Belarusian President Alexander Lukashenko has approved a new plan to develop the country’s gambling industry in a bid to take advantage of Russian gaming restrictions, a Russian daily said on Wednesday.
The new plan, which was approved on Tuesday, includes creating a monitoring center that will keep close track of casinos and other gaming venues [...]
In reaction to the economic crisis the state-owned freight transport company PKP Cargo plans to couple the wages of its employees to its profits.
This is a first step towards breaking with the obsolete structures of the communist era, writes the conservative daily Dziennik Gazeta Prawna:
“We must wait for this to change the Polish [...]
Although Finland does not border on the Arctic Ocean it is a member of the Arctic Council, and for that reason it must develop its own strategy for the region, writes the daily Keskisuomalainen:
“The melting of the Arctic ice crust could make the natural resources of the ocean accessible, as well as the [...]
Russian Prime Minister Vladimir Putin has proposed increasing natural gas deliveries to Lithuania.
HELSINKI (RIA Novosti) – ”We are ready to consider all [gas] demands on good terms,” Putin told Lithuanian President Dalia Grybauskaite on the sidelines of the Baltic Sea Action Summit (BSAS) in Helsinki on Wednesday.
“We have grounds to believe that Lithuania’s natural gas [...]
The Irish budget airline Ryanair has announced it will invest 140 million US dollars in a new hub in the Lithuanian city of Kaunas instead of in the Latvian capital Riga.
The Internet paper Diena adds its voice to the expressions of disapproval in Latvia:
“Former transportation minister Ainārs Šlesers has gone so far as [...]
Whereas at the height of the economic crisis Latvia came very close to going bankrupt, the state’s finances are now gradually recovering.
The Internet newspaper Cita Diena breathes a sigh of relief:
“Other countries are now looking to Latvia as an example of how a budget may be consolidated even in times of crisis. Last [...]
On Monday, the Polish złoty gained over the euro again, becoming the strongest currency in Central Eastern Europe. The conservative daily paper Rzeczpospolita analyses the effects on the Polish economy:
“Today, clearly, importers are rubbing their hands, as are those who pay off their debts in foreign currency. But exporters are looking less optimistically at [...]
Estonia has long been debating about whether to build a nuclear power plant in order to ensure its independence in energy policy.
The daily paper Postimees sees this as a necessary step:
“At least given today’s technology, a higher percentage of wind power would be too expensive for the taxpayer. This is because wind cannot be [...]
Germany and several other European nations are planning to build a billion-euro renewable energy network spanning the North Sea, a national daily reported Tuesday.
Berlin — According to the Suddeutsche Zeitung, the project will link German and British offshore wind farms, Norwegian hydroelectric plants, and Belgian and Danish tidal power stations with undersea cables to [...]
Germany issued permission on Monday for the construction of Russia’s Nord Stream gas pipeline in its exclusive economic zone.
The permission was issued by Germany’s Federal Maritime and Hydrographic Agency in Hamburg. Earlier, Germany permitted the construction of the Nord Stream gas pipeline in its territorial wasters.
Nord Stream AG, the project operator, has already received [...]
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