Legislation

International Internet Magazine. Baltic States news & analytics Friday, 24.10.2014, 23:29

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Kyrgyz government is obligated to pay USD 16.5 mln in favour of Belokon

Kyrgyz government is obligated to pay USD 16.5 mln in favour of Belokon

24.10.2014

Today in Paris the Arbitration Tribunal has ordered that the Government of the Kyrgyz Republic has to pay Mr Valeri Belokon USD16.5 million. The award has come into force, it is final and binding and may not be challenged, reported BC Belokon Holdings.

Keyword tags: Baltic States – CIS, Banks, EU – Baltic States, Financial Services, Latvia, Legislation



ECB sets minimum reserves for Lithuania

ECB sets minimum reserves for Lithuania

24.10.2014

The European Central Bank (ECB) has set minimum reserves for banks in Lithuania, the Bank said on Friday, cites LETA/ELTA.

Erdogan in Latvian University: Turkey upholds human rights

Erdogan in Latvian University: Turkey upholds human rights

24.10.2014

People should not judge Turkey based on critical information posted in social media, Turkish President Tayyip Erdogan said during a lecture for students at the University of Latvia on Thursday, reports LETA.


Prime ministers work on LNG agreement between Estonia and Finland

Prime ministers work on LNG agreement between Estonia and Finland

24.10.2014

Estonian Prime Minister Taavi Rõivas, who attends the European Council meeting in Brussels, discussed on Thursday with Prime Minister of Finland Alexander Stubb also concluding an interstate agreement that would help achieve progress in the Estonian-Finnish gas pipeline and LNG terminal issues, LETA/Delfi Ärileht writes.

EU leaders agree on new climate and energy policy goals

EU leaders agree on new climate and energy policy goals

24.10.2014

After several hours of discussions, the European Union (EU) leaders finally reached agreement on the climate and energy policy framework for 2030, informs LETA.

24.10.2014

Grybauskaite: democratic Ukraine – interest of whole Europe

Lithuanian President Dalia Grybauskaite is attending a European Council meeting. At the meeting, EU leaders discussed the situation in Ukraine and other EU foreign policy issues, reports BC the presidential press service.

24.10.2014

Nevertel plans to invest EUR 10 mln in new controversial hotel in Old Town Riga

The Lithuanian real estate company Nevertel plans to invest about EUR 11 million in the new hotel at 25 Grecinieku Street in the Old Town of Riga, as Nevertel representative in Latvia Ramona Miglane revealed, cites LETA/Nozare.lv.

24.10.2014

Erdogan in Riga: Turkey's EU membership process is being delayed

During a press conference after a meeting with President Andris Berzins yesterday, visiting Turkish President Tayyip Erdogan said that his country's European Union membership process has continued to be delayed for many years, cites LETA.

24.10.2014

Turkey could import more Latvian-made food products

During a meeting with Agriculture Minister Janis Duklavs (Greens/Farmers) yesterday, Turkish Agriculture Minister Mehmet Mehdi Eker said that Turkey could import more Latvian-made food products most affected by the Russian food embargo, informs LETA/Nozare.lv.

24.10.2014

Lithuania proposes to help Ukraine to reform its justice system

Minister of Justice in Lithuania Juozas Bernatonis met with the Ukrainian delegation headed by Yuriy Baulin, Chairman of the Constitutional Court of Ukraine, and proposed Lithuania's help in implementing euro-integration reforms, informs LETA/ELTA.

23.10.2014

Erdogan in Riga: U.S. and European media expressing unfounded criticism about the Turkish economy

In his address at the opening of the Latvia-Turkey business forum in Riga today, recently-elected Turkish President Recep Tayyip Erdogan said that it can be observed that U.S. and European media, as well as credit-rating agencies, are expressing unfounded criticism about the Turkish economy, reports LETA.

23.10.2014

Electricity prices for Latvian households to climb up to 30% in 2015

Electricity prices for households could grow up to 15-30% after January 1, 2015, Deputy State Secretary of the Economy Ministry Jurijs Spiridonovs said in a press conference today, cites LETA/Nozare.lv.

23.10.2014

Estonia and Norway consider it important to increase security in the Baltic Sea region

Meeting in Tallinn with Norwegian Minister for EAA and EU Affairs Vidar Helgesen, Foreign Minister Urmas Paet said that hopefully in the future, Norway will contribute to Baltic Air Policing from the Ämari Air Base, informed BC Estonian MFA.

23.10.2014

Estonian 2015 state budget passes first reading

The Estonian Riigikogu completed on Wednesday the first reading of the 2015 state budget, which has revenues of 8.4 billion and expenditures of 8.5 billion euros planned in it, LETA/Public Broadcasting reports.

23.10.2014

Estonian Parliament passes e-residency law

Yesterday, the Estonian Parliament passed a bill that sets out the legal basis for the issuance of a digital identity to persons who are not Estonian citizens or residents of Estonia, reports LETA/Baltic Business News.

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