Posts published in Day: June 16, 2018

Shell interested in wider cooperation with Lithuania

Saturday, June 16, 2018

Vilnius is hosting a Lithuanian-Dutch energy forum on Friday, with 150 business representatives from the two countries are discussing new opportunities for cooperation in the areas of LNG and renewable energy. The forum was on Friday opened by President Dalia Grybauskaite and visiting King Willem-Alexander of the Netherlands. The forum’s participants include representatives of Dutch companies Shell, Gasunie and Nuon Vattenval and Lithuanian companies Klaipedos Nafta, Lietuvos Energija, Litgrid, BaltPool and Achema. According to the Lithuanian…

All 3 Baltic countries post y/y growth in Jan-Apr exports

Saturday, June 16, 2018

All three Baltic countries posted year-on-year growth in exports for the first four months of 2018, figures from the EU statistical office Eurostat showed on Friday. Lithuania’s exports increased by 6 percent in January through April from a year ago to reach 8.6 billion euros. Latvia and Estonia both registered 9 percent growth in exports, to 4.1 billion euros and 4.5 billion euros, respectively. Lithuania’s imports rose by 7 percent year-on-year…

Parliament votes for €1 billion in aid to Ukraine

Saturday, June 16, 2018

A €1 billion macro-financial loan to help Ukraine cover part of its external financing needs in 2018-2019 was approved by Parliament on Wednesday. MEPs agreed to an EU Commission proposal to provide Kiev with another package of macro-financial assistance (MFA), which is an exceptional emergency resource for EU neighbourhood countries struggling to pay their bills. They nevertheless insisted that Parliament, the Council, and the Commission issue a joint statement on…

EU budget: Making the EU fit for its role as strong global actor

Saturday, June 16, 2018

For the next long-term EU budget 2021-2027, the European Commission is proposing to increase the external action budget to €123 billion, to significantly simplify its structure, and make it much more flexible and effective to address today’s global challenges. The external action budget will be the EU’s main tool to support its partner countries in their political and economic transformations towards sustainable development, stability, consolidation of democracy, socio-economic development and…

Minister R. Karoblis invites to demonstrate unwavering transatlantic solidarity

Saturday, June 16, 2018

“The most essential goal of the upcoming NATO Summit is to make the strong transatlantic allied solidarity as apparent to the world as possible,” Minister of National Defence Raimundas Karoblis said on June 13 at a conference in Washington, US. According to Minister, the success of the NATO Summit will depend not only on what will be laid down in the documents but also on the message the allied leaders…