International Internet Magazine. Baltic States news & analytics
Friday, 27.03.2015, 13:54
SPI Group, parent company of Stoli Group, is extremely disappointed in the ruling as we firmly believe it is not correct in light of the facts and the relevant law. We are examining all of our options with our lawyers and next steps, informs the company.
Keyword tags: Alcohol, Baltic States – CIS, EU – Baltic States, Latvia, Legislation, Markets and Companies
On 26 March, during his working visit to Chisinau, the Latvian Foreign Minister, Edgars Rinkevics, met with the Prime Minister of Moldova, Chiril Gaburici, and Deputy Prime Minister and Minister for Foreign Affairs and European Integration, Natalia Gherman to discuss the relations between the European Union and Moldova in the context of the Riga Summit, the internal political situation in Moldova, bilateral cooperation between Latvia and Moldova, and developments in the region, reported BC Latvian MFA.
With the summer flight schedule setting in at Riga International Airport (from 29 March, 2015), the airline SAS will return to the airport and Ukraine International Airlines and Swiss International Air Lines will start operations. The national carrier airBaltic will open several new destinations, reports BC airport’s press service.
On behalf of his organization, leader of the Latvian Non-Citizens' Congress, Aleksandrs Gaponenko, has requested legal assistance from the Russian State Duma, Gaponenko announced on Thursday, cites TASS/LETA.
Economic growth in the Baltics will continue despite the current geo-political factors, reports LETA, according to SEB banka economic analysts.
The Estonian government decided on March 26th, 2015 to allocate EUR 2.8 million for the completion of the Narva border crossing point construction, LETA/Delfi reports.
In January-February 2015, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 60 585,0 thou. tn; the year-on-year change is +3,2% or +1 879,8 thou. tn, reports BC Klaipeda port’s press service.
Excise goods, especially cigarettes, currently make up the largest proportion of contraband goods, Martins Kalnins, Deputy Director of Customs Police Department, said in an interview with Latvian Radio, cites LETA.
The European Union (EU) plans to lend Ukraine EUR 1.8 billion to help plug its short-term balance of payments gap were approved by MEPs on Wednesday, reports LETA/ELTA.
Regardless of the extremely complicated situation in Ukraine, European Commissioner for Social Dialogue Valdis Dombrovskis (Unity) is satisfied with the Ukrainian government's progress with economic reforms, reports LETA.
The acceptance of entries to the VII International advertising festival White Square in Minsk will be completed on March 28! There are just 3 days left!
Latvia can serve as a source of inspiration to each of the Eastern Partnership countries, Director-General of the World Trade Organization Roberto Azevedo said during a meeting with President Andris Berzins in Riga yesterday, cites LETA.
Prime Minister Laimdota Straujuma's advisor on national economy matters in Latvia Juris Bikis believes that it is possible to manage without the Russian market, but that this would not be right.
On Tuesday, March 24, Prime Minister Laimdota Straujuma held a meeting with Director General of the World Trade Organization, Roberto Azevedo. At the meeting, the officials discussed current international trade issues, as well as the role of trade in promoting economic growth, reported BC press secretary to the Prime Minister Aiva Rozenberga.
"The crisis in Ukraine is not about a single country; it is about the security of all of Europe. Therefore, Europe must adopt a clear position and demonstrate its decisiveness, determination and strength. Under the current conditions, military support for Ukraine or imposing more severe sanctions on Russia should be discussed. If we decide against this, does Europe have a plan B?" asked President Toomas Hendrik Ilves while taking part in the high-level Brussels Forum, reported BC the president's office.