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European Union

EU leaders agree on new climate and energy policy goals

After several hours of discussions, leaders of the European Union (EU) finally reached agreement on the climate and energy policy framework for 2030, informs LETA. […]

Riga
Uncategorized

Swedbank cuts Latvia’s economic growth forecast to 2.5 percent

Swedbank has cut Latvia‘s economic growth forecast to 2.5% in 2014, reports LETA/Nozare.lv. […]

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Uncategorized

What Latvian farmers should do with the spare milk?

Due to Russia‘s ban on import of food products, there is now overproduction of dairy products, while procurement prices for milk are falling and many Lithuanian dairy companies have terminated their contracts with Latvian dairy farms, therefore the state should provide support for not only specific companies, but also for dairy farms, experts told the business portal Nozare.lv. […]

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Latvia’s fish canneries and dairy producers most vulnerable to Russian sanctions

Latvian fish canneries and dairy companies are likely to suffer most due to Russia‘s import ban, the head of the Centre for Promotion of Agricultural Markets, informs LETA. […]

European Union

Modernizing transport: European priority

The European Commission selected a total of 106 projects that will benefit from over EUR 320 million in EU support for improving transport infrastructure across Europe. The funding will support projects announced by the Commission in 2013 and is effective through “Trans-European transport network (TEN-T) Program”; since January 2014 – the Innovation and Networks Executive Agency (INEA). […]

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Estonia faces 10-million-euro milk fine

Estonian Minister of Agriculture Ivar Padar tells the Postimees daily that Estonia is likely to face a 10 to 14-million-euro milk fine for exceeding the European dairy quota next spring, informs LETA. […]