The post-Christmas period brings with it a flow of visitors across Finland’s eastern border. Finnish traders expect more than 400-thousand Russian visitors to visit Finland well into the New Year. Increasingly, these well-heeled visitors aren’t content to just spend their … Read More
Germany’s central bank believes nearly €7 billion-worth of the country’s old currency is still floating around, 12 years after the switch to the euro. The Bundesbank’s last check in November revealed that there were around 170 million Deutsch Mark (D-Mark) … Read More
Last weekend of November I went to Helsinki, Finland to visit some good friends of mine. I have already been to Helsinki twice before, but that was some years ago, visiting other friends that did not live in the capital. … Read More
Mobile phone manufacturers will be obliged to provide a common battery charger in order to cut cost and waste. The common charger is part of a provisional deal on radio equipment rules struck by Members of the European Parliament and the … Read More
Today we can celebrate the darkest time of the year in Estonia. The days are very short, the sun rises at 9 am and the sunset is as early as 3:20 pm. On cloudy days it feels like the sun … Read More
This Christmas, make sure you are not fooled into buying counterfeit and potentially dangerous toys. Designed to defraud and deceive, counterfeit products such as fake toys pose a threat both to European citizens and the European economy. Counterfeits’ inferior quality … Read More
At a European Council summit yesterday, Estonia’s Prime Minister Andrus Ansip said that EU states must take defense cooperation development more seriously, and increase defense spending. “Decreasing defense expenditure has a direct impact on the reaction capability of European states,” … Read More
A German criminal gang managed to trick 30,000 people out of millions of euros using a phone scam, police said on Thursday. The group, from the western state of North Rhine-Westphalia (NRW), saw their lucrative scheme come to an end … Read More
Even though the threat of an armed aggression in the region is low, it cannot be ruled out completely in the long term. Writes Ari Puheloinen, the General Commander of the Finish Defence Forces, in a new Baltic Rim Economies expert … Read More
Young, hyperactive and almost a consensus-seeker: Nils Ušakovs, mayor of the capital, embodies the complex relationship between the Latvian majority and the strong Russian minority of the country. An agent of the Kremlin. A mini-Putin. The Russian-speaking Mayor of Riga, … Read More
Lithuania’s Prime Minister Algirdas Butkevicius has declared that he started to personally control the prices and the generation of the heating and electricity energy generated by the thermal power stations, informs LETA. According to the prime minister, the amount of … Read More
The Baltic region has again received a fair share of harsh winter storms. It is common knowledge that weather plays a big role in boatman’s life and, perhaps surprisingly, winter time makes no exception. Namely, in many parts of the … Read More
The Finninsh Finance Ministry officials believe that official unemployment statistics don’t account for all jobless workers. The Finance Ministry drew attention to the phenomenon of the “invisible unemployed” in its economic outlook released today. According to Mika Kuismanen, a senior … Read More
Today Copenhagen is officially crowned the European Green Capital 2014, taking the title from Nantes, France at a handover ceremony in Brussels. The Danish capital was awarded the title following an intensive Europe-wide competition. Commissioner Potočnik said “I congratulate Copenhagen … Read More
Estonian company Adam Decolight won the right to adorn the official Christmas tree of the city of St Petersburg, LETA/Eesti Päevaleht writes. “Our solution has over 30,000 little lamp lights, in addition to that, decorations in Russian style that resemble … Read More
Recently there have been many discussions on the need to support and utilize young entrepreneurs and those involved in creative industries as an important export driver, reviver of national branding and economic growth in the countries of the Baltic Sea … Read More
A fifth of people living in Germany have foreign roots, figures released to coincide with International Migrants Day show. This is an 8.5 percent rise since 2005. There were 16.3 million people with migrant roots living in Germany in 2012, … Read More
Poland and three Baltic states voiced their alarm Monday over plans by Russia to move nuclear-capable missiles close to their borders, informs LETA/AFP. “Plans to deploy “Iskander-M” missiles in the Kaliningrad district are disturbing and Poland has said so many … Read More
A new study indicates that modern farming methods introduced after Poland adopted the EU Common Agricultural Policy have led to a rise in allergies among country dwellers. The study, which was carried out by Imperial College London, notes that “a … Read More
Compared to last year, European SMEs are becoming more resource efficient and are contributing substantially to the transition towards a low-carbon economy, according to the results of the 2013 Eurobarometer survey on “SMEs, resource efficiency and green markets” published today. … Read More
