International Internet Magazine. Baltic States news & analytics
Wednesday, 25.11.2015, 08:11
There are many construction companies registered in Latvia, which provide the services on renovation and improvement of the energy performance of apartment buildings. Self-administrations as well as all the participants of the renovation process should work throughly in order to develop the construction industry and manufacture of construction materials, create new jobs, decrease energy consumption of the state and make the Latvian secondary housing stock safe and high-quality.
Keyword tags: Construction, Energy, EU – Baltic States, Funds, Latvia, Real Estate
A fresh report by the Organization for Economic Cooperation and Development (OECD) shows that the average net output of Estonian pension funds in 2014 was 4.7%, which means that Estonia places 28th among the 34 countries surveyed, but Estonian asset management companies are criticizing the report's methodology, the LETA/Postimees reports.
The Lithuanian Economy Ministry will discuss setting up a travel guarantee fund to which package travel retailers would contribute and which would be used to ensure that tourists receive a refund of their payments if a tour operator becomes insolvent or goes bankrupt , Verslo Zinios reported on Monday, cites BNS/LETA.
The size of the Estonian contribution to the three-billion-euro fund agreed by EU leaders to help Turkey cope with the inflow of migrants is approximately 3.5 million euros, it appears from a Commission document obtained by the Financial Times. Latvia would pay 4.4 million euros, and Lithuania 6.5 million euros, reports LETA/BNS.
On 11–12 November, in Valletta, the capital of Malta, Foreign Minister Edgars Rinkevics took part in a summit between the European Union Member States and African countries, known as the “Valletta Summit on Migration”. Valletta Summit participants sought to identify a set of practical operational measures to address the immediate consequences and long-term causes of illegal migration, reported BC the Latvian MFA.
Armands Eberhards, the finance ministry's assistant state secretary, revealed to LETA today that out of 81 Cabinet regulations that must be in place and enforced by December to qualify for European Union funding in the new planning period, the government has at this time reviewed 50 and approved only 26.
Zanda Kalniņa-Lukaševica, the Latvian Foreign Ministry’s Parliamentary State Secretary for EU Affairs, at the Foreign Affairs Council meeting of development ministers in Luxembourg on 26 October, emphasised that “the EU’s development policy has always been aimed at addressing the root causes of irregular migration and forced displacement, informed BC the Latvian MFA.