U.S. software giant Microsoft has acknowledged it would close its mobile phone part in Finland, laying off 1,350 workers.
In the crucial oligarch criminal case against Aivars Lembergs, the court at times lacks courage and will to decide issues on their merits regarding, for example, keeping the accused from counteracting the investigation, state prosecutors Juris Juriss and Aivis Zalužiskis evaluate.
The Customs Administration of the Latvian State Revenue Service has recently prevented the smuggling of 269,880 cigarettes from Russia into the territory of Latvia.
Beginning this fall, anyone purchasing alcohol in Lithuania will have to show their ID. The Ministry of Health and Lithuanian retailers have signed a memorandum that will set tighter restrictions on buying alcohol. The good-will memorandum has been signed by Lithuania’s largest retail chains and by the Cooperative Union, which unites a number of smaller stores.
Lithuania‘s adoption of the euro has jerked prices steeply upward and chit-chats of what-costs-what is one of the most daily topics across in Lithuania and in the Palanga resort, rightly dubbed Lithuania’s summer capital, too.
Russian President Vladimir Putin has ordered the embargo on imports of agricultural products imposed against the European Union and other countries that have established sanctions against Russia for its aggression in Ukraine to be extended until the end of 2017.
Indices of Asian stock markets largely moved up showing financial market recovery from the instability that on June 24 and earlier this week followed the unexpected outcome of British EU referendum.
The total loan portfolio of Latvia’s banks has grown by 1.2% or EUR 172 million in May. This means that gradual growth of the total loan portfolio continues for the fourth consecutive month – loan portfolio had increased by 0.6% in April, 0.4% in March and 0.1% in February.