Baltic States – CIS

International Internet Magazine. Baltic States news & analytics Thursday, 18.12.2014, 11:28

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November's power price in Lithuanian zone of NPS was the lowest since May

November's power price in Lithuanian zone of NPS was the lowest since May

18.12.2014

In November, the average electricity price in the Lithuanian trading zone of the Nord Pool Spot was 17.4 ct/kWh, a drop down by 6% compared to October 2014, and was the lowest since May this year, reports BC Litgrid AB, the Lithuanian electricity transmission system operator.

Keyword tags: Baltic States – CIS, Energy, EU – Baltic States, Lithuania



FinMin: falling rouble will not cause problems for many companies in Estonia

FinMin: falling rouble will not cause problems for many companies in Estonia

18.12.2014

Estonian Ministry of Finance shall prepare an in-depth analysis on the fast fall of the Russian rouble exchange rate in recent days and its impact on the Estonian economy, Finance Minister Maris Lauri said on Wednesday in the parliament, LETA/Delfi Ärileht reports.

Lithuania to open 7 new visa centers abroad

Lithuania to open 7 new visa centers abroad

18.12.2014

Lithuania is going to open new visa centers in 7 foreign countries, reports LETA/ELTA.


Price for the standard-type apartments in Riga continues to decrease

Price for the standard-type apartments in Riga continues to decrease

17.12.2014

In November 2014, the price decrease of the standard-type apartments that began a month earlier with a minimum price decline, continued in the housing estates of Riga. The standard-type apartment prices in November, compared to October, have decreased by 0.2%, and this price decline has been typical for almost all major housing estates or Riga, says Mr. Māris Laukalējs, Member of the Board of Directors of ARCO REAL ESTATE.

Lithuanian MFA: nobody wishes Russia to collapse

Lithuanian MFA: nobody wishes Russia to collapse

17.12.2014

Lithuanian Minister of Foreign Affairs Linas Linkevicius says the crash of the Russian rouble against the US Dollar to record lows should not be gloated over. According to the foreign minister, the financial crisis in Russia is a good moment for the country to change the course of its policy, reports LETA/ELTA.

17.12.2014

After "New Wave", KVN and "Comedy Club" could exit Jurmala

It is possible that Russian "New Wave" pop music festival and the KVN and "Comedy Club" stand-up shows will not be able to organize their events in Jurmala anymore by leading Moscow politicians' order, newspaper "Vesti" reports today, cites LETA.

17.12.2014

EU Ministers discussed improving investment climate

Lithuania's Minister of Foreign Affairs Linas Linkevicius participated in the General Affairs Council on 16 December in Brussels. The Council examined draft conclusions for the European Council meeting to be held on 18-19 December, including European Commission President Jean-Claude Juncker's initiative of mobilising 315 billion euro of investment in the EU, reported BC the MFA.

17.12.2014

Latvian and Moldovan officials confirm mutual interest to further develop bilateral cooperation

Latvian Ambassador Juris Poikans presented his credentials to the President of Moldova Nicolae Timofte earlier this week, and met with Deputy Foreign Minister of Moldova Valeriu Chiveri to discuss bilateral cooperation, relations between the European Union and Moldova, and the situation after the parliamentary elections in Moldova, reports LETA.

17.12.2014

Estonian business leaders support Rail Baltica and Tallinn-Tartu speedway

Estonian business leaders support among major infrastructure projects almost equally Rail Baltica and expanding the Tallinn-Tartu highway into a four-lane speedway, a study by KPMG "The pulse of the economy" indicated, LETA/Delfi reports.

17.12.2014

In Belgrade, PM stresses growth and reliability of Lithuania's market

Lithuania is open for investment and its market is growing and reliable, said Lithuanian Prime Minister Algirdas Butkevicius, attending a Summit of Heads of Government of China and Central and Eastern European countries (China+16) in Belgrade, Serbia, cites LETA/ELTA.

17.12.2014

Currency exchange points in Riga purchasing Russian rubles with large price reserve

Currency exchange points in Riga are purchasing Russian rubles with a large price reserve, LETA has observed.

16.12.2014

Weakening Russian ruble will negatively impact Latvian companies exporting to Russia

According to economic experts interviewed by LETA, the weakening of the Russian ruble will negatively impact Latvian companies exporting to Russia.

16.12.2014

Agrimin and EU commissioner discuss Lithuanian vessel arrested in Russia

During the session of Agriculture and Fisheries Council, Minister of Agriculture Virginija Baltraitiene met with Karmenu Vella, European Commissioner for Environment, Maritime Affairs and Fisheries. The two discussed the situation of Lithuanian fishing vessel Juru Vilkas, which is still stranded in the port of Murmansk after it was detained by Russia, reports LETA/ELTA.

16.12.2014

Latvian and Russian MFA discussed developments in Ukraine

On 14 and 15 December, political consultations between Latvia and Russia took place in Moscow. Andrejs Pildegovics, the State Secretary of the Latvian Foreign Ministry, met with the First Deputy Foreign Minister of the Russian Federation, Vladimir Titov, and representatives from the Committee on International Affairs of the State Duma of the Russian Federation and the Council of the Federation Committee on Foreign Affairs.

16.12.2014

Latvian Saeima speaker calls Russia "aggressor country"

Saeima Speaker Inara Murniece (VL-TB/LNNK) considers Russia an "aggressor country", therefore she is not planning on meeting with Russian Ambassador to Latvia Alexander Veshnyakov, reports LETA.

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