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Wednesday, 22.10.2014, 18:22
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
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.
Media reports that Latvia has withdrawn from the talks on buying German company E.ON Ruhrgas 47.32% stake in the Latvijas Gaze gas supply company are not correct, Prime Minister Laimdota Straujuma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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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 compiled by Central Statistical Bureau (CSB), which has been made in line with the methodology of European System of Accounts (ESA 2010).
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.
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.