International Internet Magazine. Baltic States news & analytics
Tuesday, 30.09.2014, 08:56
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
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.
The Chinese economy comprised about 12.3% of the world total in 2013, according to the National Bureau of Statistics (NBS) on Sunday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.