International Internet Magazine. Baltic States news & analytics
Tuesday, 28.07.2015, 08:48
Nearly all of the 2nd pillar pension funds operating in Lithuania recorded positive returns in the first half of 2015, while the average change in an investment unit was 4.70%. Since the beginning of the year the value of the net assets of 2nd pillar pension funds has increased by EUR 178.19 million and amounted to EUR 2.044 billion (LTL 7.057 billion), reports LETA/ELTA, referring to the Bank of Lithuania.
Keyword tags: Financial Services, Funds, Investments, Lithuania, Pensioners
The European Commission's Supervisory Committee has approved selection criteria of 44 projects administered by Ministries of the Interior, Health, Culture, Transport and Communications that will be financed by the European Union (EU) from the 2014-2020 Financial Perspective, reports LETA/ELTA.
The Uzbekistan Trade Unions Federation jointly with the concerned ministries and agencies, under support from the International Labor Organization (ILO) at the republican and regional levels, a series of round table meetings were held dedicated to the International Day of Fighting against the Use of Child Labor, reported Federation council of Trade Unions of Uzbekistan IA Jahon.
Latvia can be considered an example with regard to implementation of the Cohesion Policy, this according to Commissioner for Regional Policy, Corina Cretu, during yesterday’s informal meeting of ministers responsible for the Cohesion Policy, reports LETA.
The Permanent Representatives Committee (Coreper) on 9 June 2015 approved, on behalf of the Council, a compromise agreement on a European fund for strategic investments (EFSI) aimed at stimulating the economy, reports eu2015.lv.
A fresh KPMG survey shows that in the previous budget period, European Union (EU) structural funds were used most in Central and Eastern Europe by Estonia, followed by Latvia and Lithuania; this in turn means that the Estonian state budget is more dependent on EU subsidies than the average of European countries, LETA/Public Broadcasting reports.
Lithuanian Auditor General Arunas Dulkys met with Walter Deffaa, Director-General, Regional and Urban Policy of the European Commission in Brussels. During the meeting, they discussed public audit areas, which would be relevant in the future not only at Lithuanian, but also at EU level, reports BC the National Audit Office of Lithuania.