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.
- Lithuania Prime Minister: Russia is blackmailing us
- Kampars: Latvia and Gazprom has shared views on constructive cooperation
- Latvijas Gāze agrees with Gazprom on 15% lower gas purchase price
- Savickis: the new contract with Gazprom can reduce gas price by 10-15%
- Gazprom pledges to delight Latvian consumers
- Gazprom offers Eesti Gaas 10 % cheaper price formula
Japanese drug manufacturer Takeda Pharmaceutical Company has announced the sale of its medication packaging plant operating in Põlva, Estonia, to Swiss drug maker Acino.
Supreme Court of Latvia has satisfied the appeal submitted by Gita Revalde in relation to the Administrative Court’s refusal to accept her plea on the decision to dismiss her from the post of rector of Ventspils University College. The Supreme Court has ordered the Administrative District Court to view the case again.
Compared to May, the level of construction costs in Latvia had increased by 0.3% in June 2016. Labour remuneration of workers increased by 0.9% and prices of building materials grew by 0.3 %, whereas maintenance and operational costs of machinery and equipment did not change significantly.
Finances accumulated in state funded pension plan continue to increase in Latvia – the volume of accumulated finances has grown by EUR 102 million in Q2 2016. With that, the overall amount of money in pension funds has exceeded EUR 2.5 billion.
A total of 384 volunteers have engaged in Estonian Defence League and its associated military organisations during the first half of 2016.
Latvia loses EUR 20 million annually because of counterfeit alcohol. Its proportion on the market of strong alcoholic drinks and wine is approximately 9%, as concluded in the report by European Union Intellectual Property Office.
Following a shoot-out, two men from a group of opposition militants, who have been holding the building of a police station in Yerevan, have surrendered to the police in Armenia.
Following a week of bloodshed in Germany, which ended with a suicide bomber wounding 15 people on July 24, the country’s federal government urged the population not to perceive all migrants as being dangerous.
It is possible that former head of the State Revenue Service’s Customs Administration Talis Kravalis, who was dismissed in spring 2015, could be reinstated in his post, notes Finance Minister Dana Reizniece-Ozola.
Delna society for openness has submitted a repeated (added) plea to the Constitutional Court on the non-compliance of the Ventspils concert hall project with environmental improvement goals.
U.S. computer device firm Apple has this week announced that the sales of its flagship handset iPhone have continued to decrease for the second quarter in a row. The U.S. tech giant sold 40.4 million iPhones in the third quarter of the year, slightly above forecasts of 40.02 million.
Education of child asylum seekers in Latvia’s primary education institutions should commence within three months of the day their parents submit their application to State Border Guard to be provided with refugee or alternative status in the country.
The new EU-US data-sending deal - the Privacy Shield, which allows companies to transfer personal data from the EU to the U.S. - will be able to be in place for at least a year, EU member state regulators have stated.
Air traffic to and from Tallinn Airport on July 26 continues amid tightened security following a bomb threat called received on Monday about plans to detonate a bomb in a flight from the Estonian capital to Germany.
Officials of State Language Centre’s Language Control Department carried out 1,592 state language use inspections in the first half-year of 2016. As a result of said inspections, 249 administrative cases were launched in relation to administrative violations.
On Tuesday, 26 July, Latvia’s Cabinet of Ministers supported the initiative to extend the term for Chief of Latvian State Police Ints Kuzis, Chief of Latvian State Border Guard Normunds Garbars and Chief of Latvian State Fire and Rescue Service Oskars Abolins.
48% of CEO in Central and Eastern Europe predict the continuation of global economy’s stagnation. 63% believe economic development of different companies is threatened by a larger number of negative factors now than it was three years ago.
Turkey currently is not ready to become a European Union member state and in case it introduces death penalty accession talks would be stopped immediately, European Commission head Jean Claude-Juncker sated on July 25.
Developers of eScan anti-virus software warn – a new form of vulnerability of Apple OS has been discovered recently. This vulnerability is similar to ‘Stagefright’ exploit found in Android OS last year.
After four children died in Lithuania from meningococcal infection in the first months of 2016, stores of vaccine against this infection ran out quickly in this country. Now Lithuanians look for vaccination options in Latvia, as reported by LNT News.
Summer-like weather will remain in most of Latvia over the course of the majority of this week. While on Sunday air temperature in Latvia did not climb above +27° C, air temperature is expected to reach +27° C…+30° C in the next couple of days.
The man, who killed himself and wounded 15 others on July 23 in German by detonating a bomb, had recorded a video expressing loyalty «Islamic state» terrorist group. The group has also claimed it had been involved in the attack.
Latvia’s government will spend this week and the next deciding on the approval of the next head of the State Revenue Service. Coalition partners plan to interview the only candidate for this post – head of the State Environmental Service Inga Kolegova.
- Calendar of cultural events in Lithuania. Klaipėda’s Sea Festival and Baltic Sail
- Week in Lithuania. Lithuanian Foreign Minister: Baltic countries fulfil their obligations to NATO
- Lithuania: municipal companies remain haven for ruling party cronies | 1
- Calendar of cultural and sports events in Lithuania. Eneos 2016 in Palanga resort
- Week in Lithuania. National Cyber Security Centre launched
- Lithuania vehemently refutes S&P report, possible Brexit aftermaths
- Calendar of cultural events in Lithuania. Butkutė in«Mice’s neon tails»
- Week in Lithuania. President urges Lithuanians in UK «to fight for rights»
- Lithuanian President blocks two much-contested laws
- Forbes: Lithuania to attract fintech firms with supportive regulator and favourable payment system
Top 5 Business news
- Latvian cancer treatment drug receives EC grant for distribution in the EU
- LMT turnover increases 13.3%
- Latvian Shipping Company announces scholarship competition for future seafarers
- Number of passengers services at Riga International Airport increases
- Lithuania: municipal companies remain haven for ruling party cronies
Top 5 Social news
- National Economy Committee to view proposal to ban land sales for foreigners
- Pabriks: Trump’s statements put at risk the safety of Baltic States
- Number of births continues to increase in Latvia; number of marriages – declines
- Vejonis: Britain will increase its support to protect Baltics
- Trump: USA may decide not to protect Baltics from Russia’s aggression
Top 5 World news
Top 5 Video
TM @ 2016-07-26 04:35:44
Linda @ 2016-07-25 22:41:08
Linda @ 2016-07-25 22:38:59
Bob @ 2016-07-22 20:35:34
Trump should be an embarrassment to all my fellow Americans. Unilaterally breaking treaties is bad foreign policy and certainly doesn't support his statements that he is strong enough to stand up against Vladimir Putin. The tragic murder of police by citizens has nothing to do with our right to criticize government repression in Turkey or elsewhere or, God forbid, a Trump administration.
josh @ 2016-07-21 17:39:15