Posts tagged as European Commission

Three for the Weekend: Researchers’ Night, chamber music, Tallinas Square fair

Friday, April 30, 2021

This weekend in Latvia is a long-awaited one, since it will last for four days instead of two due to the Independence Restoration day on May 4, which will come with events such as the film marathon , folk costume parade and concerts. Meanwhile, here are some tips to enjoy before that comes. The Researchers’ Night is an event dedicated to explaining and promoting of science achievements in Latvia, as…

AK: Tourism businesses’ state aid open to applications from Tuesday

Tuesday, March 30, 2021

Aid for the tourism sector totaling close to €10 million is available from Tuesday, ETV news show “Aktuaalne kaamera” (AK) reported Monday night. The support, channeled via state agency Enterprise Estonia, will provide direct subsidies to hotels and other accommodation businesses, restaurants and other catering outlets, and travel agents, as well as souvenir retailers and other tourism-related businesses affected directly by the ongoing coronavirus pandemic and its accompanying restrictions. As…

EU approves Estonia’s €9.9 million state aid tourism support package

Friday, March 26, 2021

The European Commission has approved Estonia’s €9.9 million aid plan for tourism companies and sectors directly affected by the coronavirus wave. The plan was approved on the basis of the temporary framework for state aid and the funds will be disbursed in the form of direct payments, according to the European Commission Representation in Estonia. Eligible for support are accommodation, travel and catering enterprises as well as stores selling craft…

EC okays state aid for Rīga Airport of nearly EUR 40 million

Tuesday, March 9, 2021

The European Commission (EC) has approved Latvia’s plan to grant State aid up to EUR 39.7 million to the Rīga International Airport, said Kaspars Kreicis, press secretary of EC representative in Latvia, March 8. The Commission has supported an increase in the core capital of Riga airport by EUR 35.2 million and a dividend on leaving EUR 4.5 million of the 2019 profit at the company’s disposal, according to the airport.…

European Commission extends Baltic rail freight corridor to North Sea Port

Thursday, February 25, 2021

The European Commission is to extend the rail freight corridor connecting the North Sea and the Baltic Sea to the Ghent-Terneuzen Canal Zone. The European Commission is to extend the rail freight corridor connecting the North Sea and the Baltic Sea to the Ghent-Terneuzen Canal Zone. The decision is a response to the North Sea Port’s (NSP) request to extend the corridor. The NSP is already a part of the…

European Commission predicts 5.6% GDP contraction for Latvia this year

Thursday, November 5, 2020

The latest economic forecasts from the European Commission predict that Latvia’s economy will shrink by 5.6% this year. While that is still a major economic hit, it is better than the eurozone average. Though the EC text talked about a “5½%” decline in GDP, accompanying data tables and comments from EC Commissioner Valdis Dombrovskis quoted a figure of 5.6%. “Latvia’s GDP is projected to decline by 5½% in 2020 with consumption…

Brussels approves ‘unprecedented’ funding for Baltic energy security

Friday, October 2, 2020

The European Commission has approved “unprecedented” funding for the Baltic states to unplug their power grids from the Moscow-controlled network, Lithuanian Energy Minister Žygimantas Vaičiūnas said on Friday. The Commission has allocated 720 million euros for the second stage of the project that will see the Baltic states synchronise their grids with those of continental Europe. Lithuania will receive 300 million euros for the project. The application filed by the…

Ministries ponder future COVID-19 restrictions in Latvia

Monday, September 28, 2020

As the COVID-19 incidence rate in Latvia increases, ministries are discussing different options of COVID-19 restrictions for the future, Latvian Radio reported September 28. For a long time, Latvia has been relaxing rules and restrictions in the fight with COVID-19, yet Latvia’s incidence rate remains one of the lowest in the world. Recently, though, the rate has been going up, and it is debated whether Latvia can afford to leave restrictions at the…

5 things to know about Brussels’ new migration plan

Monday, September 28, 2020

The European Commission’s long-awaited and oft-postponed plan to overhaul migration policy offers up a mix of toughness and togetherness. It proposes stronger measures to send home people whose asylum claims have been rejected while also insisting that all EU members must show solidarity with countries that host the bulk of new arrivals on Europe’s shores. The Commission’s move carries considerable political risk as all previous attempts to reform the policy have failed…

Lithuania may build Rail Baltica on its own, says transport minister

Thursday, September 24, 2020

Vilnius is considering building the Lithuanian section of Rail Baltica, the railway that will connect Poland and the Baltic states, on its own, according to Transport Minister Jaroslav Narkevič. Estonia, Latvia, and Lithuania have been negotiating the management model of the 5.8-billion-euro infrastructure project. that will stretch for 870 kilometers across the three countries, including 392 kilometers in Lithuania. Brussels says the project needs deeper integration as it would ensure…