International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:20
Andris Ozols, director of the Latvian Investment and Development Agency, has denied Economics Minister Ralfs Nemiro’s (KPV LV) claim that the agency was involved in defrauding an EU fund of money, while police are not giving more details about the case, informed LETA/BNS.
Keyword tags: EU – Baltic States, Financial Services, Investments, Latvia, Legislation
Latvian fish cannery Karavela has concluded a deal to acquire German fish product maker Larsen Danish Seafood (Larsen), LETA was told at the company.
In order to avoid three important risks, the government might not support liquidating the mandatory purchase component (MPC) on electricity by the end of March, said Prime Minister Krisjanis Karins (New Unity) in an interview with the Latvian public television citing LETA.
Lithuania will have neither technical nor political possibilities to buy power from Belarus, even if Minsk agreed with the Lithuanian prime minister's recent proposal to convert the nearly-complete Astravyets nuclear power plant into a gas-fueled station, Speaker of the Lithuanian Seimas Viktoras Pranckietis believes, refraining to comment on the prime minister's proposal in detail, reported LETA/BNS.
Chinese investment activities in the Baltic Sea region have seen an increase over recent years. This corresponds well with the overall growth in Chinese investment in Europe over the past decade, a trend fueled at least in part by growing restrictions imposed in the United States under the Donald Trump administration.
The Riga City Council is planning to shut down all gaming venues in the city, in both the downtown and in neighborhoods, the Riga City Council's Public Relations Department told LETA.
For the second year in a row, Finland has been named the happiest country in the world while Lithuania ranks 42rd in the latest World Happiness Report published by the United Nations on Wednesday.