All News
Leading Packaging Producers at FOODEX 2010, 21-24 March
It is the first time ever a string of companies from the Baltic countries will be exhibiting at FOODEX 2010, which will be held in the Birmingham's National Exhibition Centre, on 21-24 March in Birmingham (UK).
EUROSTAT: Lithuania Shows Highest Increase in Retail Trade
EUROSTAT has informed that in January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania (+7.1%).
Lithuania’s Rating Outlook Raised by Fitch on Budget
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
Lithuanian Cities Top-rated by the fDi Magazine
The benchmark study “European Cities and Regions of the Future 2010/11” by the fDi Magazine, assessed 223 cities and 142 regions in Europe and ranked Lithuania’s capital city Vilnius the 2nd Best Large European City for Cost Effectiveness, with Riga (Latvia) standing on the very top and Lviv (Ukraine) ranking third.
Latvia’s Austerity Measures Proved Viable for Lithuania and Estonia
“For two years bankers have said that a Latvian devaluation was inevitable. The struggle to save the lat’s peg to the euro was bound to end in tears. And a panic in Latvia could topple the wobbly economies of Estonia and Lithuania, which have similar exchange-rate regimes, with repercussions extending across Eastern Europe and to Scandinavian banks that lent recklessly in the Baltics. Yet despite a fall in GDP last year of 17.5%, Latvia seems to have achieved something many thought impossible: an intern
