International Internet Magazine. Baltic States news & analytics
Friday, 13.06.2025, 04:57
London court postpones decision on extradition of Antonov and Baranauskas
Today, a British court decided to postpone its decision on the extradition of the former owners of Lithuanian bank Snoras, Vladimir Antonov and Raimondas Baranauskas to Lithuania, the Lithuanian media report.
A historic moment for Russia at the EU-Russia summit: WTO membership
Russia’s accession to the World Trade Organisation (WTO) to be effective in 2012 brings the total number of WTO members to 157. The EU is also expected to formally conclude its bilateral negotiations with Russia. Russia’s WTO accession makes a new opportunity for talks with the EU officials at the present EU-Russia summit. Russia’s membership in WTO provides new opportunities for Baltic States’ trade.
Straujuma hopes Cyprus will comprehend of Latvian farmers and fishermen's interests
Latvia hopes that Cyprus, during its European Union presidency in the second half of 2012, will be comprehending of Latvian farmers and fishermen's interests, Latvian Agriculture Minister Laimdota Straujuma said during a meeting with Cypriot Agriculture, Natural Resources and Environment Minister Sofoclis Aletraris in Brussels today.
PGE's decision to freeze its role in Visaginas NPP project made without Polish government's consent
Polish energy company Polska Grupa Energetyczna (PGE) decided to freeze its participation in the Visaginas nuclear power plant project without consulting the Polish government, Lithuanian Energy Minister Arvydas Sekmokas announced yesterday. According to Sekmokas, PGE did not discuss its decision with the Polish government.
Gauss: airBaltic could face new problems in future
The previous forecasts about the future of the national airline airBaltic were made before the Latvijas Krajbanka collapse and before information about the financial problems of the airline's private shareholder Baltijas Aviacijas sistemas (BAS) transpired, therefore airBaltic may face new problems yet, as the airline's CEO Martin Gauss says in an interview with the Dienas Bizness newspaper.
Riga Court declares People's Party insolvent
Today, the Riga Central District Court declared the People's Party insolvent, LETA was informed by court spokesman Janis Jaksons.
Court approves KPMG Baltic as Krajbanka's insolvency administrator
The Riga Regional Court, at the Financial and Capital Market Commission's request, has approved auditor company KPMG Baltic as Latvijas Krajbanka's insolvency administrator, LETA was informed by the court's press secretary Aigars Berzins.
Belarus denies visa to Vilnius mayor Zuokas
Vilnius Mayor Arturas Zuokas has been denied a Belarusian visa after his meeting with the Belarusian opposition members, the Charter'97 Press Center reports. This spring Zuokas planned a visit to Astravets, where a Belarusian nuclear power station is being constructed.
Jurmala City Council approves of territorial development plan for next 12 years
Jurmala City Council yesterday approved the city's territorial development strategy for the next twelve-year period, LETA learned from the municipality.
Tallinn approves of 2012 budget
The city of Tallinn council approved on Thursday the city’s 2012 budget amounting to 475.2 million EUR, LETA/National Broadcasting reports.
Tax on luxury real estate in Lithuania to be introduced as of 2012
On Thursday, "a real Coalition of Change" has inked an agreement on Lithuanian budget for 2012. The ruling coalition has decided to impose a "luxury" tax on real estate as of 1 of January, 2012.
Head of Eesti Raudtee's Latvian company embezzled money
The internal audit department of Estonian state-owned railway company Eesti Raudtee (Estonian Railways) ascertained that its Latvian company Livonia Rail Service board member Ahto Kalamees issued loans and made transfers to a company to which he was connected to, LETA/National Broadcasting reports.
Dombrovskis: 2012 budget will be last fiscal consolidation budget for Latvia
The 2012 state budget that the Saeima endorsed yesterday is very important, and it is the last budget that provides for fiscal consolidation, Prime Minister Valdis Dombrovskis (Unity) told reporters after the Saeima's vote.
Latvian Free Trade Union: 2012 budget will not facilitate development
The 2012 national budget, which was passed by Saeima yesterday, is "a technically created list of measures" and is not aimed at development, Latvian Free Trade Unions' Association Chairman Peteris Krigers told LETA.
Lithuanian Railways demand change of Snoras administrator
Lietuvos Gelezinkeliai (Lithuanian Railways) is making an appeal on the grounds of the decision of the Court of Appeal of Lithuania (LAT) to appoint Neil Cooper as Snoras bankruptcy administrator.
«The Baltic Course» Is Sold and Stays in Business!
