Search Results for: Latvia

BY KEITH NUTHALL

NEW competitors for shipping gas to the European Union (EU) from the Caucasus are emerging, while Turkmenistan has announced a major new gas find. The Turkmen government is claiming guaranteed gas supplies to Europe, by quadrupling exports over the next 20 years, after unveiling a major new gas field.…

BY KEITH NUTHALL

THE EXTENT of the European Commission’s ignorance about energy agreements struck by European Union (EU) member states with non-member countries has been revealed in a background memorandum. It explains a proposal on making such deals more transparent.

Brussels proposed last month that it should be informed, even about negotiations preparing for bilateral energy agreements involving EU governments.…

BY KEITH NUTHALL

LIP-GLOSS shaped as cupcakes have been removed from sale in Latvia, because of their potential choking hazard, European Union (EU) consumer safety network RAPEX has reported. The Taiwan-made ‘Natural Products’ line included lip-gloss cupcakes with chocolate, cherry, raspberry and strawberry scents.…

BY MONIKA HANLEY, ZLATKO ?ONKA?, CRISTINA MUNTEAN, KEITH NUTHALL

CAR prices in eastern and central Europe tumbled during the recession, significantly faster than in western Europe according to the latest data, impeding attempts to create a unified auto market that spans Europe.…

BY ALAN OSBORN

THE PROCESS of ‘unbundling’ in the European Union (EU) gas industry as called for under the EU’s third energy package, notably the gas directive 2009/73/EC, adopted in 2009, has come to a bit of a standstill. This will not last.…

BY MONIKA HANLEY

OFTEN lumped together, the three Baltic States (Lithuania, Estonia and Latvia) vary greatly in their anti-money laundering standards and risks and banking competencies. Estonia has a well-regarded financial centre with one of the most advanced and transparent banking systems of the newer European Union (EU) member states as well as newly adopted anti-money laundering laws, something the other two Baltic States cannot boast.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) is helping the USA deal with the massive BP oil spill in the Gulf of Mexico. Coordinated by the EU emergency response group, the Monitoring and Information Centre (MIC), the EU will send oil skimmers and oil spill experts.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) may be legally a single market, food prices range widely across its 27 member states. The most recent survey of 500 comparable products by Eurostat, the EU’s statistical agency, shows last year (2009) the price of a comparable basket of food and non-alcoholic beverages was more than twice as high in the most expensive EU country than the cheapest.…

BY GERARD O’DWYER

IF there is one region where high standards in fighting money laundering and terrorist finance are expected, it is surely the five Nordic states: Norway, Sweden, Denmark, Finland and Iceland. Notwithstanding the criticism leveled at Iceland’s financial regulators during the credit crunch, all five countries have admirable traditions of public openness, government efficiency and international cooperation, especially amongst themselves.…

BY MONIKA HANLEY

THE BALTIC States and their eastern neighbours have long been viewed as a cheap supply of labour and goods to the rich countries within the European Union (EU), but now local companies and governments are looking to expand biofuel production to satisfy both growing domestic and export demand.…