Posts published in Day: January 4, 2020

Washington does not understand consequences of Soleimani’s killing

By Jonas Dringelis on Saturday, January 4, 2020

The Pentagon confirmed on Thursday that Trump had ordered the attack that killed Soleimani and other military officials at Baghdad International Airport in Iraq. Iran’s top “shadow commander” was responsible for the deaths of hundreds of American and coalition service members and the wounding of thousands more, the State Department said. By ordering the airstrike that killed Iranian Gen. Qassem Soleimani, President Trump has demonstrated to Iran’s leaders that he…

Lithuania introduces minimum salary and tax changes for 2020

Saturday, January 4, 2020

Employers and employees in Lithuania will need to adapt to an increase in the minimum wage and in income tax in the New Year. The New Year will bring changes to all employers and employees in Lithuania. Minimum wage Firstly, the minimum gross monthly salary will rise from EUR 555 to 607, which corresponds to a 9.4% increase. In turn, the hourly wage will increase from EUR 3.39 to 3.72.…

Lithuanian port ‘ready’ to assist Belarus in Minsk-Moscow oil row

Saturday, January 4, 2020

Minsk has recently hinted at importing oil via Baltic ports due to the complicated negotiations with Moscow over tariffs. Lithuanian state-owned railways and the port say they are ready to assist. Lithuanian Railways and the Klaipėda port say they are keeping constant contacts with Belarus on the possibility to transport oil via Klaipėda. Talks have already taken place before the latest conflict on oil imports between Moscow and Minsk erupted,…

Turkey drops block on defence plan for Baltic states and Poland. Warsaw hits with sanctions

Saturday, January 4, 2020

Talking at the final press conference during the NATO summit in London NATO Secretary-General Jens Stoltenberg touted the meeting with Turkish President Recep Tayyip Erdoğan as a great success. “The important thing now is that all Allies agree on the new… not the new, but to the updated, revised defence plans for the Baltic countries and Poland. And it just shows that we are able to deliver on substance. We…

Lithuania supplies Finland with gas, helping end Russian monopoly

Saturday, January 4, 2020

Lithuania’s state-controlled gas operator Ignitis became one of the first players in the Finnish gas market, which was liberalised in 2020 to comply with EU regulations end the dependence on Russian supplies. “We will not have the monopoly of Russians,” Chief Engineer at the Finnish Economy and Ministry Jorma Aurela told reporters in October 2019, adding that the country will be connected to the EU gas market via the new…

Latvian industrial production figures a mixed bag in November

Saturday, January 4, 2020

The largest output drop was in medium-high technology manufacturing sectors: manufacture of machinery and equipment (of 18.5 %), manufacture of motor vehicles, trailers and semi-trailers (of 15.7 %) and manufacture of electrical equipment (of 1.3 %). Compared to November 2018, in November 2019 manufacturing turnover decreased by 1.3 % (according to calendar adjusted data at current prices). A turnover decrease was recorded in exports – of 3.2 % (reduction in euro area – of 2.7 %…

Latvia: Business register info to be available free of charge

Saturday, January 4, 2020

All information is already available in test mode at info.ur.gov.lv, and the site will be fully operational from next week, January 7, when amendments to the Law on the Enterprise Register of the Republic of Latvia come into force, stipulating that information at the Register of Enterprises must be publicly available free of charge. The Register of Enterprises has invested around EUR 500,000 in development of the site. The opening…

Three for the weekend in Latvia: history, lights and crafts

Saturday, January 4, 2020

While there are several commemorative events celebrating 100 years of the  Latgale Independence Battles  , it’s also been 103 years since the  Christmas Battles  . They’re significant not just to Latvian, but to European history as a whole. The 30 km front line stretched from Tīreļpurvs to Olaine and it was the first time Latvian national military units fought joined together in one division. Join the  front line hike  …