China has invested more than EUR5bn in Central and Eastern European countries, although according to data provided by the Chinese Ministry of Commerce, this accounts for only 2 per cent of the country's investments in the European Union.
ECB Headquarters, Frankfurt am Main, Germany (Epizentrum, CC BY-SA)
The Lithuanian government is searching for a concession holder to take over the country’s three international airports, with the one in the capital – Vilnius – in particular need of expansion. Vilnius has lost out to Riga – in neighboring Latvia – over the past seven years: whereas Riga had 93 routes at the end […]More
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)