International Internet Magazine. Baltic States news & analytics
Wednesday, 01.04.2015, 10:55
The arrival of the Swiss airline Swiss International Air Lines at the Riga Airport marks the completion of lengthy negotiations – Latvia had several times tried to bring the airline to Riga, and now the airport hopes that the airline's flights to and from Riga will be a success, as Transport Ministry's Aviation Department Director Arnis Muiznieks told a press conference on March 31, reports LETA.
Keyword tags: Airport, EU – Baltic States, Good for Business, Latvia, Transport
The latest Eurobarometer survey on gender equality has revealed that 49% of the polled Lithuanians claim that gender inequality is widespread in Lithuania (54% among female respondents). Lithuanians believe that the social areas were gender stereotypes are mostly widespread are at work (37%), in the media (28%) and in politics (24%), informs LETA/ELTA.
Prime Minister of Lithuania Algirdas Butkevicius says it is unrealistic to expect that European milk quota regime would be extended, but Lithuanian farmers can expect greater direct payments in the future, reports LETA/ELTA.
The Estonian airline Estonian Air is accusing the Latvian national airline airBaltic of unfair competition, according to the Estonian daily Postimees, cites LETA.
The Railroad Law requires amendments in order to adopt the European Union's directives, which would facilitate non-discriminatory services in the industry, however, the most significant changes to the law do not have to be implemented now, Transport Minister Anrijs Matiss (Unity) said during today's meeting of the Latvian Transit Business Association, reports LETA.
International Airport Riga is planning on a 5% increase in passenger turnover this year, which would allow the airport to once again see passenger turnovers exceed five million, the airport's chairman Andris Liepins told LETA.
Finnish company Haminan Energia and the Estonian Alexela Asset Management signed an agreement to start jointly developing the Finnish Hamina liquefied natural gas (LNG) terminal, LETA/Postimees Online reports.
Reforms are impossible without the involvement of social partners, European Commissioner for Social Dialogue Valdis Dombrovskis (Unity) said during the forum of social partners "Role of social dialogue in ensuring the economic growth and qualitative work place" in Riga today, reports LETA.
With declining export and weakening economic growth, household consumption is becoming an ever increasing factor of economic growth. Having reached its peak ever since late 2007, consumer confidence provides hope that the negative influence of declining export to the Commonwealth of Independent States (CIS) may be at least partially counterbalanced by growing consumption. On the other hand, it seams that Lithuanians will tend to save more this year, says Chief Economist of Swedbank, Vaiva Seckute, cites LETA/ELTA.
Address by Latvian Prime Minister Laimdota Straujuma at the Social Partners’ Forum "The Role of Social Dialogue in Ensuring Economic Growth and High Quality Jobs”.
Taking demand into account, Scandinavian Airlines (SAS) has made a strategic decision to resume direct flights between Riga and Stockholm as of the summer 2015, SAS spokeswoman Ruta Juciene told LETA.
The Economic Sentiment Indicator (ESI) in the euro area increased from 102.3 points in February to 103.9 points in March 2015, the European Commission announced on Monday, cites LETA.
"The Latvian Presidency of the Council of the European Union (EU), in terms of content and organization, is progressing excellently, furthermore, no complaints have been received during the past three months," Foreign Minister Edgars Rinkevics (Unity) said on March 30th 2015, reports LETA.
In 2014, average hourly labor costs in Latvia were estimated to be EUR 6.6, which is the fourth lowest indicator in the European Union (EU), according to the latest data published by Eurostat. Lithuania had the third lowest indicator and Estonia – 10th, writes LETA.
In 2014, the drug wholesaler Roche Latvija managed to maintain its turnover on the same level as in 2013, according to Firmas.lv information, cites LETA.