International Internet Magazine. Baltic States news & analytics
Sunday, 23.11.2014, 20:35
Investor Confidence Index for Lithuania (ICIL) survey indicates increasing investor confidence in Lithuanian business environment. The upward trend has remain solid throughout the year and the overall index value reached 1.181 (out of maximum value of 2) in the last quarter of 2014. The positive expectations came through even despite the unpredictable geopolitical situation in Eastern Europe, reported BC ICIL press service.
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On Friday, the European Commission (EC) adopted its fifteenth report on the practical preparations for the euro changeover, assessing the progress made up until the end of September 2014, and concluded that Lithuania's preparations are well on track overall, reports LETA/ELTA.
The Resolution on Combating Glorification of Nazism and Other Contemporary Forms of Racism put forward by the Russian Federation was adopted by voting on 21 November 2014 at the Third Committee of the United Nations General Assembly, 115 states voting for, 3 against, and 55 abstaining. Lithuania as well as other EU Member States have abstained in the vote and made a very strong Explanation of Vote, reports BC press service of Lithuanian MFA.
The Seimas of Lithuania had decided to allocate 2% of revenues from excise duty on manufactured tobacco to the Programme for the Prevention of Use of Psychoactive Substances (Inter-institutional Action Plan) approved by the Government, the Seimas press service said, cites LETA/ELTA.
Statistics Lithuania informs that in October 2014 industrial production totalled LTL 6 billion (EUR 1.75 billion) at current prices and, compared to September, grew by 5.5% at constant prices, seasonally adjusted – by 4.9%.
Edward Lucas, one of the most prominent British columnists analysing geopolitical situation in the Eastern Europe, has been awarded Vytautas Magnus University (VDU) Honorary Doctorate. The ceremony took place on 20 November, the university said in a press release.
Extraordinary event has occurred in Lithuania's telecommunications market – one of the most lucrative internet, cable TV and landline telecommunications service providers Cgates is going to be sold, informs LETA/ELTA.