International Internet Magazine. Baltic States news & analytics
Friday, 17.01.2020, 16:47
The European Commission (EC) presented its proposal for the European Union (EU) Budget 2021- 2027 also known as the Multiannual Financial Framework (MFF), on 2nd May 2018. DBRS foresees a period of long and complex negotiations, particularly for those member states facing the prospect of higher contributions and those that might receive less funds.
Keyword tags: Analytics, Budget, EU – Baltic States, Financial Services, Markets and Companies
Latvian businessman Argods Lusins who built a beach house in Pavilosta without the necessary permission and registered it as a “ship” has dropped the idea to transport the controversial structure by sea but has promised to the local authority to remove it from the protected coastal dune area by July 1, Uldis Kristapsons, chairman of the Pavilosta regional council, told LETA.
Kaunas, Lithuania's second-largest city, will start the reconstruction of its Darius and Girenas Stadium in early July after the city signed a contract with contractors. Kaunas should have a new stadium in 20 months, the city's mayor says, cites LETA/BNS.
Avia Solutions Group, a Lithuanian capital group indirectly owned by businessman Gediminas Ziemelis, has acquired a Ukraine transport lease company, reports LETA/BNS.
The government on June 14th endorsed the initial positions of Estonia for the negotiations on the European Union's next long-term budget, according to which the government is prepared to increase Estonia's contribution to the EU budget, reports LETA/BNS.
Dutch energy company Shell, currently trading in low-volume LNG shipments in Lithuania, is interested in wider cooperation with Lithuania, the Baltic country's presidential office says, cites LETA/BNS.
Milk purchase prices in Lithuania dropped in May 2018, from April when they rose for a fifth month in a row. Egidijus Simonis, director of milk processors' associations Pieno Centras, says prices dropped due to a drought, informs LETA/BNS.