WTO case on Lithuania attracts UK seeking to counter «coercive trading practices» by China
The case in the World Trade Organisation (WTO) brought by the EU on China’s trade influence measures against Lithuania has received support from…
Category: Business
Electricity price cap in Estonia stopped price increase in January
The consumer price index in Estonia in January 2022 compared to the last month of 2021 decreased by 0.1% and the key factor…
Cutting Facebook and Instagram to EU? Meta has warned about this
US social media company Meta has warned that efforts by EU institutions to make it store data collected on its users in the…
Court sentences Baltic Media Alliance to EUR 3.1 million fine for breaching sanctions
At the end of January Riga District Court sentenced LLC Baltic Media Alliance (BMA) co-owner Oleg Solodov and BMA Estonian branch director Margus…
Facebook parent company’s stock price drops by 26.4% in one day
In the US stock market, the parent company of Facebook has suffered a dramatic drop in its stock price value by 26.4% after…
Motorists under pressure as Estonian retailers set new petrol price record
With motor fuel prices continuing to increase in the Baltics, Estonian motorists witnessed another record in the retail price of petrol 95 on…
Lithuanian economy grew by 5.1% in 2021, according to official statistics
The data on the Lithuanian economy in 2021 summarised by Statistics Lithuania showed that the gross domestic product (GDP) of the Baltic country…
Internet giants in Germany oppose law requiring to report hate speech to police
US and Chinese social media giants Google, Meta, Twitter and TikTok have turned to a court in Germany to oppose new rules in…
Central Statistical Bureau reports improved business environment in Latvia
In January 2022, business confidence indicators were positive in retail trade and services sector, while in industry and construction, although improving, business confidence…
