Posts tagged as benefit

Offshore wind may connect the Baltic states and benefit Poland

By Patrycja Rapacka on Saturday, August 1, 2020

Today the majority of the Baltic states believe offshore wind is one of the pillars of energy transition. Regional cooperation with other countries on the Baltic coast, including Poland, may accelerate energy transition. This is also an opportunity for Polish industry – writes Patrycja Rapacka, editor at BiznesAlert.pl. Lithuania Our eastern neighbors are planning to increase renewable energy sources (RES) in energy generation and limit its import by developing, among…

Baltic states’ small businesses to benefit from 10 million euro funding pot

Thursday, February 20, 2020

Latvia’s European Union Commissioner, Valdis Dombrovskis, on February 20 announced a new initiative aimed at stimulating small business financing in the Baltic States. Non-bank business lender Noviti Finance, and the European Investment Fund (EIF), have signed a cooperation agreement to give micro businesses and farmers better access to funding of up to €25,000. The guarantee is funded by the Employment and Social Innovation (EaSI) programme of the European Union and is backed…

New child benefit scenario in Lithuania: 60 and 100 euros all year

Thursday, December 12, 2019

The ruling parties in Lithuania are once again changing its plan on child benefit payments for the net year. Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, told journalists on Thursday the coalition council had agreed to set the child benefit at 60 euros as of Jan 1, and 100 euros for large families. “And that will remain the whole year,” he said. The government now proposes…

Equal treatment of farmers would benefit economy and promote solidarity – Levits

Wednesday, September 18, 2019

On September 17, Latvian President Egils Levits met with Chair of the Saeima Economic, Agricultural, Environmental and Regional Policy Committee, Janis Vitenbergs, at the Riga Castle, LETA learned from the President’s Chancellery. During the meeting, President Levits and Chair Vitenbergs discussed solutions to problems in the construction sector and agreed that an industry-wide audit and bigger clarity is needed. Ministry of Economics, Competition Board, Procurement Monitoring Bureau and Corruption Prevention…

Official must be able to publicly discuss state’s problems

Thursday, July 25, 2019

Minister of Finance Martin Helme (EKRE) posted a message on social media on Wednesday criticizing Ministry of Foreign Affairs Undersecretary for European Affairs Matti Maasikas, who had expressed concerns regarding the direction of Estonia’s foreign policy. Prime Minister Jüri Ratas (Centre) in turn wrote another message on social media himself in defense of Estonia’s officials. In his post on Wednesday afternoon, Martin Helme, deputy chairman of the Conservative People’s Party…

Lithuania successfully cooperates with Poland’s Orlen, Nauseda says

Wednesday, July 17, 2019

Vilnius successfully cooperates with Poland’s largest oil company Orlen after resolving disputes with Warsaw over Orlen’s investment in Lithuania, Lithuanian President Gitanas Nauseda said on Tuesday. “I am glad the disagreements we had in the past have completely gone today, they are obsolete, and today we have great cooperation with PKN Orlen,” Nauseda told a joint press conference with his Polish counterpart Andrzej Duda in Warsaw on Tuesday. The disagreements…

AI to be Used at Special Olympics For First Time at World Games Abu Dhabi 2019

Friday, March 8, 2019

For the first time, artificial intelligence will be used at the upcoming Special Olympics World Games Abu Dhabi 2019, to guarantee its organisational success. The latest technology will be used during the event, including the use of AI, machine learning and the internet, Dr. Yousef Al Hammadi, CEO of AI at Abu Dhabi 2019 said in an interview with the Emirates news Agency WAM. According to Dr. Yousef Al Hammadi, these technologies at the Special Olympics World Games…