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Author Archives: admin

Lithuania: gas price cap should not be electricity subsidy to third countries

LithuaniaBy admin2022-10-24Leave a comment

If the European Union decides on a gas prices cap, it is important to avoid third countries benefiting from cheaper gas-generated electricity, says Marius Vascega, head of the European Commission Representation in Lithuania. “There are all sorts of additional nuances that we all need to work on. For example, whether we do not actually subsidise…

Poland: budget-revenue drop expected in coming months

PolandBy admin2022-10-24Leave a comment

The Polish budget closed September with a PLN 27.5-billion (EUR 5.8 billion) surplus, but the results are expected to drop considerably in the months to come, the Finance Ministry reports. Lukasz Czernicki, the ministry’s chief economist, said that at about PLN 38 billion (EUR 8 billion), September’s budget revenue was about PLN 2 billion (EUR…

Lithuania: anti-aircraft missiles to be bought from Sweden

LithuaniaBy admin2022-10-24Leave a comment

Lithuania is buying missiles for anti-aircraft system from a Swedish company in a deal worth 45 million euro, the Defence Ministry reports. The contract signed between the Defence Ministry’s Defence Materiel Agency and SAAB Dynamics AB concerns acquisition of Bolide- and MK2-type guided missiles for short-range anti-aircraft systems RBS-70. According to the ministry, the missiles…

Georgia: authorities discuss cooperation prospects with Wizz Air

GeorgiaBy admin2022-10-24Leave a comment

Georgian economy minister Levan Davitashvili and Tamar Archuadze, the general director of the United Airports of Georgia, met with Jozsef Varadi, the general director of Hungarian budget airline Wizz Air, in Tbilisi to discuss future cooperation, the Ministry of Economy announced. Varadi flew to Georgia from Bulgaria as part of his business trip that was…

Lithuania: president hails EU gas price cap discussions

LithuaniaBy admin2022-10-24Leave a comment

European Union (EU) leaders in Brussels have made progress in their discussions on measures to tackle the energy price crisis, with the chances of reaching an agreement on gas price caps increasing. However, no tangible decisions have been made yet, with the European Council instructing the European Commission to draw up concrete proposals and present…

Poland: PM not to fight inflation by boosting unemployment

PolandBy admin2022-10-24Leave a comment

The government will not fight inflation by raising unemployment, Mateusz Morawiecki, the Polish prime minister, said in an October 21 interview for the Dziennik Gazeta Prawna (DGP) daily newspaper. Morawiecki thus responded to DGP’s query whether the government should not tighten its fiscal policy to back the Polish central bank, the Monetary Policy Council of…

Lithuania: government allocates over EUR 80,000 for Ukrainian athletes

LithuaniaBy admin2022-10-24Leave a comment

Lithuania’s Ministry of Education, Science and Sport has allocated funding for Ukrainian athletes who have moved to Lithuania. Funds will be disbursed via Lithuanian sport federations. In total, 81,500 euros have been distributed to the federations representing seven sports. The largest amounts – 20,000 euros and 19,000 euros, respectively – were allocated to the Lithuanian…

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