EU – CIS

International Internet Magazine. Baltic States news & analytics Thursday, 29.09.2016, 14:53

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St Peter Line to sell its ships operating on Baltic Sea

St Peter Line to sell its ships operating on Baltic Sea

26.09.2016

The Russian shipper St. Peter Line that operates the Tallinn-St. Petersburg route with a fleet of two ships, Princess Anastasia and Princess Maria, is to sell the ships to Italian cruise ship operator Moby Lines, lemarin.fr reports cites LETA/BNS.

Keyword tags: EU – CIS, Markets and Companies, Port, Russia, Tourism, Transport



Separate improvements in the process of parliamentary elections raise hopes of further development of EU-Belarus relations

Separate improvements in the process of parliamentary elections raise hopes of further development of EU-Belarus relations

14.09.2016

The Ministry of Foreign Affairs of Latvia has taken note of preliminary findings and conclusions by the OSCE Office for Democratic Institutions and Human Rights (ODIHR) on the September 11 parliamentary elections in Belarus and would like to mention the efficient organization of the elections, a more welcoming approach towards cooperation with international observers, as well as visible efforts to make improvements to the election procedure, the Foreign Ministry announced in a statement, reports LETA.

The number of tourists in accommodation establishments increased in Estonia

The number of tourists in accommodation establishments increased in Estonia

12.09.2016

According to Statistics Estonia, in the tourism high season in July, domestic and foreign tourists having stayed in Estonian accommodation establishments numbered 488,000, which was 6% more than in July 2015.


Latvian food exporters unable to consolidate their positions on all new markets

Latvian food exporters unable to consolidate their positions on all new markets

02.09.2016

Although dairy, meat and fish producers have been actively looking for, and finding, new markets since Russia's embargo, they have not been able to consolidate their foothold in all of the new markets during the past one-and-a-half years, which means that more active state support is necessary, according to the Agriculture Ministry's report that the government will review at its next meeting on September 6, reports LETA.

Contradictory US Pipeline Diplomacy

Contradictory US Pipeline Diplomacy

18.08.2016

There is a striking paradox in Washington's policy on European natural gas markets. US diplomats are undertaking tireless efforts to prevent Russia constructing new export pipelines, arguing these massive projects will deprive Ukraine of billions of dollars in annual revenue from transit fees, which could wreck the struggling country's economy. At the same time the United States continues to preach the mantra of energy efficiency and supply diversification, both of which will help reduce reliance on Russian gas in Eastern Europe. Washington wants to help end Ukraine's dependence on Russian gas, yet it is fighting to keep Kiev dependent on Russian gas income. This is not only contradictory, but it is the wrong way to go about helping Ukraine and the wrong way to advance European energy security and integration in the long run.


15.08.2016

KVV Group to sue Latvia over Liepajas Metalurgs insolvency

KVV Group will turn to an international court over insolvency proceedings started against the metallurgical company KVV Liepajas Metalurgs, as KVV Group's press secretary Natalya Napadovkaya told LETA.

10.08.2016

Branch of Latvian PrivatBank in Italy closed over money-laundering breaches

The Bank of Italy said on Tuesday it had started proceedings to shut down the Italian branch of Latvian PrivatBank after finding breaches of money-laundering regulations, LETA news agency reported accordin to Reuters information.

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