International Internet Magazine. Baltic States news & analytics
Saturday, 25.10.2014, 07:10
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
The European Central Bank (ECB) has set minimum reserves for banks in Lithuania, the Bank said on Friday, cites LETA/ELTA.
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.
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.
After several hours of discussions, the European Union (EU) leaders finally reached agreement on the climate and energy policy framework for 2030, informs LETA.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.