Lithuania is a whistleblower in the probe the European Commission has launched in the Russian gas giant Gazprom, reports Euractiv.
According to the Lithuanian Prime Minister Andrius Kubilius, reports on antitrust investigations only confirm the matters which the country has already repeatedly spotlighted.
“We can only reaffirm that Lithuania addressed the EC Competition Directorate back in the spring of 2011,” he says.
Besides, the Lithuanian government has already issued an official statement, welcoming the EK’s move.
The commission raises concern that the company may have been abusing its dominant position in central and eastern European gas supply markets. It has named eight countries as the “victims” – Poland, The Czech Republic, Slovakia, Hungary, Bulgaria, Estonia, Latvia and Lithuania.
But the list could be expanded if new elements come to the surface, officials say.
The probe is said to focus on suspicions that the company has been preventing free flow of gas across the EU, interfering with supply diversification.
The EC thinks this that linking the price of gas to oil prices could have led to imposing unfair prices on customers.
Asked whether the probe applies to some specific pipeline projects aimed at bringing gas from sources other than Russia, ES authorities say:
“We look at conditions, applied by Gazprom, which may impede the diversification of sources of supply, that relate to the use of infrastructure, and that could encompass existing or future infrastructure. This is not related to one specific project.”
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The Latvian Prime Minister is convinced that there is no need to restore wages to pre-crisis level, because pre-crisis wages were not sustainable.
Although Prime Minister Pert Nečas will step down, police in the Czech Republic has detained members of the state's political elite. The affair seems to have reached also into the family life of the Czech head of government.
The global coffee prices are falling. Latvia, however, is not experiencing anything of the sort. This is mainly due to the excise tax. Experts believe this situation was made possible because the current supply of coffee in the world exceeds the total demand.
The number of refugees and asylum seekers in the worlds is at its peak since 1994. The crisis in Syria plays a large role in this, as stated in the UNHCR report on global forced displacement.
Last year, 110 children were adopted in Latvia. 144 children were adopted by foreigners. There are currently 99 potential adopters waiting for approval in Latvia.
Leaders of the G8 countries have agreed to abolish the practice of paying terrorists ransom money for hostages, as reported by the British Prime Minister David Cameron.
Melna kafija (Black coffee) producer has decided to invest LVL 30 000 in the creation of a new brand in order to strengthen its position on the market. The new Melnā coffee brand is called to increase the retail market share in the Baltics and export markets – Russia, Denmark, Finland and Belarus.
The decision of the Finance and Capital Market Commission (FCMC) to revoke the licenses of Balva Insurance Company will change the market. This will increase competition among other insurance companies, as Ergo Baltic Board member Ingrida Kirse told BNN.
The world's leading plane manufacturers Airbus and Boeing have received many orders at the Le Bourget air show near Paris. Demand for fuel-efficient long-haul planes indicates that airlines are willing to invest in modern airplanes.
Latvian Finance Minister Andris Vilks has appointed the Deputy State Secretary Baiba Bane as the ministry's representative in the Board of Riga Free port.
The rapid economic growth of 2011 and 2012 contributed to the rise of income of Latvian households. However, it was not equal in all of the regions. Inequality remains. In addition to that, last year's general income increased the slowest in less developed regions.
The Corruption Prevention and Combating Bureau (CPCB) has submitted a request to the Prosecutor General's Office to initiate criminal proceedings against nine officials for possible criminal activities in relation to contracts of the Road Administration.
Preliminary consolidated sales figures of OlainFarm for May show that sales have reached LVL 3.38 million (EUR 4.8 million), which is 7% more than a year ago. The biggest sales increases were achieved in Kyrgyzstan (growth by 152%), Uzbekistan (growth by 111%) and Georgia (growth by 108%).
Due to the neglect of its owners, one of the oldest Art Nouveau buildings in Riga is falling apart. It was built in 1899. Its architect is Rudolf Heinrich Von Zirwitz. The building situation on Vilandes Street 11 in Riga is a national architectural and cultural landmark.
Bergvik Skog plans to sell a little more than 2 000 ha of agricultural land in Latvia.
The blast, believed to have been performed by a suicide bomber, comes on the day when NATO is expected to formally hand over command of security responsibilities to Afghan forces.
According to Latvian Transport Minister Anrijs Matiss, negotiations with two potential investors are currently being held in regard to Latvia's National airBaltic airline.
The embassy of Ecuador in London will continue to offer asylum for the founder of WikiLeaks Julian Assange, as the country's Foreign Minister Ricardo Patiño. He announced this after his discussion with the British government, where no progress regarding Assange was made.
During the June 17 meeting of the Saeima Praesidium, the parliament's budget for 2014-2016 was confirmed. The parliament does not plan to increase expenses for current activities, rather divide the funding for two main budget goals – LVL 255 thousand for Latvia's presidency over the Council of the European Union and LVL 2.76 million for the reconstruction of the main building on Jekaba Street 6/8.
Deputy Chairman of Riga Free port Eriks Skapars has submitted his resignation to Latvian Finance Minister Andris Vilks for the recent working visit to Kazakhstan.
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Ivan @ 2013-06-19 11:58:55
Ilmars @ 2013-06-16 14:07:28
What sanctions are there against businesses that dont use the correct BL exchange rate ? None. "voluntary obligation" should be correctly interpreted as meaning "no obligation". As happened in other euro countries , Latvian consumers can expect to be robbed during the introduction of the euro.
JPR @ 2013-06-15 15:01:35
JPR @ 2013-06-15 15:01:06
JPR @ 2013-06-15 14:58:47