Construction of the Rail Baltic railway route in Poland and Lithuania is slowly progressing.
Lithuania plans to finish its railway line to Latvia’s borders until 2015. Poland plans to modernize its line to Lithuania by 2020, Lithuanian Television reports.
The work to modernize the 60 km railway route from Warsaw to Sadovny will be finished within two years. 85% of the financing of this project comes from the European Union. In total, Poland is expected to modernize nearly 350 km of railway lines, so that trains would be able to travel at 160-200 km/h.
“Rail Baltic modernization requires enormous funding. There are 120 km of railway lines that need to be modernized from Sadovny to Bolostok; a new line needs to be constructed from Elka to Suwalki. This means at least several billion Zloty. We plan to have the route from Trakiszki to Sestokai to be modernized only in 2020,” – noted the Deputy Transport Affairs Minister of Poland Andrzej Massel.
“Speaking of Rail Baltic, which will connect Poland and Lithuania, we should admit – we have been lazy. Our government has great hopes for the new EU budget,” – notes journalist Jakub Kurasz of Rzeczpospolita. “We often write about this project. This greatly pressures the government. It should be said that Poland does not have a good railway infrastructure”.
Lithuania’s Rail Baltic route will be 335 km long. The first line, Mockava and Sestokai, will cost nearly 4.5 million LVL. According to the government’s plan, the railway line to Kaunas will be finished before the end of 2013.
Laima and LMT retain their last year’s positions on the Company Reputation Top – 1st and 3rd. The 2nd place is taken by Latvian Lāči company, as reported by authors of the list.
The LG G4 smartphone will become available to Latvian residents starting next week. One of the most notable features of this smartphone is the combination of F1.8 aperture lens with 16MP camera.
In Q1 2015 the average monthly gross wages and salaries accounted for EUR 785. The average wages and salaries kept increasing; however, growth rate has been slowing down. While wages and salaries grew by 7.4% in Q1 2014, in Q1 2015, on the other hand, wages increased by 6.1% or 45 euros.
Russia would need two days to occupy Baltic States, said the new Chairman NATO Military Committee, General Petr Pavel this Wednesday.
With nearly one-third of the national budget coming from the EU coffers, Lithuania basks in the European support, but when it comes to helping the old continent buffer the illegal migrants’ deluge Lithuania says «no».
This Thursday, 28 May, Saeima re-elected Ivars Bickovics in the post of Chairman of the Supreme Court of Latvia. 53 deputies voted in favour of this decision, 27 voted against and 4 deputies abstained from the vote.
This Thursday, 28 May, the Saeima supported amendments that provide stricter regulation of fast loan services, including a full prohibition to provide fast loan services at night.
After seven executives of the world football's governing body FIFA were arrested on May 27 over corruption charges, sponsors and organisations have expressed concern over how the allegations have discredited «the king of sports».
Most Saeima factions held meetings with presidential candidates on Wednesday, 27 May. However, it seems these meetings have not changed political parties’ decisions regarding presidential election plans.
This Thursday, 28 May, the Saeima will view amendments to the Consumer Rights Protection Law in the final reading. These particular amendments are meant to introduce stricter regulations over fast loans industry. This includes a complete prohibition to provide fast loan services at night.
Excise tax on alcoholic drinks should be increased starting with 1 August 2015. This is the decision made by the Saeima Budget-Finance Committee in regard to amendments to Excise Tax Law this Wednesday, 27 May.
The majority of interviewed residents in Latvia plan to travel abroad in hopes of earning money this year.
Three out of four presidential candidates – Defence Minister Raimnds Vejonis, Egils Levits and Martins Bondars – are prepared to remain in the post of President of Latvia for two consecutive terms.
Customs Police of State Revenue Service have submitted materials of a criminal case regarding criminal prosecution of a group of individuals for storage, smuggling and realization of cocaine in especially large amount.
One week prior to presidential elections politicians remain reluctant to predict which of the existing candidate could be elected President of Latvia. Nevertheless, talks continue on the political backstage regarding provision of support to the candidate nominated by the Union of Greens and Farmers Raimonds Vejonis.
23 percent of Latvian workers plan to work abroad this year, which is the highest percentage of aspiring guest workers among the Baltic states' workforces, according to an opinion poll carried out by a recruitment company.
Police in Switzerland has arrested a number of executives of the world's football governing body FIFA over corruption charges. The arrests have taken place days before the organisation that comprises 209 national football associations votes for its next president.
Looking at presidential candidates, ex-President of Latvia Vaira Vike-Freiberga admits that all of them are capable. With that, the question is which one of them is the most politically adequate for Latvia’s current political situation, as reported by lsm.lv.
This Tuesday, 26 May, Latvian Cabinet of Ministers reviewed a report regarding Latvia’s membership in NATO and agreed that it is necessary to request constant NATO military presence in Latvia, said Prime Minister Laimdota Straujuma.
In total, Latvia’s GDP growth could reach 2.1% in 2015. Inflation growth is expected at 0.4%, Latvian Finance Ministry predicts.
Official presidential candidates Egils Levits and Martins Bondars plan to focus a lot on Latvia’s foreign and internal policy.
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Linda @ 2015-05-27 23:00:14
J. @ 2015-05-24 16:15:53
Although I'm happy the state tries to make life easier for families with many children, I don't think this is the way to go. This complicates the tax system and makes reporting more bureaucratic. I'd prioritize removing VAT on heating and food. Imagine how much a large family spends on food. Removing this VAT would really be beneficial.
Pharmk294 @ 2015-05-24 13:08:52