International Internet Magazine. Baltic States news & analytics
Thursday, 23.05.2013, 04:49
Energy and tax evasion: issues for the EU “summit”
22.05.2013At the European Parliament plenary session (Brussels, 21 May 2013) José Manuel Barroso, Commission President underlined two important issues for discussion: first, energy, which makes a great impetus into the European business’ competitiveness, and second, tax fraud and tax evasion, the issue which needs sharpening common European tools against tax avoiders. Both issues are important for the Baltic States, as well.
Keyword tags: Analytics, Energy, EU – Baltic States, Financial Services, Legislation, Taxation
Butkevicius and Hedegaard discuss climate policy and economics
22.05.2013On Wednesday, Lithuania’s Prime Minister Algirdas Butkevičius met with European Commissioner for Climate Action Connie Hedegaard. The Prime Minister welcomed a constructive cooperation between the European Commission and the Lithuanian Government, and discussed policy priorities for climate change with the Commissioner, reported BC governmental press service.
Pietiek: Meroni no longer administrator of Ventbunkers shares
22.05.2013London High Court has ruled that Swiss attorney Rudolf Meroni may no longer manage shares in the joint-stock company Ventbunkers that are believed to belong, via other shareholders, to Ventspils Mayor Aivars Lembergs, reportes LETA, referring to the portal Pietiek.com.
Estonian president speaks on IT sphere in Great Britain
22.05.2013Estonian President Toomas Hendrik Ilves spoke in front of the All-Party Parliamentary Group on Homeland Security in the UK House of Common on Tuesday, Estonian World reports.
NIB lends LDz for upgrade of east-west railway corridor in Latvia
22.05.2013The Nordic Investment Bank (NIB) and Latvia's state railway company VAS Latvijas dzelzcels have signed a new loan totalling EUR 17 million for the upgrade of a railway section in the country's east-west transport corridor, informs Nordic Investment Bank.
Aboltina invites Samsung to expand its activities in Latvia
While visiting the South Korean electronics company Samsung during her official visit to South Korea today, Saeima Speaker Solvita Aboltina (Unity) said that Latvia highly values the company's decision to make Riga its regional center of commercial operations, informs LETA.
Eesti Energia: Visaginas project is nearing to its end
Building a nuclear power station in Lithuania is not cost –effective businesswise, thinks Estonia's state –owned energy company Eesti Energia, forecasting that the project that has been in works for seven years will just fade away, LETA/Postimees writes.
The most urgent issues and strategic challenges discussed at Vienna CIO summit
More than 100 Chief Information Officers gathered at the Ritz-Carlton Vienna on April 25 and 26 to debate the hottest current technology and management topics and to learn from each other, IDC analysts, leading ICT vendors, and business gurus about the future of IT and leadership.
University of Latvia rector: Latvia must have more foreign students
It is important for Latvia to have more foreign students, as University of Latvia Rector Marcis Auzins said during a conference on the development of higher education in Latvia today, writes LETA.
Office of Lithuanian embassy to Austria opens in Zagreb
The Office of the Embassy of the Republic of Lithuania to the Republic of Austria in Zagreb was opened on 20 May, a month before Croatia officially joins the growing EU family. Speaker of the Seimas (Parliament) of Lithuania Vydas Gedvilas and Croatian Minister of Foreign and European Affairs Vesna Pusic attended the opening ceremony, reports BC Lithuania's Ministry of Foreign Affairs.
Lithuania strongly supports Irish EU presidency in talks on financial framework
On 21 May in Brussels, Deputy-Minister of Foreign Affairs of Lithuania Vytautas Leskevicius called on EU Ministers of European Affairs to confer wide powers on Irish presidency of the EU Council to seek a political agreement in negotiations with the European Parliament on the EU Multiannual Financial Framework, reports BC Lithuania's MFA.
University of Tartu among the top 200 universities in 2 subjects
In the list of the world's best 200 universities in 30 subjects "QS World University Rankings by Subject 2013" that was published by the international consultation firm Quacquarelli Symonds (QS) in May, 2013, the University of Tartu is represented in two subjects for the first time, ranking between 51 and 100 in communication and media studies and between 151 and 200 in modern languages, informed LETA the University of Tartu.
Electricity price in Estonia reduced by 4.4% in April
Electricity price in Estonia decreased by 4.4% in April, averaging at 43.31 euros per MWh, the company said in a statement, reports LETA.
"Riga 2014" foundation wins Melina Mercouri Award of EUR 1.5 mln
The European Commission's international jury has decided to award the Melina Mercouri Prize to the "Riga 2014" foundation that is organizing Riga's program of the Capital of Culture, according to the European Capitals of Culture monitoring report.
Latvian PM visits oil drilling platform in Baltic Sea
Latvian Prime Minister Valdis Dombrovskis (Unity) visited the oil drilling platform in the Baltic Sea today, where Balin Energy, a joint venture of Poland's refinery PKN Orlen SA and Kuwait Energy Co, has begun drilling in Latvian territorial waters, searching for deposits, informs LETA.
EU’s assessment of Latvian economic activity 
