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Ceturtdiena 02.07.2015 | Name days: Lauma, Ilvars, Halina

Kremlin sees no point in checking the legitimacy of independence of Baltic States

Kremlin does not understand the point behind the initiative that was submitted to the Russian Prosecutor General’s Office in regard to the alleged illegitimacy of independence of Baltic States, announced Russian President Vladimir Putin’s press secretary Dmitry Peskov this Wednesday, 1 July.

Zhirinovsky requests a referendum in Baltics in favour of merging with Russia

Scandalous Russian politician Vladimir Zhirinovsky has announced an outrageous request to hold a referendum in Latvia, Lithuania and Estonia in favour of having these three Baltic States become part of the Russian Federation.

Expert: euro value could decline because of Greece

Even though Eurozone has much smaller ties with Greece than it did in 2011-2012, mainly because the private sector – especially Eurozone banks – is not directly influenced by Greece’s debt, it remains possible that damage could spread over to other financial markets. This especially applies to Portugal, Ireland, Spain and Italy, as mentioned by Coface Director Armis Blumfelds.

Ukraine stops buying Russian gas over price disagreement

Ukrainian state company Naftogaz has announced on June 30, it would not continue buying natural gas from Russia from July 1 until new supply conditions are agreed upon.

With its bailout having expired, Greece misses its IMF payment

Greece missed the July 30 deadline for a 1,6 billion euro debt repayment to the International Monetary Fund, becoming the first economically advanced state to fail to repay a loan to the lender.

Russian politicians call to assess the legitimacy of Baltic States’ independence

Russian Prosecutor General's Office has responded to a request by Russian politicians to assess the legitimacy of independence of Latvia, Lithuania and Estonia.

Unemployment in Eurozone remains the lowest in the last three years

Seasonally adjusted level of unemployment in Eurozone for May 2015 was 11.1%. With that, it remained the same in comparison with April.

Latvia’s presidency in EU in numbers and facts

Tuesday, 30 June, marks the last day of Latvia’s presidency over the EU Council. Latvia’s presidency’s Secretariat has compiled a list of the most interesting facts and statistics about this period:

Tsipras asks Greek voters to reject creditor demands in referendum

Prime Minister of Greece Alexis Tsipras late on Monday asked voters to reject the set of austerity demands that Greece's international lenders have set for Greece to reach an agreement on a new bailout.

Banks to be closed in Greece this week

The Greek government has decided with a decree to keep banks closed throughout this week. The decree passed early on June 29 came after the European Central Bank decided not to extend emergency funding for Athens.

Serbia says Hungary's border fence plans no solution to influx of migrants

Serbian Prime Minister has noted he is «shocked» about Hungary's plans to build a fence in the length of the border between the two states.

NATO condemns Russia's «nuclear sabre-rattling»

NATO described on Tuesday, June 16, Russia's plan to modernise its nuclear arsenal by putting more than 40 new intercontinental ballistic missiles into service this year as an unjustified and destabilising step.

Week in Lithuania. Constitutional Court rules against cap on income tax share for Vilnius

Limiting the Lithuanian capital Vilnius’ share of personal income tax revenues collected in the city is against the Constitution of Lithuania, the Constitutional Court ruled on Thursday, June 11, in a ruling that will take effect on January 2, 2016.

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