A collection of 149 posts
Following Russia’s attack on Ukraine on Thursday morning, Poland, Estonia, Latvia and Lithuania all invoked the NATO alliance’s Article 4, which obliges all 30 NATO members to hold a consultation when “the territorial integrity, political independence or security of any of the parties is threatened”. Explaining the rationale
As the stand-off between Russia and Ukraine continues, for countries within Central and Eastern Europe (CEE) it has spurred a flurry of activity, including troop movements among members of the NATO alliance to bolster their defenses. The Baltic News Network writes that Lithuania’s Ministry of Defense confirmed that a
There were almost 6.6 million female scientists and engineers in the EU in 2020, which represented a year-on-year rise of 254,500, according to a new report by Eurostat. Women now account for 41% of total employment in science and engineering, the EU official statistics office added. Among the
The Latvian Defence Ministry has revealed that 400 US troops, 100 units of military vehicles and 22 US Apache helicopters will arrive to the Baltic country by Wednesday to take part in an international military drill. Large numbers of NATO troops will also arrive into the Central and Eastern Europe
French Trade Minister Franck Riester said the EU will resolutely back Lithuania in its escalating trade war with China, on Sunday, Euractiv reported. Riester underlined that the small Baltic nation was “a victim of coercion from Beijing” after meeting his opposites numbers in Marseille. As the current holder of the
Poland is predicted to have the highest level of inflation of 6.8% in Central and Eastern Europe (CEE) – and the EU as a whole – this year, according to a new European Commission (EC) forecast. The EC’s prediction for Poland is way over the average predicted rise in the
NATO has sent troops to Lithuania, which the country’s head of state says should be permanently stationed in the Baltic country. A rotating contingent of soldiers “would be the best boost to security and deterrence that NATO could provide – not only to Lithuania, but to the whole region”, President
The European Commission (EC) unveiled legislation designed to double Europe’s share of the semiconductor industry yesterday. The so-called Chips Act addresses supply-chain shortages in the EU’s tech sector. Having assigned EUR 11 billion for the package, the EU aims to raise EUR 43 billion overall and gain a
With a EUR 1,074 minimum wage, Slovenia was the only country in Central and Eastern Europe (CEE) where a gross monthly salary of over a thousand euros was guaranteed, as of January 2022, according to new data from Eurostat. The federal minimum wage in the United States was EUR
Household consumption expenditure decreased by an unprecedented 8% in the EU year-on-year in 2020, according to a new survey by the official EU statistics agency Eurostat. However as the EU-27 registered falls in household expenditure, only four countries in Central and Eastern Europe (CEE) were below the EU average 8%
Price rises in Central and Eastern Europe (CEE) countries were mostly above the Eurozone average of 4.9% in November, as inflation surged at the highest rate for 25 years, according to the latest data of the Organisation for Economic Cooperation and Development (OECD). Lithuania had CEE’s highest year-on-year
Universities in Poland, Austria, Czechia, Slovenia and Lithuania will all run projects under the EU’s new research and innovation programme which selected recipients this week. The European Research Council (ERC) will award a total of EUR 619 million to young researchers. Poland will receive eight grants, Austria six, Czechia
Taiwan will extend a USD 1 billion credit line to Lithuania as a gesture of solidarity with the Baltic country, and to help to offset the trade embargo that China has imposed on it. The fund aims to develop Lithuania’s biotech, finance, semiconductor and satellite industries. “We recognise and
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 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‘s threat