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Estonia rues EU energy trades, mulls nuclear

Estonia rues EU energy trades, mulls nuclear

The EU’s CO2 trading mechanism is a“roller-coaster” and fixed-price contracts would stabilise the situation and offer better conditions to electricity sellers, Estonia’s Prime Minister Kaja Kallas told Parliament on Tuesday. Soaring energy prices in the Baltic country have sparked debate inside the progressive Estonian governing

Poland calls out to 'Fit for 55' opponents

Poland calls out to 'Fit for 55' opponents

Poland’s right-wing government intends to ally with countries who also oppose the EU’s ‘Fit for 55’ climate package, government spokesperson Piotr Muller said on Tuesday, Polish state broadcaster TVP reports. “We are building a coalition of countries that oppose some of these solutions as they shift the

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Poland balks at cost of EU's green target

Poland balks at cost of EU's green target

The “Fit for 55” plan to further slash CO2 emissions may cost Poland around EUR 190 billion, according to analysts at the state-owned Polish bank Pekao. The EU’s original target had been to cut reduce greenhouse gas emissions by 40% by the end of the decade, compared to

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Austria delays mandatory vaccine scheme

Austria delays mandatory vaccine scheme

Austria will delay its controversial mandatory vaccination programme by two months until April for technical reasons, electronic health record office ELGA GmbH, which is overseeing the process, announced Friday. The news came as scepticism rose in Austria’s epidemiological and academic communities regarding the programme.  Karl Stoger, a member of

Baltic business startups: helping clients to work smart, manage teams, and fight fraud

Baltic business startups: helping clients to work smart, manage teams, and fight fraud

Business services and products including fintech are the key field for startups in the Baltics. Fighting fraud, data visualizations and effective work tools. Startups offering business services from the Baltic countries of Estonia, Latvia and Lithuania, (combined population circa 6.2 million) now number the thousands. As well as fintech,

Taiwan to invest USD 200m in Lithuania

Taiwan to invest USD 200m in Lithuania

2 min read Lithuania, China, Taiwan

Taiwan will set up a USD 200 million investment fund for Lithuania to offset economic pressure from China, it announced Thursday. Taiwan’s Deputy Foreign Minister Tseng Wen-Sheng said “Taiwan & Lithuania are like-minded partners bound by an unshakeable belief in freedom and democracy. We’ll overcome China‘

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