The Baltics Today

Posts under ‘The Baltics’

Ex-ambassador: Lithuania broke its promise to Latvia over LNG terminal

Lithuania in the late 2000s promised Latvia to support its efforts to build a liquefied natural gas terminal near Riga, but broke that promise, a former diplomat says, informs LETA/BNS.

Melbardis and Strenga to each receive cash reward of up to EUR 38,418 for bronze

The Latvian two-man bobsleigh duo of Oskars Melbardis and Janis Strenga will most likely each receive a cash award of up to EUR 38,418 for their third place finish in the Olympic two-man bobsleigh competition yesterday, according to Cabinet of Ministers regulations, informs LETA.

Pilot project to provide refugees with housing in Latvia to continue till end-2018

The pilot project under which families with the refugee status or an alternative status receive housing-related financial assistance will continue till the end of 2018, the Welfare Ministry's deputy state secretary, Jana Muizniece, told the press, cites LETA.

Hesburger to invest EUR 5.5 mln in expansion in Latvia in 2018

The Finnish-owned fast food chain Hesburger in 2018 plans to invest EUR 5.5 million in expansion of its business in Latvia, the company announced LETA.

EUR 600 mln withdrawn from ABLV Bank since US FinCEN announced on planned sanctions

Over the last week, since the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury announced on its plans on sanctions against Latvia’s ABLV Bank, EUR 600 million have been withdrawn from the bank, said ABLV Bank’s board chairman Ernests Bernis in a press conference on...

Melbardis and Strenga win first medal for Latvia at Winter Olympics

Latvian bobsleigh pilot Oskars Melbardis and brakeman Janis Strenga on Monday won bronze in two-man bobsleigh event at the 2018 Winter Olympics, finishing just 0.05 seconds behind the first place, informs LETA.