International Internet Magazine. Baltic States news & analytics
Saturday, 25.05.2013, 06:11
Estonian social minister Taavi Rõivas reported on Monday to the parliament's social committee about the European Union structural means for the years 2014-2020; Rõivas said that the social sphere EU funds amount will increase by nearly 190 million euros as compared to the previous period, to 490,833,666 euros, LETA/Postimees Online reports.
Keyword tags: Estonia, EU – Baltic States, Financial Services, Funds, Legislation, Society
Escaping Sunshine, a Danish-Lithuanian co-production, has been selected to lead off the new Nordic crowdfunding platform Manymade, LETA/Filmvilnius.com reported.
The Integration and Migration Foundation Our People (MISA) of Estonia announced a project competition, the aim of which is to improve the integration process and active citizenship through media projects, reported LETA MISA.
The Estonian government approved at its Tuesday evening cabinet meeting the proposals for using the European Union structural means and rural life development plan means for 2014-2020; altogether the plan is to invest 4.1 billion euros in the upcoming budgetary period based on the decisions made, informs LETA.
Commission published EU Cohesion Policy which shows how the EU funds are assisting the member states and SMEs to weather the crisis and produce growth. The Commission 2013 Strategic Report is an overview of the EU Structural Funds performance in the 27 member states. For example, about 53 thousand R&D projects and 16,000 business-research projects received investment from these funds.
The European Commission may not support Latvia's plans of continuing renovating roads at the expense of EU funds, since it is not content with the fact that Latvia does not invest its own money for such purposes, reports LETA, referring to the Latvian State Television program "de facto".
Fear about managing financially during retirement is becoming more actual in the Baltic States, at the same time, the people of Estonia, Latvia, and Lithuania must save an even larger proportion of their current earnings in order to maintain their living standards, as the Baltic Household Outlook, compiled by SEB, shows.