The Baltics Today

EU fiscal compact ready to be signed

The new Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was finalised by all EU member states with the exception of the United Kingdom and the Czech Republic on 2 February, 2012. It is expected to be signed by March 2012.

For a small Estonia on the periphery with Russia, being a member of the European core is very valuable

A little more than a year ago, Estonia adopted the euro – at a time when the Greek crisis, and the Irish, Spanish, Portuguese, and Italian crises, were exposing the common currency’s weaknesses. Today, Estonia's economy is the fastest-growing in the currency bloc, consumers and businesses are pay...

Ventspils Port cargo turnover increased by 61% in January

In January 2012, Ventspils Port handled slightly more than three million tons of cargo, which is 1.1 million tons or 61% more than in January 2011, as the port's spokesperson Inga Ievina informed LETA.

Estonian Air carries 14.7% more passengers in January

In January 2012 Estonia-based airline Estonian Air carried 42,657 passengers, which was 14.7% more than a year ago, Estonian Air reports in a statement.

Breast implants scandal to see tougher EU legislation on plastic surgery

The European commission aims to strengthen oversight of companies that certify medical devices following a breast implant scandal thought to have affected at least 400,000 women worldwide.

Godmanis: talks on reduction of EU multi-annual budget under way

The talks on the reduction of the European Union's multi-annual budget for 2014-2020 started at the end of January 2012 and are currently in progress, European Parliament Member Ivars Godmanis pointed out during today's session of the Saeima European Affairs Committee.