Lithuania, Latvia and Estonia suffered heavily in the global economic crisis. However, they have been able to deal with their problems, and the sanctions imposed against Russia have not affected their economies too much – this is also visible in the Doing Business 2016 report.
The Nordic banking group Nordea plans to sell its Baltic branches and is looking for a buyer. Preparations are reportedly underway to sell off the Nordic bank’s Baltic branches in the near future, with Estonia’s LHV Bank and British HSBC seen as potential buyers. Nordea’s profit in the Baltic States recently amounted to EUR91m, which […]More
(E. Strathmeyer, CC BY-NC-ND)
(pastalane™, CC BY)
(Jirka Matousek, CC BY)