BNS Estonia and Finland should manage to agree on a site for a regional liquefied natural gas (LNG) terminal this year, Lithuania’s Energy Minister believes. The European Commission (EC) had set an initial deadline for an agreement by its summit due next week. “I’m not …
BNS Following the government’s decision to authorise Energy Minister Jaroslav Neverovič to consult until 1 July, 2013, with regional partners – the Latvians and the Estonians – whether they find the new terms of the project on the construction of a new nuclear power plant …
BNS Lithuania’s government will decide on Wednesday whether a joint Baltic venture should be established for the construction of a nuclear power plant in Visaginas, Prime Minister Algirdas Butkevičius said on Tuesday. Alternatively, this task could be handled by existing Visagino Atomine Elektrine (Visaginas Nuclear …
The Baltic states considerably lag behind other members of the European Union in terms of participation in the activities of trade unions and nongovernmental organizations, a fresh survey revealed on Thursday. The Eurobarometer survey showed that just 3 percent of those surveyed in Lithuania and …
Among 17 Eurozone members, Estonians are one of the poorest by net value of their assets, shows statistics published by Swedish business newspaper Dagens Industri, writes Äripäev cited by bbn.ee. In a survey in which Credit Suisse and Oxford University measured the net value of …
In January 2013 compared with January 2012, industrial production decreased by 1.3% in the euro area (EA17) and by 1.7% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union. Based on these estimates, Lithuania is among the countries …
Prime Minister Algirdas Butkevicius says that preparatory new nuclear power plant infrastructure works only will cost twice more than it had been planned originally, as now they cost at least 700 million litas (203 million euros), reports the Baltic Times. Lithuania is committed to implement …
Swedish privately owned media group Bonnier that is parent company of Äripäev and owns film distributor SF Bio and Ratos, owner if film distributor Finnkino, has agreed to merge their cineme distribution operations and form the Nordic region’s largest cinema group, announced the companies, reports …
Latvian residents are some of the least tourist friendly people in the world, according to the global tourism competitiveness rating compiled by the World Economic Forum (WEF) and cited by bnn-news. In terms of residents’ friendly attitude toward foreign tourists Latvia is on the 136th …
The newly-released Human Development Index ranks Lithuania in the 41st position out ot 186 nations around the world. Estonia was placed in the 33rd spot whilst Latvia ranked last in the Baltic regional context at the 44th place. The top position was occupied by Norway …
The economic and population differences of the three Baltic countries are behind the statistics that show highest wages for Lithuanian managers but lowest wages for Lithuanian staff, a study by Hay Group human resources consultancy says, according to a report by news2biz LITHUANIA and cited …
The biggest player on Lithuania’s free electricity supply market, Energijos tiekimas, is finally stepping across the border and into its natural foreign markets – Latvia and Estonia, reports news2biz LATVIA cited by bbn.ee. Energijos tiekimas is a subsidiary of the country’s state-owned electricity giant, Vilnius-listed …
Newspaper readers across the Baltics may see similar newspaper layouts, the same garish eye-catchy headlines and even some of the same article topics, writes Linas Jegelevicius for the European Journalism Centre. But that’s where the similarity ends. Estonia, Latvia and Lithuania may be tiny countries …
On 13 March, Minister of Foreign Affairs of Lithuania Linas Linkevičius will pay a working visit to Estonia, informs urm.lt. The visit will include meetings with President of Estonia Toomas Hendrik Ilves, Prime Minister Andrus Ansip, and Minister of Foreign Affairs Urmas Paet. The …
Lithuania remains among the EU countries with the highest numbers of people at risk of poverty or social exclusion, according to the latest data released by Eurostat last week. Some 33.4 percent of the Lithuanian population was at risk of poverty or social exclusion in …
The people said to be leaving Estonia in droves are mainly from the generation born around the time that the nation regained independence, but the trend should be placed in the proper perspective, said two Tartu professors interviewed by err.ee. “The majority of [current] emigres …
One of Lithuania’s largest tour operators Novatours has lost its claim against Estonian Air also in the second instance court, reported ERR. Novatours had appealed the first-instance court ruling which obligated the tour operator to pay Estonian Air over 20,000 euros for delays in charter …
The inequality in Lithuania’s gender pay is smaller than that across the rest of the European Union (EU). While women generally received a salary that is 16% smaller than that of men’s salary in the EU in 2011, this difference in Lithuania is only 12%. …
The Estonian wage system is too hierarchical, which means that managers are usually paid more than specialists, although the latter may turn out to be more valuable for the company, says Milvi Tepp, visiting professor of the Tallinn University in organization management. She said in …
According to the global tourism competitiveness rating compiled at the World Economic Forum (WEF), Lithuania is on the 49th place among 140 countries in terms of tourism industry competitiveness (55th place in 2011). Switzerland, Germany and Austria lead the world in terms of their travel …
