Funds

International Internet Magazine. Baltic States news & analytics Monday, 22.10.2018, 11:12

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Lithuanian farmers protest in Brussels

Lithuanian farmers protest in Brussels

18.10.2018

Lithuanian farmers, together with their Polish, Latvian and Czech counterparts, are holding a protest in Brussels on Thursday to press their demand for higher EU direct payments, reported LETA/BNS.

Keyword tags: Agriculture, EU Regional Policy, EU – Baltic States, Funds



58 mln euros paid in advance single area payments to Latvian farmers on the first day

58 mln euros paid in advance single area payments to Latvian farmers on the first day

16.10.2018

The Rural Support Service of Latvia on Tuesday paid more than 58 mln euros in advance single area payments to a record number of customers – 36,000, informs LETA referring to the service.

Additional 232 mln euros allotted for co-financing EU projects until end-2018

Additional 232 mln euros allotted for co-financing EU projects until end-2018

16.10.2018

Additional 232 mln euros will be allotted from the state budget to co-finance European Union's policy instruments and other foreign financial aid projects in Latvia, informs LETA referring to the Cabinet of Ministers of Latvia.


EC proposal on the Cohesion Policy is not acceptable, since it does not reduce inequality among EU Member States – Rinkevics

EC proposal on the Cohesion Policy is not acceptable, since it does not reduce inequality among EU Member States – Rinkevics

16.10.2018

On October 16, 2018, Latvian Foreign Minister Edgars Rinkevics took part in the meeting of the European Union’s (EU) General Affairs Council in Luxembourg, at which ministers discussed progress in negotiations on the EU Multiannual Financial Framework for 2021 to 2027, including competitiveness-related programs (for instance, the Horizon Europe research program, and the Connecting Europe Facility, which provides funding for the Rail Baltica project as well as defense and security, informs LETA.

EfTEN Capital launched its fourth real estate fund with a first closing of 95 mln euros

EfTEN Capital launched its fourth real estate fund with a first closing of 95 mln euros

16.10.2018

EfTEN Capital, the leading real estate asset manager in the Baltics, has an addition to its fund family by launching its fourth fund „Usaldusfond EfTEN Real Estate Fund 4“ which will focus on Baltic commercial real estate investments. The first closing was completed by Baltic institutional investors and EfTEN Capital partners at 95 mln euros of committed capital.


15.10.2018

Elering pays out 7.8 mln euros in renewable energy subsidy in September

Estonian transmission system operator Elering paid out altogether 7.8 mln euros in renewable energy subsidy in September 2018, while the TSO has paid out a total of 58.5 mln euros in renewable energy support and high-efficiency cogeneration support in the first nine months of 2018, informs LETA/BNS.

11.10.2018

European power network to be expanded to Baltic states

The Baltic states have been allowed to join continental Europe's power network, which is one of the key steps in Lithuania, Latvia and Estonia's bid to synchronize their power networks with that of Europe, reported LETA/BNS.

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