Posts published in Day: September 29, 2020

EU-wide action hopes to save the Baltic Sea

Tuesday, September 29, 2020

Stand on one of Estonia’s, Latvia’s or Lithuania’s magnificent beaches and all can appear to be well with the Baltic Sea. The truth is, however, that the Baltic is in rough shape, writes Nikola Đorđević at Emerging Europe, partners of LRT English. Eutrophication, loss of biodiversity, unsustainable fishing patterns, and marine litter as well as pressures arising from climate change, have long plagued the 377,000 square kilometre body of water.…

OSCE mission in Belarus may start in coming weeks, Macron says in Vilnius

Tuesday, September 29, 2020

French President Emmanuel Macron believes that the Organization for Security and Cooperation in Europe (OSCE) could undertake a mediation mission in Belarus in the coming weeks. “We will call upon the Organization for Security and Cooperation in Europe and, together with German Chancellor Angela Merkel and European Council President Charles Michel, we would like to urge Belarus to agree to mediation by the OSCE,” Macron said during a discussion at…

Lithuanian government to fund studies for 100 Belarusians

Tuesday, September 29, 2020

The Lithuanian government will allocate funding for 100 Belarusians to study in the country, Lithuanian Education Minister ALgirdas Monkevičius said Tuesday. “Assistance for studies in Lithuania is both specific and also symbolic assistance of our nation to the people of Belarus in this very difficult time for them,” the minister said. State funds will be used to cover the whole period of studies. Up to 100 students will be eligible…

French president receives honourary doctorate degree from Vilnius University

Tuesday, September 29, 2020

French President Emmanuel Macron, currently visiting Lithuania, has been awarded an honourary doctorate degree by Vilnius University. “Vilnius University is a guardian of Lithuania’s traditional culture and the memory of the Grand Duchy of Lithuania,” Macron said during the ceremony on Tuesday. “But it is also very modern and always future-oriented, which is reflected by international prizes your scientists regularly receive.”   “I am truly honored to receive this title…

Government endorses 2021 state budget: Pensions, R

Tuesday, September 29, 2020

The government on Tuesday agreed on the state budget for 2021 with expenditures amounting to approximately €13 billion and revenues at over €11 billion. Funding for research will increase to 1 percent of GDP and pensions will rise. Prime Minister Jüri Ratas (Center) said the purpose of the budget is to accelerate economic development, maintain healthcare and support those in need in the coronavirus crisis. Investments by the government sector…

Bank of Latvia forecast says GDP will drop by 4.7% this year

Tuesday, September 29, 2020

The Bank of Latvia has adjusted its forecasts for the development of gross domestic product (GDP) this year and next year, Uldis Rutkaste, head of the Monetary Policy Board of the Bank of Latvia said September 29. Latvia’s GDP drop will be 4.7% this year instead of the 7.5%  estimated in June  , while 2021’s forecasted GDP growth of 5.1% is less than the previously predicted 6.7%. Latvia’s GDP (seasonally adjusted data) is expected…

Retail trade turnover picked up in August

Tuesday, September 29, 2020

Calendar adjusted data (at constant prices) compiled by the Central Statistical Bureau (CSB) and released September 29 show that,   compared to August 2019, in August 2020 total retail trade turnover rose by 4.4 %. Turnover of retail trade in food products grew by 4.1 %. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 2.0 %, but turnover of retail sale of automotive fuel – by 11.3 %. As compared…

Decriminalization of soft drugs on the table at Latvian Saeima

Tuesday, September 29, 2020

Saeima is debating whether the penalties for storage and use of soft drugs should be changed and decriminalized, Latvian Radio reported September 29. In the Parliament, discussions have resumed at sub-committee level on whether more severe punishments discourage drug use. Statistics show that there is a growing number of cases where a person is repeatedly punished for drug use. For this reason, it is debated whether there is a need…

Travellers transiting Estonia exempted from self-quarantine in Lithuania

Tuesday, September 29, 2020

While Estonia has been added to Lithuania’s blacklist of coronavirus-affected countries, travellers only transiting the Baltic state, but arriving from a safe country, will not need to self-quarantine, the Health Ministry said on Tuesday. Health Minister Aurelijus Veryga updated the isolation rules on Monday. It was previously reported that the same rule applies to people travelling through Poland. In both cases, people don’t need to self-isolate in Lithuania, if they…

Estonian Central Bank: If COVID-19 regime stays same, GDP to fall 4 percent in 2020

Tuesday, September 29, 2020

The Estonian economy is expected to contract by 4 percent in 2020, to be followed by a growth of 0.2 percent in 2021, the Bank of Estonia says. This forecast assumes that any coronavirus restrictions remain less strict than they had been in spring, the bank adds, meaning there is plenty of uncertainty about the prognosis, with the contraction possibly being as low as 2 percent and as high as…