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Your personal guide in the business world

Lithuania, Latvia, Estonia – why are these countries particularly attractive for foreign investors today, when the world economy situation is rather unstable? Those are advantageously located EU contries with the European mentality, amicable business environment, developed banking system and possibility of getting the residence permit. According to the yearly research “Paying Taxes 2009”, conducted by the World Bank, International Finance Corporation and PricewaterhouseCoopers, Estonia, Latvia and Lithuania are in top-10 EU countries by the simplicity of the procedures of paying taxes. To open the business in the Baltic states today means to benefit in future.

Latvia invest 99 million lats in CITADELE BANKA
As you know, in March 2010 Latvian government decided to allocate the assets of Parex banka in the creation of a new bank.
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Latvia gave up a profit of millions for 100$, says Belarusian Parex
The Belarusian branch of Parex Leasing, which was sold by the State of Latvia to Rietumu Banka for $100, is worth more, says the former head of Parex Leasing in Minsk Anton Andrenko in an interview with the LNT television.
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AIZKRAUKLES BANKA spent issuing shares, increasing its equity capital by 6.5 million lats
Aizkraukles banka has completed its share issue.
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Rietumu Banka bought Parex Leasing
Rietumu Bank and Parex Bank have signed an agreement whereby a subsidiary of Parex in Belarus - Parex Leasing was sold to Rietumu Bank.
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