EU – Baltic States

International Internet Magazine. Baltic States news & analytics Wednesday, 22.10.2014, 18:22

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European Parliament approves new European Commission

European Parliament approves new European Commission

22.10.2014

The European Parliament on Wednesday voted in favor of Jean-Claude Juncker's new European Commission, allowing it to start its new five-year term on November 1, 2014 as planned, informs AFP/LETA.

Keyword tags: EU – Baltic States, Legislation, Markets and Companies



Nordea third-quarter profit rises by 21%

Nordea third-quarter profit rises by 21%

22.10.2014

Nordic banking group Nordea on Wednesday reported a 21% increase in third-quarter profit year-on-year, citing higher revenue from fees and commissions, reports LETA/DPA.

PM: information about Latvia's withdrawal from Latvijas Gaze share talks not correct

PM: information about Latvia's withdrawal from Latvijas Gaze share talks not correct

22.10.2014

Media reports that Latvia has withdrawn from the talks on buying German company E.ON Ruhrgas 47.32% stake in the Latvijas Gaze gas supply company are not correct, Prime Minister Laimdota Straujuma (Unity) told reporters Tuesday night, cites LETA/Nozare.lv.


General government deficit in Lithuania stood at 2.6, debt – 39% of GDP in 2013

General government deficit in Lithuania stood at 2.6, debt – 39% of GDP in 2013

22.10.2014

Statistics Lithuania has implemented the methodological requirements set in Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (ESA 2010) and carried out a revision of the time series of general government finance and national accounts aggregates. In 2013, according to the revised data, the general government deficit totalled LTL 3163.3 million (EUR 916.2 million), or 2.6% of GDP. Over the year, the general government deficit decreased by LTL 460.2 million (in 2012, this indicator stood at 3.2% of GDP).

Latvia elected to UN Human Rights Council for the first time

Latvia elected to UN Human Rights Council for the first time

22.10.2014

The General Assembly of the United Nations on Tuesday elected Latvia to serve on the UN Human Rights Council for a period of three years, from 2015 through 2017, as the Foreign Ministry informed LETA.

22.10.2014

Latvian hacker Calovskis' legal team appeals ECHR ruling on his extradition

The legal team of the Latvian cyber-crimes suspect Deniss Calovskis has appealed the European Court of Human Rights' (ECHR) ruling on his extradition to the United States.

22.10.2014

Lithuania seeks to strengthen economic ties with Azerbaijan

Minister of Foreign Affairs of Lithuania Linas Linkevicius met with the President of Azerbaijan Ilham Aliyev and the Foreign Minister Elmar Mamedjarov in Baku on 21 October, and discussed ways to further strengthen bilateral relations and development of the EU Eastern Partnership, reports BC, referring to Lithuania's Ministry of Foreign Affairs.

22.10.2014

Lithuania-Norway cooperation is growing

President of Lithuania Dalia Grybauskaite met with the heads of 18 major Norwegian businesses and investment funds to discuss the investment climate and business opportunities in the country, reports BC presidential press service.

22.10.2014

Latvia registers fifth best budget situation in EU in 2013

National budget deficit in Latvia in 2013 was at 0.9% of the Gross Domestic Product (GDP), which is the third lowest out of all the European Union (EU) countries, latest data provided by Eurostat shows, cites LETA.

22.10.2014

EcoMin: EU’s proposals regarding greenhouse gas cuts will push Latvia back to Stone Age

The European Commission's latest proposals regarding greenhouse gas reductions is absurd, as far as Latvia is concerned, because for Latvia it will mean return to the Stone Age, Economy Minister Vjaceslavs Dombrovskis (Reform Party/Unity) told reporters after the Saeima Economic Committee's meeting yesterday, informs LETA/Nozare.lv.

22.10.2014

Saeima committee conceptually approves proposal to suspend issuing of temporary residence permits to Russians

Saeima's Defense, Internal Affairs and Corruption Prevention Committee in Latvia decided today to approve in principle before the first reading All for Latvia!-For Fatherland and Freedom/LNNK's (VL-TB/LNNK) proposal to suspend issuing of temporary residence permits to Russian citizens for the purchase of real estate in Latvia, informs LETA.

22.10.2014

Latvian MFA: a common energy market should be strengthened in EU

On 21 October, the EU General Affairs Council convened for a meeting in Luxembourg. The central item on its agenda was preparation for the European Council meeting on 23-24 October. The Ministers also had a thematic debate on “Europe of Freedom, Security and Justice”, one of the priorities of the EU's strategic agenda, reports Latvian MFA.

21.10.2014

General government budget deficit in 2013 comprised 0.9% of GDP in Latvia

General government budget deficit at the end of 2013 comprised EUR 199.6 million or 0.9 % of the Gross Domestic Product (GDP), and the general government consolidated gross debt comprised EUR 8875.9 million or 38.2 % of the GDP, according to the results of the October 2014 general government budget deficit and debt notification[1] compiled by Central Statistical Bureau (CSB), which has been made in line with the methodology of European System of Accounts (ESA 2010).

21.10.2014

Grybauskaite: regional security – common interest of Baltic and Nordic countries

President of Lithuania Dalia Grybauskaite met with Sweden's new Prime Minister Stefan Löfven. During a working lunch, the President and the Prime Minister discussed bilateral relations between Lithuania and Sweden, security situation in the region, implementation of common energy projects, and cooperation in international organizations, informed BC presidential press.service.

21.10.2014

EU to uphold sanctions on Russia

European Union (EU) states decided to uphold sanctions on Russia and to better co-ordinate their response to the Ebola crisis at a meeting of foreign ministers in Luxembourg on Monday, informs EUOBSERVER/LETA.

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