International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 04:30
Cargo traffic at Latvia’s Free Port of Riga in the first half of 2012 grew by 11.7% compared to the same period last year, to 18,790,800 tons, the Port Authority said. Coal shipments rose 19.6% to 7.72 million tons, oil products volume was up 1.3% to 4.34 million tons, handling of wood pellets increased by 6.1% to 525,500 tons, shipments of scrap metal grew 9.1% to 321,700 tons. Exports of timber cargo decreased by 15.7% to 1,17 mln tons, half-year volume of ore plummeted by 69.7% to 93,900 tons, handling of building materials fell 70.6 % to 41,100 tons.
Keyword tags: Good for Business, Latvia, Port, Transport
Lithuanian President Dalia Grybauskaite says that the project of the Visaginas Nuclear Power Plant (NPP) project is only possible as a regional initiative, because for Lithuania alone it is a bite that is too high and unaffordable.
Last year, 642 court cases or 60.3% of the total 1,064 court cases the Estonian state was involved in ended with a successful outcome for the state, Public Broadcasting reports.
European Economic Commissioner Olli Rehn said in a statement that the Estonian Supreme Court decision on the European Stability Mechanism (ESM) on Thursday is a welcome and right decision, Postimees Online reports.
Latvia is ranked 59th in the 2012 Global Venture Capital and Private Equity Country Attractiveness Index by the IESE Business School and the auditor company "Ernst & Young", slipping two places from 2008.
Belarusian KGB arrested a Lithuanian citizen and group of Belarusians allegedly spying for Lithuania, according to the secret service, Bloomberg reports.
Today, the European Commission transferred to Latvia the previously-withheld European Social Fund payments for Latvia - EUR 25.9 million (LVL 18.2 million).