International Internet Magazine. Baltic States news & analytics
Saturday, 04.07.2015, 11:27
Significant changes are bound to happen in Lithuania's energy market in 2016: new interconnections with Poland and Sweden will be launched, electricity generation quotas for combined heat and power plants will be cancelled and a more favourable to consumers gas supply security financing model should enter into force, reports LETA/ELTA.
Keyword tags: Energy, EU – Baltic States, Legislation, Lithuania
A signature drive has been initiated at the manabalss.lv portal of public initiatives, claiming that Palanga "region and maritime territory be returned to the Republic of Latvia", reports LETA.
On NASDAQ OMX Vilnius stock exchange listed real estate investment company INVL Baltic Real Estate completed acquisition process and increased share in nearby Riga located logistics complex Dommo from 50 to 100% for EUR 3.1 million, the company said in a statement, cites LETA/ELTA.
Vice-President of the European Central Bank (ECB) Vitor Constancio who is attending a conference at the Bank of Lithuania says that the referendum in Greece will have a huge impact on potential agreement between Athens and its creditors, reports LETA/ELTA.
President Dalia Grybauskaite has returned to Parliament for reconsideration the Law on Provision of Information to Public. If passed, the amendments would have allowed political parties to control media outlets and manipulate the public opinion, informs LETA/ELTA.
On 29-30 June 2015, Lithuanian Energy Minister Rokas Masiulis as part of a Lithuanian delegation was visiting Croatia. Masiulis met with Croatian Economy Minister Ivan Vrdoljak and took part in a Lithuanian-Croatian energy security forum. Croatia currently is particularly concerned about enhancing its energy security as the country imports more than half of its energy resources, reported BC the Lithuania's Ministry of Energy.
The retail turnover (including VAT) of the Apranga Group reached EUR 15.8 million in June 2015, and has increased by 8% in comparison to June 2014, the Group reports LETA/ELTA.