The independent newspaper from the Baltics - for the World

Archive for the Category ‘Economy’

Polish railway company reforms wage system

Polish railway company reforms wage system

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 [...]

Ryanair blackmailing Latvia

Ryanair blackmailing Latvia

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 [...]

Latvia’s austerity policy bears fruit

Latvia’s austerity policy bears fruit

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 [...]

Stronger zloty a boon for importers

Stronger zloty a boon for importers

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 [...]

Ireland leads the way with CO2 tax

Ireland leads the way with CO2 tax

Ireland has introduced a CO2 tax.
This is proof that the battle against climate change is a top priority for the Irish government, leader of the Irish Greens John Gormley writes in the conservative newspaper The Evening Herald:
“Every euro we spend on petrol, oil, gas or coal means money leaving this island, because [...]

Sweden: State shouldn’t bail out Saab

Sweden: State shouldn’t bail out Saab

The Swedish carmaker Saab is facing the end of the road after Swedish sports car manufacturer Koenigsegg announced it was giving up its takeover plans.
The daily Svenska Dagbladet holds out little hope for the General Motors subsidiary:
“Koenigsegg gave … crisis-hit Saab hope for the future. But it’s not so surprising that the [...]

Putin calls for modernization of Russia’s economy

Putin calls for modernization of Russia’s economy

Russia’s prime minister has called for modernization programs and more responsible attitudes among the business community, to reduce the economy’s dependence on raw materials.
St. Petersburg (RIA Novosti) – Addressing the United Russia party congress in St. Petersburg on Saturday, Vladimir Putin said: “It’s time for businesses to start working differently. Unfortunately, many are used to [...]

Shops in Finland open on Sundays at last

Shops in Finland open on Sundays at last

The Finnish parliament yesterday passed legislation allowing shops to stay open on Sundays all year round.
The daily Savon Sanomat welcomes the decision, which it says was long overdue:
“In recent times there was an unclear practice that certainly left the average consumer disgruntled.
… According to the opinion polls the majority of consumers favoured the [...]

Swift end to Finnair strike

Swift end to Finnair strike

The daily Helsingin Sanomat welcomes the surprisingly quick end to the pilots’ strike at Finnish airline Finnair after employers and the strikers came to an agreement, hailing it as a success for all sides.
“Now the damage for air passengers will hopefully be kept to a minimum, even if the brief strike naturally created [...]

Hollands’ Brave New World of driving

Hollands’ Brave New World of driving

The Dutch want to abolish car tax and instead introduce a charge per kilometre.
People would then only have to pay for the number of kilometres they drive. The left-liberal daily De Volkskrant sees a Brave New World ahead for car-drivers.
 ”The kilometre charge will reduce traffic jams by 50 percent and emissions of CO2 and [...]

Advertisement

Recent Comments

  • Andrew:Hi – thanks for the post. i never know what i will come across when i scroll these blogs. But just...
  • bedievis materialistas:LOL :) The guy has no clue what he’s talkink about:) It seams like he is repeating...
  • mm:Steve, judging by how you are acting like you don’t know details of the swindling, you must be the Steve from...
  • mm:Offended. I take it you are a 2nd generation Moon follower or you would not say you have never heard of the...
  • Nemunaitis:A very good comparison would be Russia = drunken, abusive husband; Lithuania = abused wife. What...

Polls

What is the future for Kaliningrad?

View Results

Loading ... Loading ...

Publicitas JSC

Publicitas JSC

Publisher | Press Agency | Advertising