Latvia

Baltic markets flat, but good news from Grindeks

Baltic markets flatRiga - The three Baltic stock exchanges stayed fairly flat
Thursday in a day of thin trading, but a pharmaceutical company
provided some cheer.

The NASDAQ OMX Tallinn exchange in Estonia was down 1.76 per cent,
the Vilnius exchange in Lithuania was down 1.13 per cent and the Riga
exchange in Latvia rose by a marginal 0.12 per cent.

The Baltic Benchmark Index (BBI), which includes data from all three exchanges, closed down 1.45 per cent at 273.9.

Most notable company news of the day came from Latvian

Mothers protest, doctors strike as cuts start to bite in Latvia

Riga, LatviaRiga- Young mothers staged a protest for increased child support Thursday outside the Latvian parliament building, while doctors went on strike and the government wrestled with next year's budget.

Several dozen young mothers with an assortment of prams, pushchairs and carry-cots gathered outside the Latvian parliament holding banners saying "What can you buy for eight lats a month?" and "While MPs are full of cash, children have nothing!"

Eight lats (14 dollars) is the current monthly allowance paid to mothers of children up to the age of three.

Baltic markets end the week downbeat

Baltic markets still shaky, but investors starting to returnRiga - There was a sting in the tail of this week's trading on the small Baltic stock exchanges Friday when prices dropped sharply in response to big falls on the world's main exchanges.

All three Baltic stock exchanges were down significantly at the close of trading, crushing hopes that the worst of the financial downturn might be over in Estonia, Latvia and Lithuania.

Latvia launches online aural history project

Latvian President Valdis ZatlersRiga - Latvian President Valdis Zatlers launched a national history project Friday in the suitably historic surroundings of Riga Castle.

Zatlers recorded a brief piece of video in which he talks about Latvia from a personal perspective.

His contribution will be added to an online library of interviews with ordinary Latvians which has been created at the website www. collectivememory. tv.

The hope is that as video clips are added to the 40 currently online, an authentic aural history of the Baltic nation will be established, distinct from academic history.

Baltic markets still shaky, but investors starting to return

Baltic markets still shaky, but investors starting to returnRiga - The three Baltic stock exchanges were all down Thursday at the close of trading.

The NASDAQ OMX Tallinn exchange in Estonia suffered the biggest hit of the day, down 4.67 per cent. The Vilnius exchange in Lithuania was down 1.73 per cent. Meanwhile, Riga dipped just 0.75 per cent, despite the suffering of three of the larger listed Latvian companies.

Drinks maker Latvijas Balzams, steel producer Liepajas Metalurgs and pharmaceuticals manufacturer Rigas Farmaceitiska Fabrika all suffered double-digit falls in their share prices.

Baltic markets hold steady

Riga, LatviaRiga - The three Baltic stock exc

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