International Internet Magazine. Baltic States news & analytics
Sunday, 21.09.2014, 09:02
DDB Latvia received a Gold Euro Effie for its campaign “Let’s Beat Stanford” created for the Stockholm School of Economics in Riga Alumni Association at the Euro Effie Awards Gala in Brussels’ Cercle de Lorraine business club last night.
Keyword tags: Advertising, EU – Baltic States, Forum, Good for Business, Latvia, Markets and Companies
The European Bank for Reconstruction and Development (EBRD) welcomes the decision by the government of Latvia to sell its stake in Citadele to a group of international investors led by the U.S. investment fund Ripplewood Holdings and Tim Collins, the founder and CEO of the fund, informs LETA.
Major General Jonas Zukas, Lithuania's chief of defence, is convinced that headquarters responsible for the coordination of arrival of NATO rapid response forces will be established in Lithuania already in 2014, informs LETA/ELTA.
Lithuania has continued its strong growth in attracting foreign direct investment projects over the first half of 2014 despite a fall in investments in the region as a whole, according fDi Markets, The Financial Times' database of foreign direct investment (FDI), Invest Lithuania, foreign direct investment development agency, reports.
On 23-25 October, the biggest business and leadership conference Forum One 2014 in Central Europe will take place in Vilnius with over 5,000 participants from 8 European countries, reports LETA/ELTA, referring to Vilnius Convention.
Minister of Agriculture Virginija Baltraitiene and Ukrainian Ambassador Valery Zhovtenko met on Thursday to discuss Lithuania-Ukraine cooperation opportunities with the greatest focus on export, informs LETA/ELTA.
The European Parliament (EP) welcomes the ratification of the Association Agreement with Ukraine and steps being taken to restore peace in Ukraine, at the same time condemning the Russian Federation for waging an undeclared "hybrid war" against Ukraine, urging the European Union member states to cancel planned agreements with Russia in the energy sector and to support farmers affected by Russia's food embargo, as Marta Ribele, acting head of the EP Information Office in Latvia, informed LETA.
On 18 September in Vilnius, Minister of Foreign Affairs of Lithuania Linas Linkevicius and new Ambassador of Spain to Lithuania Emilio Fernandez-Castano y Diaz-Caneja discussed partnership within international organisations, economic cooperation, and issues relating to the EU internal energy market, reported BC the Ministry of Foreign Affairs.
In the first half of the year 2014, compared to the same period last year, the Latvian town of Sigulda registered a 27.8% increase in the number of guests staying at local accommodation establishments, LETA was informed by the Sigulda Regional Council.
In its fresh economic report made public on Thursday, the European Bank for Reconstruction and Development (EBRD) reduced Estonia's economic growth forecast by one percentage point compared to the spring forecast, to 1%, LETA/Postimees Online reports.
Compensation payments to farmers for the losses caused by Russia's embargo will become available by the end of the year 2015, however, their amount is currently unknown and will depend on the Agriculture Ministry's estimates, the European Commissioner for Agriculture Dacian Ciolos told the press representatives in Riga yesterday, cites LETA.
Ukrainian President Petro Poroshenko has revealed that during one of his recent conversations with Russian President Vladimir Putin, the Russian leader had threatened to him that ''I could capture Riga, Vilnius, Tallinn, Warsaw and Bucharest within two days if I wanted to'', informs LETA/UNIAN.
The amount of Russia's direct investments in Estonia has increased in the first half of the year 2014, commented economic analysts of four major banks at a debate on Wednesday, LETA/Delfi Ärileht reports.
Today Saeima turned down amendments to the Immigration Law repeatedly proposed by All for Latvia! - For Fatherland and Freedom/LNNK (VL-TB/LNNK), stipulating that in order to prevent threat to national security, the government must suspend issuing residence permits to Russian citizens, informs LETA.
"A lot was done in order to establish new guidelines for the Trans-European Transport network that will strengthen the economic and social cohesion of the Member States", Rimantas Sinkevicius, the Minister of Transport and Communications of the Republic of Lithuania said at the Informal Transport Ministerial Council held in Milan.