International Internet Magazine. Baltic States news & analytics
Saturday, 14.12.2019, 00:57
The Astravyets nuclear power plant (NPP) under construction in Belarus close to the Lithuanian border is not a political decision only but also has economic substance, as the decision not to buy electricity from the power plant may have an impact on implementation of the project, Daivis Virbickas, CEO of Lithuania's power transmission system operator Litgrid said LETA/BNS.
Keyword tags: Baltic States – CIS, Belarus, Energy, Energy Market, EU – Baltic States, Lithuania, Nuclear power plant
Lithuania and the other states of the Baltic Sea region should sign a memorandum of understanding in June on synchronization of the Baltic states with continental Europe via Poland. The document should give an impetus to the preparations for synchronized work of the networks, reports LETA/BNS.
Latvia's Citadele Bank has signed an agreement for a long-term partnership with global payments technology company Visa on close cooperation in developing a new and innovative card and other payment offers to be introduce in all three Baltic states over the next six years, the bank announced.
European Central Bank governors on Thursday left key interest rates at historic lows and mass bond-buying unchanged, AFP quoted an ECB spokesman as saying, writes LETA/BNS.
Latvian food producers will be able to keep using their traditional meat smoking methods also after the European Commission’s derogation for restrictions on polycyclic aromatic hydrocarbons (PAHs) expires on September 1, 2017, Zanda Matuzale, director of the Veterinary and Food Department at the Agriculture Ministry, told LETA today.
Only 38% of households in Estonia have enough savings to sustain themselves during three or more months in the event of loss of income, whereas 25% have no savings at all or the amount saved is smaller than a month's expenditures, it appears from a survey taken by the Swedbank Institute for Private Finances and the Estonian Institute of Economic Research.
There is no financing earmarked for renovation of the Freedom Monument in Riga, writes LETA according to the Latvijas Avize daily reported on Thursday.