Baltic States – CIS

International Internet Magazine. Baltic States news & analytics Monday, 06.07.2015, 23:11

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Former shareholders of Lithuanian bank Snoras disappear in UK

Former shareholders of Lithuanian bank Snoras disappear in UK

06.07.2015

UK's Prosecution Service is not aware of whereabouts of suspects Raimondas Baranauskas and Vladimir Antoni who had to be extradited to Lithuania, the British institution told the Lithuanian Prosecutor General's Office, reports LETA/ELTA.

Keyword tags: Baltic States – CIS, Banks, EU – Baltic States, Financial Services, Legislation, Lithuania



Tallinn-Moscow train will run on a daily basis

Tallinn-Moscow train will run on a daily basis

06.07.2015

The Tallinn-Moscow passenger train that stopped operating in May will from 10th July 2015 will start running daily between the two cities, LETA/Public Broadcasting reports.

Lithuania shares energy security experience with Croatia

Lithuania shares energy security experience with Croatia

03.07.2015

On 29-30 June 2015, Lithuanian Energy Minister Rokas Masiulis as part of a Lithuanian delegation was visiting Croatia. Masiulis met with Croatian Economy Minister Ivan Vrdoljak and took part in a Lithuanian-Croatian energy security forum. Croatia currently is particularly concerned about enhancing its energy security as the country imports more than half of its energy resources, reported BC the Lithuania's Ministry of Energy.


Fortum ready to buy minority stake in Fennovoima nuclear project

Fortum ready to buy minority stake in Fennovoima nuclear project

03.07.2015

Fortum, a Finnish energy company focusing on the Nordic and Baltic countries, Poland, and Russia, is negotiating on the restructuring of the territorial generating company, TGC-1. The negotiations have not, however, come to conclusions, that would make it possible for Fortum to decide on its participation in the Fennovoima nuclear power project, reports LETA/ELTA. Referring to Fortum.

Lithuanian MFA: diplomatic service must stay focused and active, facing new challenges

Lithuanian MFA: diplomatic service must stay focused and active, facing new challenges

02.07.2015

Minister of Foreign Affairs of Lithuania Linas Linkevicius underlined the importance of a focused and active diplomatic service during the Convention of Lithuanian Ambassadors, which began on 1 July 2015, reports BC the Ministry of Foreign Affairs.

02.07.2015

PM: export still hampers economic development of Lithuania

Prime Minister Algirdas Butkevicius says that Lithuania's GDP growth has not met projections because export still cannot recover from the embargo imposed by Russia, reports LETA/ELTA.

02.07.2015

Lithuania's energy minister attends arbitration hearings against Gazprom

Stockholm arbitration case concerning Lithuania's action against Russian gas company Gazprom has been opened in Paris. Lithuania's Energy Minsiter Rokas Masiulis attended the oral hearing on July 1st. Oral hearings will conclude the main procedures of the arbitration, informs LETA/ELTA.

02.07.2015

Latvia-Russia Cross Border Cooperation Program 2014-2020 submitted to EU Commission

The Latvia-Russia Cross Border Cooperation Program for 2014-2020 has been submitted to the European Commission. The aim of the program is to facilitate sustainable socioeconomic growth of specific cooperation regions, the Environmental Protection and Regional Development Ministry informed LETA.

02.07.2015

Kremlin doesn’t see any point of the initiative to examine legitimacy of Baltic independence

The Kremlin does not understand the point of the initiative submitted to the Russian Prosecutor General's Office to examine the legitimacy of the independence of the Baltic states, Russian President Vladimir Putin's press secretary Dmitri Peskov said on July 1st 2015, reports ITAR-TASS/LETA.

01.07.2015

FDI in Lithuania grew to EUR 220.8 mln in Q1

Statistics Lithuania and the Bank of Lithuania inform that in I quarter 2015, the foreign direct investment (FDI) flow into Lithuania and the Lithuanian direct investment flow abroad was on the increase. Please note that this news release presents FDI calculated by applying directional principle, i.e. by estimating reverse investment. Therefore, the data differ from the direct investment information provided in the balances of payments and international investment where assets and liabilities principle is applied for the calculation of the said investment.

01.07.2015

Zhirinovsky suggests referendums in Baltics on inclusion in Russian Federation

Member of the Russian Duma Vladimir Zhirinovsky is calling for a referendum to be organized in Latvia, Lithuania, and Estonia where people would be offered to vote for the countries to be included in the Russian Federation, reports REGNUM/LETA.

01.07.2015

In 2013, around 985,000 persons acquired citizenship of a Member State of the EU

In 2013, around 985,000 persons acquired citizenship of a Member State of the European Union (EU), up by 20% (or about 163,000 persons) compared with 2012. Of the total number of persons obtaining the citizenship of one of the EU Member States in 2013, 89% were citizens of non-EU countries, said Eurostat, the statistical office of the EU, cites LETA/ELTA.

01.07.2015

Tallinn-Moscow train likely to start operating again

The Moscow-Tallinn passenger train that stopped operating in May 2015 will start operating again on 10 July 2015, but this time the line goes through St. Petersburg, LETA/Postimees Online reports.

01.07.2015

Estonian MFA in Sweden: finding a job helps refugees adapt more quickly in society

At their meeting on June 30th in Stockholm, Swedish Foreign Minister Margot Wallström and Estonian Foreign Minister Keit Pentus-Rosimannus discussed the situation in Greece, the migratory crisis and regional cooperation, reports BC the foreign ministry press department.

01.07.2015

The construction of the Moscow House in Vilnius should be completed by end-2015

The construction of the Moscow House in Vilnius has intensified and should be completed by the end of 2015, reports LETA/ELTA, referring to Lietuvos zinios.

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