International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:20
Estonian shipper Tallink’s Isabelle cruise ship that has been running between Riga and Stockholm will be renovated in Finland's Naantali shipyard, Tallink Latvija sales and marketing director Baiba Muceniece said.
Keyword tags: Estonia, Good for Business, Port, Tourism, Transport
In 2018, 28.9 thousand people immigrated to Lithuania, which is 1.4 times (by 8.5 thousand) more than in 2017. This is the highest number of immigrants recorded since the Restoration of Lithuania’s Independence. In 2018, more than half (57.4 per cent) of the immigrants were the citizens of the Republic of Lithuania who returned to Lithuania.
European Union (EU) institutions are finalising the Mobility Package – a set of initiatives concerning the governance of commercial road transport in the European Union that would make traffic safer, ensure proper social conditions for workers, support fair competition, increase efficiency and reduce CO2 emissions, air pollution and congestion. However, without any prior preparation, in the long run the new rules might cause financial problems for the currently booming Lithuania’s transportation sector, which generates more than a tenth of the country’s GDP.
According to Statistics Estonia, the Dwelling Price Index increased by 5.9% in 2018 compared to the average of 2017. Y-o-y, the prices of apartments increased by 6.4% and the prices of houses by 4.7%.
Nord Stream 2 Presented Environmental and Social Initiatives at the Baltic Sea Day in St. Petersburg22.03.2019
Nord Stream 2 AG, the developer of a natural gas pipeline through the Baltic Sea, took part in the 20th Baltic Sea Day international environmental forum.
According to Statistics Estonia, in 2018, compared to 2017, the number of passengers on the main scheduled domestic ship lines increased by 3%, but the number of international traffic passengers served by Estonian ports decreased by 1%. The freight volume of ports in tonnes increased by around 3%.
New rules on common corporate tax in the EU entered into force this year. The idea is to eliminate some loopholes in corporate entities, which are avoiding paying taxes. As a rule, corporate taxation is within the domain of the member states. This time the EU institutions took the initiative in order to reduce tax evasion.