- Reflecting on 25 years since the Riga Barricades
As part of January’s commemorations to mark 25 years since the Riga Barricades, Latvia’s Minister of Justice, Dzintars Rasnacs, gave an interview to The Baltic Times.
- Inside Vladimir Antonov’s reckless gamble with the Baltic banks
As Latvijas Krajbanka, the second bank in Latvia in recent years to collapse, and Snoras bank crashed and burned, costing millions in losses to already cash-strapped taxpayers, have the bank regulators learned any lessons?
- Life in the fast lane ends for Antonov
Banker, entrepreneur and investor is how Vladimir Alexandrovich Antonov describes himself on the business networking site LinkedIn.
- Snoras, Krajbanka shine light once more on dozing regulators
The massive fraud at the collapsed Snoras bank and Latvijas Krajbanka will cost the taxpayers in Lithuania and Latvia hundreds of millions of euros before the cleanup is complete.
- Five years ago
Latvian President Guntis Ulmanis asks Economy Minister Guntars Krasts to form a new government in the wake of Prime Minister Andris Skele’s resignation.
- Ten years ago
The fourth government since Lithuania declared independence in 1990 is formed in Vilnius with Aleksandras Abisala taking over from Gediminas Vagnorius as prime minister.
- Five years ago
U.S. Secretary of State Madeleine Albright told Baltic leaders during a short visit to Vilnius that, with some work, they would be serious candidates for NATO membership.
- 10 years ago this week
The largest rash of forest fires in Latvia’s post-World War II history broke out as 4,500 hectares of forest caught fire. About 1,300 hectares of forest burned at the Adazi military installation.
- 5 years ago this week
Banka Baltija reaches court. A criminal investigation resulting from the collapse of Banka Baltija, the biggest bank in the Baltic states, which collapsed in 1995 almost tipping over the Latvian economy, was submitted to the courts this week in 1997.
- 10 years ago this week
First off the block. Less than a year after the breakup of the Soviet Union, on June 22, 1992, Estonia became the first of the Baltic states to introduce its own currency.