest information on Lithuania's economy and the country's preparedness to adopt the euro, informs LETA/ELTA.

Rail Baltica has reached dead end

The fate of Baltic States' speed railway Rail Baltica should become clear in a couple of weeks time, LETA/Postimees writes.

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