South stream, Pietų srautas
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Europe and Russia after South Stream

The crisis in Ukraine, and in particular Russia‘s recent cancellation of the South Stream natural gas pipeline project, has had substantial ripple effects on the energy dynamics on the European continent. The Russians and Europeans both have put forth several potential replacements for the now scrapped pipeline, with Turkey likely to play a pivotal role either way. […]

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Estonia records EU’s steepest increase in labour costs

Average hourly labour costs in Latvia increased 5.4% in the third quarter of 2014, compared to the respective period in 2013 – the third steepest increase across the European Union, according to the latest data from the EU’s statistical office Eurostat, cites LETA. […]

Linas Linkevičius
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Lithuanian foreign minister calls for EU patience on Russia sanctions

Lithuanian Minister of Foreign Affairs Linas Linkevičius on Monday called on the European Union to exercise patience and consistency in relations with Russia and draw up new sanctions over the annexed Ukrainian region of Crimea. […]

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Lithuanian industrialists offer to mediate in Ukrainian-EU business cooperation

More than 20 businesspeople and representatives of business organisations are taking part in the high level Ukraine-Lithuania business mission to Brussels on 9-11 December, organised by the Lithuanian Confederation of Industrialists (LPK), the confederation said in a report. […]

Andrus Ansip
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Estonians and Finns must decide on LNG terminal fast, EC vice-president says

European Commission Vice-President of the Digital Single Market Andrus Ansip said on Friday at a conference in Tallinn that Estonia and Finland have to move forward fast with the LNG terminal project, because there is prevailing investment drought in Europe and no one is going to wait until Estonia and Finland finish deliberating different solutions, Aripaev Online reports. […]

Vladimiro Putino pranešimas šalies parlamento žemiesiems rūmams
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Putin’s message: Russia’s woes are West’s fault, not his

President Vladimir Putin gave his annual state of the nation address in the Russian parliament. Lithuanian political analyst Kęstutis Girnius summarizes Putin’s main message thus: sanctions are Western countries’ fault, not his. […]