International Internet Magazine. Baltic States news & analytics
Monday, 01.09.2014, 14:12
Lithuanian President Dalia Grybauskaitė met with Ukrainian President Petro Poroshenko at the summit meeting of EU leaders in Brussels and expressed Lithuania's support for the European reforms implemented in Ukraine, to its sovereignty and territorial integrity, reports BC press service of Lithuanian President.
Keyword tags: Baltic States – CIS, EU – Baltic States, Financial Services, Legislation, Lithuania
European Union leaders on Sunday gave Russia a week to reverse course in Ukraine or face a new round of sanctions as Kiev warned it was on the brink of "full-scale war" with Moscow, informs LETA/AFP.
On Friday, Lithuanian Prime Minister Algirdas Butkevicius visited Kaunas light industry enterprises and discussed training of specialists, employment and the European Union (EU) investments, reports LETA/ELTA.
Estonian Minister of Agriculture Ivari Padar said that the Russian food imports ban has hit the producers of milk and pork and the fisheries industry the hardest, writes LETA/National Broadcasting.
European leaders on Saturday named Polish Premier Donald Tusk the next EU president and Italian Foreign Minister Federica Mogherini to head its diplomatic service as the bloc faces a series of challenges topped by Ukraine. Tusk, who speaks only halting English and no French, is the first eastern European to hold such a senior post in the EU and is known as a tough critic of the Kremlin, especially over the Ukraine crisis, the AFP points out.
Talks on the sale of the insolvent joint-stock metallurgical company Liepajas metalurgs will continue with two bidders – Luxembourg-based United Group, which belongs to Russian millionaire Igor Shamis, and the Ukrainian company KVV Group, as Liepajas metalurgs insolvency administrator Haralds Velmers told a press conference today.
The number of Russian tourists in Europe has reduced by 30-40% due to the crisis in Ukraine, and this tendency will inevitably affect Latvia as well, CEO of the travel agency Baltic Travel Group Vlads Korjagins told LETA.
Taking into account frequent information attacks and hostile propaganda, amendments to the Law on Provision of Information to the Public were prepared by the initiative of Lithuanian President Dalia Grybauskaite and submitted to the Seimas.
Latvia condemns the invasion of Ukrainian territory by armed forces of the Russian Federation, the Foreign Ministry announced last night.
The European Union (EU) is taking emergency measures to help dairy producers hit by Russia's import ban on the bloc's agricultural exports, the European Commission's announcement indicates, cites LETA/DPA.
More than 40 leaders of Latvian food production companies participated in a meeting with Uzbekistani business owners yesterday. Although, specific cooperation agreements could be signed in November 2014 after the scheduled exhibition for food industry in Almaty, the Latvian Agricultural Consulting and Education Center spokeswoman Iveta Tomsone informed the business portal Nozare.lv, cites LETA.
Less than half, or 46% of economically active residents ages 18 to 55 say that they will be buying more Latvia-produced goods in wake of Russia's food embargo, according to a survey carried out by the TNS research company in collaboration with the LNT television, informs LETA/Nozare.lv.
Former chief editor of the Russian news site Lenta.ru, Galina Timchenko, has founded a company in Latvia, reports LETA/Nozare.lv.
At the moment, there are 1.295 million Latvians and 0.583 million Russians living in Latvia, according to latest information provided by the Office of Citizenship and Migration Affairs, cites LETA.
SEB banka has also reduced its economic growth forecast for Latvia. According to SEB banka, Latvia's gross domestic product will increase 2.5% this year, 2.7% in 2015 and 3.4% in 2016, as the bank informs in its latest Macroeconomic Review, cites LETA.