International Internet Magazine. Baltic States news & analytics
Sunday, 19.05.2013, 13:16
The European Commission has announced the biggest ever set of calls for proposals under its 7th Framework Program. In total, €8.1 billion will support projects and ideas in the EU-27 that will boost region's competitiveness and tackle urgent issues that could create additional growth and jobs in 2013. Universities, research organisations and businesses in the Baltic States have to be active in searching for the EU funds.
Keyword tags: Education and Science, EU – Baltic States, Good for Business, Technology
At the end of the first quarter of 2012, the annual growth rate of Lithuania's financial assets (7 percent) exceeded that of liabilities (6 percent). In the same quarter of 2011, the said growth rates accounted for 3 and 1 percent, respectively, the Bank of Lithuania said.
Latvian flag carrier is the newest CSeries aircraft customer. Bombardier Aerospace announced today that Riga, Latvia-based Air Baltic Corp. (airBaltic) has signed a letter of intent (LOI) to acquire 10 CS300 aircraft and take purchase rights on a further 10 CS300 jetliners, reported BC Marc Duchesne from Bombardier Commercial Aircraft.
Today the Danish Energy Agency granted Nord Stream permission to operate the second of its twin pipelines that will transport natural gas from Russia to Europe. The permit to operate the first pipeline was granted a year ago, in July 2011.
The recent international trade data shows positive trends in Lithuanian export. Although on May the export turnover was only LTL 5.3 billion (EUR 1.5 billion) which is 16 percent less than in April. DNB Bank analyst Mindaugas Jurgelis says that the decline is due to the temporarily halted trade of oil products.
At the conference "Lithuanian-Polish Relations: Diagnosis and Key Challenges" in the University of Warsaw on July 9, Lithuanian Deputy Minister of Foreign Affairs Egidijus Meilunas discussed relations between Lithuania and Poland in the past, present and future, and their impact on the countries' efforts to fulfill their EU and NATO targets, Lithuania's MFA said.
Lithuanian-Russian relations show a lot positive dynamics, particularly when it comes to business. However, it is natural that some interests in the energy sector differ, President Dalia Grybauskaite's chief adviser on foreign policy Darius Semaska said.