Latvian banking sector has the lowest customer service quality in Baltic States, according to results of an annual customer service quality study by Dive. The company notes that among the three Baltic States, the best customer support service is found in Lithuania, which has a score of 94.02%. Estonia was next – this country’s banking…
Estonia, Latvia and Lithuania’s development agencies signed an agreement to increase bilateral and trilateral cooperation on their shared goals. The memorandum of understanding will allow Lithuania’s Central Project Management Agency, the Central Finance and Contracting Agency of Latvia (CFCA) and the Estonian Center for International Development (ESTDEV) to share information and expertise more effectively and…
The Swedbank, LHV and SEB pension funds lost several million euros due to a partner’s misconduct in the BaltCap investment fund in Lithuania last November. The BaltCap fund holds 0.1% of their pension funds’ assets. The pension funds of Swedbank, LHV and SEB have invested in BaltCap, the largest private equity fund manager in the…
After a meeting with his Latvian and Estonian counterparts, Lithuanian Minister of Transport and Communications Marius Skuodis said that the Baltic States supported the inclusion of Russian and Belarusian grain in the EU sanctions package. The Baltic States would support the inclusion of grain imports from Russia and Belarus in the EU sanctions package, Skuodis…
Estonia, along with Latvia and Lithuania, continues to have the highest loan interest rates in the eurozone, surpassing the average for that region by several percentage points. European Central Bank (ECB) statistics showed that the average interest rate on newly issued home loans in the eurozone stood at 4.1% as of the end of November…
Latvia’s public is being made well aware of an Estonian initiative to encourage Western nations to provide 0.25% of their Gross Domestic Product (GDP) as military support to Ukraine. ERR’s Latvia correspondent Ragnar Kond spoke to Pauls Raudseps, a well-known journalist in that country who penned an article for independent weekly Ir, both publicizing the…
For Baltic States and Eurozone in general the year 2024 will be yet another endurance year. Nevertheless, more rapid economic growth and reducing inflation will be observed, says the President of Eurogroup, which unites ministers of finance of Eurozone, Minister for Public Expenditure, National Development Plan and Reform in Ireland Paschal Donohoe. Eurogroup president, who…