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With Lithuania running short of money, politicians eye new taxes. As Lithuanian politicians look for ways to raise revenue for the state budget, LRT.lt has learned that a higher value added tax (VAT), a more progressive personal income tax and an annual vehicle pollution tax were discussed at a meeting of the

As Lithuanian politicians look for ways to raise revenue for the state budget, LRT.lt has learned that a higher value added tax (VAT), a more progressive personal income tax and an annual vehicle pollution tax were discussed at a meeting of the...

Balticnews
Housing crisis – The EU now needs effective measures and practical solutions to make housing affordable. At a high-level conference co-organised with Eurofound, the EESC highlighted the need for coordinated solutions to Europe’s housing issues, which have become one of today’s most pressing social and economic challenges. The European Economic and

At a high-level conference co-organised with Eurofound, the EESC highlighted the need for coordinated solutions to Europe’s housing issues, which have become one of today’s most pressing social and economic challenges. The European Economic and...

Balticnews
Vodafone cuts 2,300 jobs in Germany, slashing workforce by some 20%. Telecommunications group Vodafone is implementing a far-reaching cost-cutting and restructuring programme in Germany, with over 2,000 jobs set to go. Marcel de Groot, head of Vodafone Germany, told staff on Monday that about 2,300 jobs are to be cut

Telecommunications group Vodafone is implementing a far-reaching cost-cutting and restructuring programme in Germany, with over 2,000 jobs set to go. Marcel de Groot, head of Vodafone Germany, told staff on Monday that about 2,300 jobs are to be cut

Balticnews
Initial public consultations for the ELWIND offshore wind park have concluded. Focus on the impact on the Baltic Sea and benefits for the coast. From 4 to 6 November, initial public consultation meetings for ELWIND, the joint Latvian-Estonian offshore wind energy project, were held in Ventspils, Pāvilosta and Ziras. The meetings brought together around 170 residents, municipal

From 4 to 6 November, initial public consultation meetings for ELWIND, the joint Latvian-Estonian offshore wind energy project, were held in Ventspils, Pāvilosta and Ziras. The meetings brought together around 170 residents, municipal

Balticnews
Signet Bank Provides EUR 9.1 Million in Financing for the Development of the Jūrmala Hybrid Energy Park. Signet Bank, a leading corporate finance bank providing lending, capital raising, and asset management services to Latvian entrepreneurs and companies, has provided EUR 9.1 million in financing to SIA Jūrmalas SES for the development of a renewable

Signet Bank, a leading corporate finance bank providing lending, capital raising, and asset management services to Latvian entrepreneurs and companies, has provided EUR 9.1 million in financing to SIA Jūrmalas SES for the development of a renewable

Balticnews
Ukrainian self-propelled howitzers to be produced in Poland. Polish companies are collaborating on the production of special-purpose vehicles for the armed forces, preparing to launch the manufacture of modern 155 mm wheeled self-propelled howitzers. PK MIL, a company from the PONAR Wadowice group, and

Polish companies are collaborating on the production of special-purpose vehicles for the armed forces, preparing to launch the manufacture of modern 155 mm wheeled self-propelled howitzers. PK MIL, a company from the PONAR Wadowice group, and

Balticnews
LMT Defence and Thales Italia join forces to advance counter-drone technologies. LMT Defence and Thales Italia have signed a Memorandum of Understanding (MoU) to deepen cooperation in defence technology development, with a particular focus on exploring the role of mobile communications technologies and infrastructure in drone

LMT Defence and Thales Italia have signed a Memorandum of Understanding (MoU) to deepen cooperation in defence technology development, with a particular focus on exploring the role of mobile communications technologies and infrastructure in drone

Balticnews
Ukraine faces locomotive shortage, but there is a way to help. A significant proportion of the locomotives used for freight transport in the European Union were manufactured in Eastern Europe. In the case of these machines, it is relatively easy to replace their wheelsets and adapt them for operation on

A significant proportion of the locomotives used for freight transport in the European Union were manufactured in Eastern Europe. In the case of these machines, it is relatively easy to replace their wheelsets and adapt them for operation on

Balticnews

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