Date: 16.06.2020.

International Internet Magazine. Baltic States news & analytics Sunday, 29.11.2020, 21:49

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Cost of Rail Baltica project has increased to EUR 7 bn - European Court of Auditors

Cost of Rail Baltica project has increased to EUR 7 bn - European Court of Auditors

16.06.2020

The European Court of Auditors concludes that in the Rail Baltica high-speed rail project has become more expensive by EUR 2.352 bn to EUR 7 bn euros in a relatively short period of time, Luc T'Joen from the European Court of Auditors said during a joint meeting of the Saeima European Affairs Committee and Public Expenditures and Audit Committee today, referrred LETA.

Keyword tags: Construction, EU – Baltic States, Financial Services, Railways, Transport



Hampton by Hilton hotel receives building permit in Tallinn

Hampton by Hilton hotel receives building permit in Tallinn

16.06.2020

Tallinn's city planning department last Friday granted a building permit for the construction of a Hampton by Hilton hotel to replace the former Eha cinema and the current shopping center at 49 Tartu Road, informs LETA/BNS.

Estonian unions: Top court's decision jeopardizes wages of thousands of employees

Estonian unions: Top court's decision jeopardizes wages of thousands of employees

16.06.2020

The Estonian trade union confederation EAKL said on Tuesday that the judgment of the Supreme Court concerning the extension of collective agreements endangers the wages of thousands of transport sector and healthcare employees and provides worse employers with an unfair competitive advantage, informs LETA/BNS.


Latvijas Finieris sees turnover drop 9.2% in 2019

Latvijas Finieris sees turnover drop 9.2% in 2019

16.06.2020

Latvijas Finieris birch plywood producer turned over EUR 226.377 million in 2019, down 9.2 percent from a year before, while the company's profit contracted 26.6 percent to EUR 8.798 million, writes LETA, according to information available at Firmas.lv.

New ambassador asserts France's wish to expand economic cooperation with Latvia

New ambassador asserts France's wish to expand economic cooperation with Latvia

16.06.2020

France wants to expand economic cooperation with Latvia, France's new Ambassador to Latvia Aurelie Royet-Gounin said today during a meeting with Foreign Ministry State Secretary Andris Pelss, informed LETA/BNS,


16.06.2020

Latvia: Government okays plan to build National Concert Hall at 2 Elizabetes Street

The National Concert Hall project will be developed at 2 Elizabetes Street in Riga, Prime Minister Krisjanis Karins (New Unity) announced at a news conference following the weekly Cabinet meeting, reported LETA.

16.06.2020

Monthly household consumption expenditure in Latvia reached EUR 423 per person in 2019

Latest data of the Central Statistical Bureau (CSB) show that in 2019 household consumption expenditure constituted on average EUR 423 per household member monthly.

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