Economy
Riga
CORPORATE
Lithuanians sweeping seafood markets in Riga
Lithuanian buyers are going to the Latvian capital to shop for fish and seafood. Recently, Lithuanian flows to seafood markets in Riga have risen 89%, Lrytas.lt reports. On Fridays and Saturdays, Lithuanians make up one […]
CORPORATE
Property prices in Vilnius still over 30% below pre-crisis peak
Property prices in Vilnius are still 38.7% below their pre-crisis peak before a housing bubble burst with the financial crisis, only Tallinn of the Baltic capitals has seen its prices recover to near pre-crisis levels. […]
Society
Economy
Uncategorized
Uncategorized
Vilnius top Baltic capital for quality of life
Lithuania‘s capital has a higher quality of life than other Baltic State capitals Riga and Talinn, and is ranked as the fourth best city in Central and Eastern Europe to live in, according to new research conducted by Mercer. […]
CORPORATE
Klaipėda increases record traffic as surrounding Baltic ports decline
Klaipėda seaport reached an all-time record level shipping traffic last year of more than 38 million tons and this year is still holding its leadership position as traffic declines at other Baltic sea ports. […]
CORPORATE
Bigger is better in Baltic city shopping mall boom
Growing consumer demand in Lithuania and the Baltic States is pushing developers to build bigger and bigger shopping centres throughout the three countries. […]
Uncategorized
Is Vilnius still the least expensive Baltic capital?
Vilnius is often hailed as the least expensive capital city among the Baltic countries – at least that is what the Lithuanian Statistical Department claims. However, price comparison website Numbeo.com shows that prices in Vilnius are very similar to Riga, and in some cases, even more expensive. […]
European Union
Seimas committee chair: Lithuania expected more from Eastern Partnership summit
Lithuania had expected more from last week’s EU Eastern Partnership summit, says Benediktas Juodka, chairman of the Lithuanian Seimas Committee on Foreign Affairs. […]
European Union
Europe remains open to Eastern partners, President Grybauskaitė says
Lithuanian President Dalia Grybauskaitė says that at the European Union‘s (EU) Eastern Partnership Summit the EU will once again assure its commitment to cooperate with countries of Eastern Europe. However, the extent of cooperation will depend on the resolve of each country. […]
Uncategorized
Putin’s middle class is fleeing to Latvia
Vitaly Mansky, a Russian documentary filmmaker, knows exactly when he decided to establish a bolthole outside the Russian Federation. It was the spring of 2014, and Mansky was in Spain for a film festival, watching news in his hotel room. An anchor at one of the Kremlin-controlled news stations reported that Russia’s parliament had allowed President Vladimir Putin to use the army to protect his compatriots in other countries. In other words, they had legalized the annexation of Crimea and provided support for pro-Russian combatants in Eastern Ukraine. […]