![]() EconomyThe total cost of the standard-gauge railroad Rail Baltic may amount to 5 billion euros instead of the initially planned cost of 3.68 billion euros, Baiba Rubesa, CEO at the project's coordinator RB Rail. Lithuania's annual decrease in industrial producer prices in August was larger than the EU average, figures from the EU statistics office Eurostat showed on Tuesday. A total of 17,800 new cars were registered in Lithuania in January through September, a rise of 22% from 14,600 registered in the same period last year. The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in August 2016, stable compared to July 2016 and down from 10.7% in August 2015. Euro-area Economic Sentiment Indicator (ESI) unexpectedly rose this September to 104.9 points from 103.5 points in August, reaching the highest level since January, the European Commission said in its statement. Lithuanian railway company and Lithuanian Transport Ministry at odds over Rail Baltica project2016-10-01, 09:55After the three Baltic states reached agreement after lengthy and complex negotiations to hold contractor tenders of the European-gauge project Rail Baltica in every individual country rather than via a joint enterprise only, Lithuania's Transport and Communications Ministry holds a different stance on the matter from that of the state-run Lietuvos Gelezinkeliai (Lithuanian Railways, LG). Lithuania's budget for 2017 is being planned with a small deficit that the European Commission is expected to approve if the country's new Labor Code and other social protection system changes are recognized as structural reforms, Finance Minister Rasa Budbergyte said. - Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT), a company operated by the state-owned energy group Lietuvos Energija (Lithuanian Energy), will next year buy some of the gas from Koch Industries, one of the US biggest corporations selling raw materials, energy, fertilizers, electronic components, etc. LDT executives did not rule out arrival of gas from the US. Lithuania's consumer confidence index was unchanged at minus 10 in September from August, data from Statistics Lithuania showed on Wednesday. The price of electricity in Nord Pool Spot's Lithuanian bidding area last week averaged 36 euros per megawatt-hour, up by 8 % from a week earlier, but down by 17 % from a year earlier. |
|
© 2013 All rights reserved to the public enterprise ‘L24plius’. |