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International Internet Magazine. Baltic States news & analytics Tuesday, 30.09.2014, 08:56

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Ignalina NPP decommissioning price grows to EUR 2.6 bln

Ignalina NPP decommissioning price grows to EUR 2.6 bln

29.09.2014

As the Lithuanian Ministry of Energy reviewed the final Ignalina nuclear power plant (NPP) decommissioning plan, it turned out that the closing price will stand at EUR 2.6 billion at least, while the closing deadline has been extended for 9 years, informs LETA/ELTA.

Keyword tags: Energy, Financial Services, Legislation, Lithuania, Nuclear power plant



Lithuania media start euro coverage projects

Lithuania media start euro coverage projects

29.09.2014

As of September, twelve TV, radio and Internet projects are providing latest euro-related updates for everyone who is going to plan their expenses and income in euros as of 1 January, 2015, reports LETA/ELTA.

Chinese economy takes 12.3% of world total in 2013

Chinese economy takes 12.3% of world total in 2013

29.09.2014

The Chinese economy comprised about 12.3% of the world total in 2013, according to the National Bureau of Statistics (NBS) on Sunday.


About 300 people gathered for rally against sale of Citadele bank in Riga

About 300 people gathered for rally against sale of Citadele bank in Riga

29.09.2014

Yesterday, about 300 people gathered for a rally organized by the Harmony political party at the Dome Square to protest against the sale of Citadele bank, LETA observed.

Lithuania's domestic credit up EUR 53.2 mln in August

Lithuania's domestic credit up EUR 53.2 mln in August

29.09.2014

Over August 2014, the M3 broad monetary aggregate in Lithuania increased by LTL 244.6 million (EUR 70.9 million) and its annual growth rate was 3.6% at the end of the month, reports LETA/ELTA, referring to the Statistics Department of the Bank of Lithuania.

29.09.2014

Latvia and Qatar sign agreement on double taxation avoidance

On the sidelines of the UN General Assembly in New York yesterday, Latvian Foreign Minister Edgars Rinkevics (Unity) met with the economy minister of Qatar Sheikh Ahmed bin Jassim Al Thani, during which the two sides signed an agreement on the avoidance of double taxation, LETA was informed by the Foreign Ministry.

28.09.2014

Rimsevics: weak lending threatening economic growth in Latvia

Weaker lending in Latvia is threatening to slow down economic growth even more, Bank of Latvia President Ilmars Rimsevics told members of the press on September 26th, informs LETA/Nozare.lv.

27.09.2014

INVL Baltic Real Estate gets EUR 15.35 mln loan

On 26 September, Lithuanian Invaldos Nekilnojamojo Turto Fondas, a subsidiary of INVL Baltic Real Estate, signed a loan agreement with Siauliu Bankas regading EUR 15.35 million loan (LTL 53 million), reports LETA/ELTA.

26.09.2014

Member states have to comply with the VAT rules in EU

EU member states are still having problems in dealing with the EU’s VAT rules. Recently the Commission decided to refer Holland and Germany to the Court of Justice for failing to comply with the EU rules on VAT.

26.09.2014

In Lithuania, number of members of political parties, employers' associations grew in 2013

According to Statistics Lithuania, the number of members of political parties increased by more than 6,000 in 2013 and reached 114,100 people by the end of the year. In other words, 4.7% of all adults were members of political parties, informs LETA/ELTA.

26.09.2014

Lithuanian MEP: minimum salary increase is at expense of municipalities

After the Government decided to increase the minimum monthly salary to LTL 1,035 (EUR 300), member of the Lithuanian Peasant and Greens Union, Member of the European Parliament Bronis Rope addressed Prime Minister Algirdas Butkevicius claming that the decision has not been coordinated with municipalities beforehand and will rest on their shoulders, reports LETA/ELTA.

26.09.2014

By August, Lithuanian residents' arrears total EUR 1 bln

According to the data of credit system Mano Creditinfo, Lithuanian residents' arrears for financial, telecommunications and other services in August 2014 amounted to LTL 3.57 billion (EUR 1.03 billion) and were by LTL 1.3 million (EUR 376,000) greater than in early summer, informs LETA/ELTA.

26.09.2014

Pietiek: price of Citadele shares could be EUR 74 mln

The government could sell its Citadele bank shares for EUR 74 million, according to a copy of the U.S. fund Ripplewood Holdings offer posted on portal Pietiek.com, reports LETA/Nozare.lv.

26.09.2014

Estonian entrepreneurs want at least a half-year advance notice of tax changes

Estonian entrepreneurs want to know about all tax changes at least half a year in advance in the future; on Thursday, the Chamber of Commerce and Industry handed over to Riigikogu Chairman Eiki Nestor the corresponding address, which has been signed by more than 1,200 entrepreneurs, LETA/Public Broadcasting reports.

26.09.2014

Oleg Shamshur: West can use three measures against Russia

It is obvious that Ukraine alone cannot resist Russia, especially because the current crisis affects not so much Ukraine as the entire Europe's security system, which has practically ceased to exist, former Ukrainian Ambassador to the United States Oleg Shamshur said in an interview with LETA.

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