After Lithuania’s decision to obtain energy independence by separating its gas company into two different parts, Russia has punished it by not reducing the price for gas, as it was done in Latvia and Estonia.
Latvia and Estonia will get 15% discount in 2011, while the price for Lithuania was not cut.
Lithuania has been trying to seek for energy independence for some time already, especially, in the sector of gas, therefore currently it is splitting the sector into two parts – transmission and production, thus trying to avoid the possibility for monopolistic pricing schemes.
Gas prices will be cut for Latvia, as they have undertaken to resume gas consumption up to levels of 2007. We have resolved this issue. Regarding Estonia, the decision is positive as well, says Gazprom vice-president Valery Golubev.
He adds there are no reasons to cut prices for Lithuania.
Golubev points out they do not see why Lithuania is carrying out the EU’s third energy package. For the time being the European Commission has not initiated any negotiations with respect to gas in Lithuania, explains Golubev.
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Following the announcement of the final result of the referendum in the UK that the majority of voters have expressed their will to leave the European Union, British Prime Minister David Cameron has stated he would resign from office by October.
Ventspils Nafta Terminals believes amendments initiated by Ventspils Freeport on 27 May to the rules of Ventspils Freeport were developed basically with no involvement from the terminals working at the port, including VNT.
Russian-speaking residents (34%) in Latvia value police worm more than Latvian-speaking residents (28%). But the majority of Latvian residents (38%) believe raiderism is widespread in the country. 27% of Russian-speakers also believe this, according to results of a study by SKDS.
Estonian capital management company LHV Varahaldus acquired for 10.92 million euros pension fund holder Danske Capital, according to a Tallinn stock exchange announcement of July 22.
Exit from the European Union would not give the United Kingdom anything, says Latvian Prime Minister Maris Kucinskis.
In France, leader of far-right party National Front Marine Le Pen suggested that every European Union member state should hold a leave/remain referendum like the UK.
Ambassador: Baltics are like a flagship – if they are doing well, the world can be sure about the future
NATO’s greatest threat is our own inertness and unwillingness to protect our own values, reveals former US ambassador to NATO Kurt Volker, who recently read a lecture ‘Why Baltic security is important to United States?’ as part of an event organized by the Baltic-American Freedom Foundation.
Court in Poland has on June 21 given a suspended prison term to a former security officer in relation to the 2010 plane crash when Polish President Lech Kaczyński and 95 other people died.
Compared with April, producer prices declined 0.2% in Latvia’s processing industry in May 2016. The level of prices for products on the domestic market declined 0.2%. Prices of products sold on the export market remain on the level of the previous month, according to data from the Central Statistical Bureau of Latvia.
The fact that Ventbunkers has been recognized as the largest taxpayer in Ventspils for three consecutive years is proof of the company’s productive and successful work, says Alvis Haze, Chairman of the Board of Ventbunkers.
Terror attack-scarred Belgian capital was on June 21 put on alert by a man wearing a fake explosives belt, which as it turned out was loaded with biscuits and salt.
Economic sanctions the European Union has established against Russia have to remain in force for another six months, as agreed upon by ambassadors of the European bloc countries on Tuesday, according to sources.
The Tallinn’s municipality and passenger train company Elron have extended the term of their agreement ensuring registered residents of the Estonian capital will be able to use trains for free within the capital’s city limits until late 2017.
On the day, when summer solstice is celebrated in the Baltics and other countries, the International Yoga Day is marked in Asia and elsewhere since 2016. In India, a mass yoga exercise has been held with the participation of some 30 000 people and 65-year-old Indian Prime Minister Narendra Modi.
German Minister of Economy Sigmar Gabriel is to meet with Russian President Vladimir Putin in Moscow next week to talk about bilateral relations at a time when the German federal government is not entirely seeking warmer ties with the Kremlin.
«Georgia has completed all the necessary requirements to introduce the visa-free regime. Latvia is confident that the approved visa-free regime halting mechanism and Georgia’s law enforcement institutions’ expressed readiness to cooperate with Europe is sufficient to establish a visa-free regime for Georgia’s citizens,» – said Latvian Foreign Affairs Minister Edgars Rinkevics.
In Germany, investigation has been launched against the former chief executive officer of Volkswagen Martin Winterkorn on suspicion of alleged market manipulations.
Ventspils University College rector Gita Revalde still believes that her dismissal was a political decision that breached the law.
Although there are big groups of residents in Latvia who support Russia’s reports, the possibility of massive protests and support of Russia’s provocations is doubtful, as concluded in the report compiled by researchers of Latvia’s National Defence Academy’s Security and Strategic Research Centre on the possibility of destabilization of the situation in Latvia.
Due to powerful winds that caused widespread damage to electricity networks in southern Estonia, the country’s national airline was also forced to make unusual steps – it left the luggage of 30 passengers’ behind in a flight to Nice, France.
Hoping to become more modern and innovative, Rīgas satiksme, famous for its spending habits, intends to buy a tram and bus with hydrogen engines for a total price of EUR 18 million.
With the August Estonian presidential election nearing, a survey conducted in June shows largest support to current Minister of Foreign Affairs Marina Kaljurand.
This year, the Union of Greens and Farmers and its composing parties received EUR 183,755 in donations, which is significantly more than what other parliamentary parties received together, according to information provided to LETA by the Corruption Prevention and Combating Bureau.
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Linda @ 2016-06-25 22:08:12
Linda @ 2016-06-25 22:04:54
Linda @ 2016-06-25 22:02:48
Walter Burke @ 2016-06-25 19:11:23
This is total BS and utter nonsense. The vote was a referendum on sovereignty and freedom. It seems Latvians didn't really get to understand that concept. First they were serving the Germans, then the Communists, and now the EU masters operating out of Brussels... And btw, barking at Russia for personal gain is also not in your country's best interest. And while we in the U.S. and UK can afford it without breaking a sweat, you can't.
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