FinancialMarkets

Lithuania’s Siauliu Bankas places EUR 300 mln note issue in intl markets

Siauliu Bankas, one of Lithuania’s largest banks, has made its debut in the international debt capital markets with a 300-million-euro fixed-rate note issue. The bank said in a statement on [..]

Germany’s Commerzbank has serious intentions in Lithuania

The intentions of Commerzbank, one of the largest German banks, in Lithuania are “absolutely serious” and the bank should inform about them itself in the nearest future, Economy and Innovation [..]

State might buy up to EUR 100 million worth of airBaltic shares – Aseradens

The Latvian state might purchase up to EUR 100 million worth of shares in airBaltic national carrier, Finance Minister Arvils Aseradens (New Unity) told reporters following the weekly coalition meeting [..]

Committee clears crypto asset market bill for 1st reading

The finance committee of the Riigikogu on Thursday sent to the plenary for the first reading a bill on the crypto assets market, initiated by the government, which would make [..]

Luminor chief economist: Estonian prices jumped past input costs in January

Explaining the causes of the fast rise in the prices of goods and services in January, Lenno Uuskula, chief economist at Luminor, used the term “menu costs” from Keynesian economics [..]

High Euribor drives lumber prices in Estonia to lowest in years

Over the past year, all kinds of prices in Estonia have seen largely sharp increases – but lumber prices have halved. Behind this particular drop is the same factor troubling [..]

Latvian annual inflation drops to 2.1% in October

In October 2023 Latvian consumer prices declined 0.4 percent from this past September as the annual inflation rate (October 2023 against October 2022) dropped to 2.1 percent from 3.3 percent [..]

Finance minister feels foreign banks’ interest in Lithuania

Lithuanian Finance Minister Gintare Skaiste says she feels the interest of foreign banks in the Lithuanian market, adding, however, the emergence of a new bank in the country may take [..]