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Saturday, 19.04.2014, 10:04
On Wednesday, the National Forum of Educators entitled Education in Lithuania in the Context of the EU: How to Ensure Rational Funding and Safe School took place in the Seimas, informs LETA/ELTA, referring to Respublika.
Keyword tags: Education and Science, EU – Baltic States, Forum, Lithuania
On Thursday, by adopting the Law on the Euro Adoption, as well as secondary legislation, the Parliament of Lithuania (Seimas) has established the legal basis to introduce the new currency in Lithuania, reports LETA/ELTA.
The European Commission (EC) approved of the initiative proposed by Lithuania and established an additional possibility to cover losses sustained by pig farmers due to preventive measures against African swine fever, informs LETA/ELTA.
President of Latvia Andris Berzins, during his official visit in Turkey, discussed the economic cooperation and the current events in Ukraine, LETA was informed by the secretariat of the President.
PZU SA has today reached an agreement, subject to regulatory and antitrust approvals, to purchase Lietuvos Draudimas AB in Lithuania, AAS Balta in Latvia, the business of the Estonian branch of Codan Forsikring A/S and Link4 Towarzystwo Ubezpieczen S.A. in Poland. The total aggregate consideration amounts to approx. EUR360m. The acquisitions are a key step in fulfilling PZU’s strategy of international expansion, informed BC PZU’s press service.
If the ex-Prime Minister of Latvia Valdis Dombrovskis (Unity) will be nominated to become European commissioner, he could acquire a high position, says Jean-Claude Juncker, former Prime Minister of Luxembourg and European People’s Party’s (EPP) European Commission’s (EC) presidential candidate, informs LETA.
At a meeting of European Union (EU) foreign ministers in Luxembourg, Estonian Foreign Minister Urmas Paet discussed the situation in Bosnia and Herzegovina, as well as the country's relations with the European Union and further steps in the integration process, reported BC the Estonian Foreign Ministry.
President of Lithuania Dalia Grybauskaite met with U.S. Republican Senators John McCain, John Barrasso and John Hoeven. The main points of discussion were the situation in Ukraine and the threats it posed to the security of Europe and the Baltic region, reports BC presidential press service.
In a press conference today, Transport Minister Anrijs Matiss (Unity) said that there are no indications at the moment that Russian cargo shipments through Latvia could lessen in wake of Europe's sanctions against Russia, however, cargo sources should be diversified anyway, informs LETA/Nozare.lv.
Lithuanian Government will continue to carry out responsible fiscal policy. On Wednesday the Cabinet of Ministers has approved convergence programme for 2014 by which Lithuania commits to maintain sustainable compliance with the Maastricht criteria in 2014-2017, and to be prepared for the euro adoption in early 2015, informs LETA/ELTA.
The Board of the Bank of Lithuania approved the 2015 issue Lithuanian euro coin samples, which will the basis for the Lithuanian circulation euro coins, the Bank of Lithuania said in a statement, cites LETA.
As less than 7 month remains until the planned introduction of the euro in Lithuania, more than a half of companies began preparations for the euro changeover, while residents are more passive in preparing for the euro, informs LETA/ELTA.
Annual inflation in Latvia was 0.3% in March 2014 – the third lowest across the European Union, according to the latest data from the EU's statistical office Eurostat, cites LETA.
On Tuesday, Foreign Minister Edgars Rinkevics was on a working visit to Finland where he met with the President of Finland Sauli Niinistö, Foreign Minister Erkki Tuomioja, Minister for European Affairs and Foreign Trade Alexander Stubb, and Chairman of the Foreign Affairs Committee of the Finnish Parliament Timo Soini, LETA was informed by the Foreign Ministry.
Lithuania's Prime Minister Algirdas Butkevicius welcomes European Parliament's decision made on Tuesday approving new key banking rules that would put an end to expensive taxpayer bailouts, making instead banks rely on their own resources, the prime minister's press service informs LETA/ELTA.