Monthly Archives: May 2011

Baltic States Presidents Meet with Barack Obama for Discussions in Poland

Baltic States Presidents Meet with Barack Obama for Discussions in Poland

All three Presidents of the Baltic states; Lithuania, Latvia and Estonia had the opportunity to meet and hold individual discussions with US President Barack Obama in Warsaw, Poland at a dinner on Friday. As part of his European tour President Obama attended a working dinner in Poland with the leaders of Central and Eastern...

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Lithuania Trades its Surplus Emissions Permits

Lithuania Trades its Surplus Emissions Permits

The Lithuanian government will imminently be signing four transactions with unnamed buyers to sell its unused Assigned Amount Units (AAUs) or emissions permits. This will be the first time Lithuania is able to sell its surplice AAUs and the income generated from the sale will be used for subsidies, loans and climate change investment...

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IT Specialists Estonia Needs You!

IT Specialists Estonia Needs You!

A recent study by the Estonian Information and Telecommunication Association (ITL) demonstrates that Estonia is suffering from a lack of IT specialists. ITL estimated that some 6,500 more IT graduates will be required over the next three years. Last week on 16th May 2011 Estonian company, Webmedia Group acquired Finnish company, CCC Corporation Oy...

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Opportunity Blossoms Between Latvia and Nigeria

Opportunity Blossoms Between Latvia and Nigeria

Much headway was made during a recent meeting at the Nigeria High Commission in London between Marcis Liors Skadmanis, the Chief Operations Officer of the Latvian British Chamber of Commerce (LBCC) and Bashir Musa, the Minister of Economics and Commerce of Nigeria in the UK. Nigeria is a fast developing state, the largest and...

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Lithuania Holds First Baltic Asia-Europe Foundation Meeting

Lithuania Holds First Baltic Asia-Europe Foundation Meeting

An Asia-Europe Foundation (ASEF) meeting was held in Lithuania’s capital, Vilnius on the 13th May 2011, the first ever ASEF meeting held in the Baltic states. ASEF was created in 1996 between leaders in European and Asia countries to promote communication between people and establishments globally through intellectual and cultural exchange. At this inaugural ASEF...

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Baltic Brain Child Skype Sold to Microsoft

Baltic Brain Child Skype Sold to Microsoft

Earlier this week Microsoft confirmed their acquisition of Skype for 8.5 billion dollars. Skype has had phenomenally fast rags to riches success, its story originating in Estonia. The idea was first conceived by three Estonian programmers, Ahti Heinla, Priit Kasesalu and Jaan Tallinn. The three had previously launched Kazaa software in 2001 which rapidly...

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