Eesti Pank issues a collector coin dedicated to the Olympic Games

Eesti Pank presented a silver collector coin dedicated to the Beijing Summer Olympic Games. The nominal value of the coin is ten kroons. The coins, which cost 400 kroons each, are sold in the Eesti Pank Museum (Estonia pst 11) and in the bigger offices [...]

The Ministry of Economy launches a new website for exporters and investors
www.trade.gov.pl a website gathering information and facilitating access to Trade and Investment Promotion Sections of Embassies and Consulates of the Republic of Poland was launched by the Ministry of Economy on July 1st. The website, being the first initiative of the kind devised by [...]

Standard & Poor’s affirmed Estonia’s sovereign rating
Standard & Poor’s Ratings Services affirmed its ‘A’ long-term foreign currency rating on the Republic of Estonia. The outlook is negative.
The press release of Standard & Poor’s confirmed Eesti Pank’s analysis that the Estonian economy is moving towards a balanced and more sustainable development path. This is reflected by [...]

Economic development and prospects in Lithuania
Info is Approved by the Board of the Bank of Lithuania on 24 July 2008.
Compared to April, the Bank of Lithuania’s assessment concerning the key mechanism underlying the deceleration of the GDP growth over the projection horizon has remained broadly unchanged. [...]

Latvia ranks 4th among EU countries with lowest tax burden
Eurostat (ec.europa.eu/eurostat) released the latest figures for tax burdens in Europe. According to the report, EU27 tax revenues in 2006 were at 39.9% of GDP. Meanwhile Latvia’s tax burden was among the lowest in the European Union with 30.1% of GDP.
The only three other countries in [...]

A logo to promote Polish participation in the Shanghai EXPO 2010
The Polish Information and Foreign Investment Agency chose by open competition a project for the Polish logo which is to present the country at the Shanghai EXPO 2010. The Lowe Activation Agency is the author of the winning logo project and of the whole visual [...]

Prices for consumer goods and services in June grew by 0.6 per cent
In June 2008, the most decisive impact on the total change in consumer prices was made by a 0.8 per cent increase in prices for food products and non-alcoholic beverages, 1.7 per cent –transport group of goods and services, 1.1 per cent – [...]

The number of passengers carried by airBaltic this year reaches 1 million

The number of passengers carried by Latvian airline airBaltic in 2008 reached one million this June. For the first time in its history, the airline has carried a million passengers in six months. Last year airBaltic registered its millionth passenger in July, in 2006 [...]

Supreme Chamber of Control (NIK) evaluates PAIiIZ
The results of the Supreme Chamber of Control (NIK) report on the initiatives supporting foreign direct investment (FDI) inflow were revealed. The report assessed the self-government and government administration as well as the Polish Information and Foreign Investment Agency (PAIiIZ) performance. The PAIiIZ’s performance was evaluated positively.
The audit focused [...]

Baltic Biggest Factory of Office Furniture Opened in Lithuania
Last week the biggest office furniture factory in the Baltic States was opened in the Northeastearn Lithuania.
The Ukmergė town, located in the northeastern part of the country was selected as the most suitable place to build and open the factory because of its closiness to the capital [...]