Kaliningrad canned fish producers may be forced to reduce sprat production volumes or even stop production altogether because of shortage of raw materials.
In a small county like Lithuania, the scope of entrepreneurialism varies tremendously from one region to another. The most people that do not fear business risks dwell in largest cities, but some of the otherwise agricultural and touristy regions in the hinterlands can also boast of a decent number of private business initiatives.
In the eight weeks that have passed since the truce agreed by Ukraine, Russia and separatists came into force, battles in Ukraine's east have claimed 957 lives.
During a discussion with BBC about the crisis in Ukraine and its impact on relations between the West and Moscow, Vladimir Putin’s Press-representative Dmitry Peskov discussed a theoretical possibility of a coup d'état in Latvia.
This December Russia could officially declare NATO and USA as its enemies. The foundation for this is currently being prepared, believes politologist Ojārs Skudra.
The G20 summit will start in Australia on Saturday, November 15, where discussions on strengthening of economic growth are set to be overshadowed by Western leaders meeting with Russian President Vladimir Putin, amid reports on renewed influx of Russian troops and arms in eastern Ukraine.
At an emergency session of the UN Security Council, concern has been raised on the possibility of a full-scale war returning to Ukraine's east, where fighting and hostilities have not stopped since the Minsk peace agreement.
Azerbaijani Ministry of Defence has announced that its forces have on November 12 downed an Armenian military helicopter that flew into Azerbaijan's territory. The attack in which helicopter's three crew members died is the first such incident since both Caucasus countries ended the war over Nagorno Karabakh.
Astronomers at the European Space Agency in Paris are waiting for news from the robot probe that after several unsuccessful attempts made a historic landing on a comet on November 12.
Latvian State Fire and Rescue Service in cooperation with European Union (EU) Humanitarian Aid and Civil Protection General Directorate have sent humanitarian aid to Ukraine this week – nine generators worth more than EUR 45,000.
European Parliament's Environment Committee noted on Tuesday, November 11, that member states should be able to ban the cultivation of genetically modified crops in their territory also, after the European Union has already allowed their cultivation.
In order for Baltic States to be able to continue their economic development in the future and create better climate for business development, they should seriously improve their demographic indexes, which, according to the latest estimates, could create a serious lack of skilled workers, as noted by DNB macro-economist from Norway Knut Magnussen.
Companies in Central and Eastern Europe are having more and more difficulties hiring and keeping skilled employees. An increase of wages is therefore expected to come in 2015, according to the latest corporate survey by KPMG Economy’s pulse 2014.