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Tuesday 11.12.2018 | Name days: Valdis, Voldemārs, Valdemārs

Lithuania sets off alarm bells over quality of international brands' foods

What Lithuania‘s State Food and Veterinary service announced last Tuesday was big news in Lithuania, but not so of a discovery to the majority of Eastern European consumers - food of international brands sold in Western Europe and in Eastern Europe, and Lithuania, are not just the same.

Ozoliņš: transit and logistics industries should communicate more actively

Mutual communication and information exchange among businesses working in the industry is the pre-condition for improvement of Latvia’s transit industry, said Transport Ministry’s state secretary Kaspars Ozoliņš at a meeting of the Logistics Council.

Nordea and DNB merge to officially happen on 1 October

In accordance with the recent decision of the European Commission to approve the plans of Nordea and DNB Bank to merge their activities in Baltic States, the business deal will take place officially on 1 October 2017.

82% of Estonian households use mobile internet at home

As to the choice of internet connection in Estonia, 82% of Estonian households use mobile internet at home, Estonian statisticians have estimated.

Mass Ryanair cancellations expected

Irish airline Ryanair has warned that due to an internal planning problem up to 400 000 flights could be cancelled in the European Union.

Greece to lift wine tax due to low revenue

The government of Greece plans to submit draft amendments to lift the country’s year-old excise tax on wine, Greek Minister for Agricultural Development and Food has stated.

European Commission approves DNB and Nordea banks’ plan to merge in Baltic States

The European Commission has approved the plan between DNB Bank and Nordea Bank to merge in Baltic States. It is planned that this transaction will be completed in Q4 2017.

Google taken to court, blamed for sex discrimination in wages

Three former female workers of Google in the U.S. have taken the internet giant to court claiming that the firm pays less to women than men for similar work and qualifications.

Russia criticises U.S. over Kaspersky Lab software ban

Russian government has stated that the decision by the U.S. federal government to prohibit the use of the popular computer security software adversely affects fair competition.

FCMC revokes Hanza Cooperative credit union’s license

Finance Capital and Market Commission has made the decision to revoke the license of Hanza Cooperative credit union issued on 20 April 2004.

Former head of energy pricing body deals a blow to Lithuania and President

The pendulum in 120 million euro lawsuit against Lithuania may have swiftly shifted in favour of France‘s energy giant Veolia, after Diana Korsakaitė, former chairwoman of Lithuania‘s National Commission for Energy Control and Prices, VKEKK, testified in the International Centre for Settlement of Investment Disputes in Washington DC about pressure she has felt from President Dalia Grybauskaitė.

Estonia works on attracting shipping industry with tax exceptions

Shipping-industry exceptions to the Estonian tax system are on the agenda of the Estonian government as decisions have been made on taxable base for seafarers and remote registration of ships to be available to e-residents.

Syrian refugee tried in Estonia after wife suffers severe burns

A court in Estonia has started reviewing a criminal case against a Syrian refugee accused of setting his wife on fire due to negligence.

Apple's thousand-dollar iPhone gives up last front button

U.S. computer technology firm Apple has unveiled its most expensive handset yet with an OLED screen covering whole of its front.

EU: Complete Rail Baltica would make idea of Tallinn-Helsinki tunnel viable

A complete Rail Baltica railway project is a necessary precondition for possibly receiving investment from the European Commission for the construction of an undersea tunnel between Tallinn and Helsinki, the European Commission has noted.