Posts tagged as plan

Estonian government plans to borrow approximately €2 billion in 2021

Tuesday, March 16, 2021

The government will borrow approximately €2 billion this year and the exact figure will be known after the next financial forecast, Undersecretary of the Ministry of Finance Märten Ross said on Monday. Ross said the amount of loan money borrowed may be smaller than anticipated after the autumn forecast last year. “Then we were talking about maybe more than €2 billion in loans. Now, at the start of the year,…

Plans approved to expand Kruonis pumped storage plant, Lithuania

Thursday, February 25, 2021

Ignitis Group subsidiary Ignitis gamyba has approved plans to expand the Kruonis pumped storage plant in Lithuania and has initiated the first stage of the development – a tender for technical consultation services. A feasibility study and socioeconomic analysis of the 5th unit of Kruonis was carried out in 2020, where several possible scenarios for expansion were assessed – from modernising the current unit, to installing a new 110–225MW hydropower…

Latvian gov’t approves national COVID-19 vaccination plan

Friday, January 29, 2021

The Latvian government on Thursday approved a plan aiming at immunizing 70 percent of the country’s adult population against COVID-19 by the end of summer. The plan provides for drawing up a digital list of people voluntarily applying for vaccination, a centralized vaccination calendar and a centralized delivery and management of the vaccine supplies, as well as communication with the public. The order of prioritized social groups remains unchanged —…

Latvia develops diaspora three-year plan to encourage returns to Latvia

Friday, January 15, 2021

According to LSM, a year ago there were more than 370 thousand Latvian citizens living outside Latvia, according to data from the University of Latvia. A plan has been developed to strengthen their relationship with Latvia, Foreign Ministry said January 14. The plan was supported by the government on Thursday. Without a targeted diaspora policy, the nation will not only be smaller but also weaker and scattered, the Ministry of Foreign…

COVID-19 vaccination plan outlined by health experts

Tuesday, December 8, 2020

There are many questions about the planned anti-COVID-19 vaccination in Latvia, some of which even experts cannot yet answer. LSM asked some of these questions to State Immunization Board chair Dace Zavadska and Disease Prevention and Control Center (SPKC) epidemiologist Jurijs Perevoščikovs. Vaccination in  Latvia will be voluntary. However, one airline  has announced   they will only service vaccinated people and in the UK  it has been said   that people…

Estonia’s future transport plan

Friday, September 25, 2020

Minister of Economic Affairs and Infrastructure Taavi Aas (Center) has signed the draft transport and mobility master plan for Estonia for the next 15 years, which plans to make the transport system more sustainable and safer and pay more attention to the strategic development of mobility. The main focus of the development plan is to reduce the environmental footprint of transport vehicles and systems to contribute to the achievement of…

‘Democratic transition’ plan for Belarus proposed

Monday, September 21, 2020

Lithuanian President Gitanas Nausėda, together with the presidents of Poland and Romania, has called upon European Union to consider an assistance plan for “for a democratic Belarus”. According to the president’s office, Nausėda and his Polish and Romanian counterparts issued a joint declaration calling on EU institutions and member states to consider a package of measures “for the political, economic, and societal transition of the country”. The plan will be…

Finance Minister plans to merge regulator with Latvian central bank

Thursday, May 21, 2020

The Ministry of Finance (FM) said May 21 it has submitted a proposal to the cabinet that would place Latvia’s independent financial regulator, the Financial and Capital Markets Commission (FKTK) under the wing of the Latvian Central Bank (LB). “The addition of the FKTK to the Bank of Latvia is the logical conclusion of the overhaul of the financial sector. Synergies of information and competencies will help the assessment of risks in…

Lithuania to announce coronavirus exit plan next week

Friday, April 10, 2020

The Lithuanian government is working on a four-point plan on how to lift the quarantine restrictions, Prime Minister Saulius Skvernelis said on Friday. “I believe that we will be able to provide a preliminary outline as early as on Wednesday.” he told BNS. As part of the first stage, the Cabinet may announce a partial easing for the trade and services sector. The second stage would include outdoor cafes, sporting…

Peilāns: We plan to develop large-sized wooden construction in Latvia and around Europe

Wednesday, January 29, 2020

Māris Peilāns, the Chairman of the Board of “Ceļu būvniecības sabiedrība “IGATE”” (Road Construction Company IGATE), who also manages several other woodworking and construction companies, has met the beginning of the new year with dual feelings – satisfaction with successfully completed projects and wondering, how suspicions regarding “crimes in construction processes” in the construction of Latvian eastern border expressed by a single state authority –  Internal Security Bureau (ISB) –…