Seven months with new currency, Latvians are still getting used to the euro
Monday, July 21, 2014
On 1 January this year, Latvians switched from lats and santimus, that had been the national currency for the last 20 years, to euro banknotes and cents. DELFI interviewed a couple of traders in a local market at Ventspils and asked how they were getting used to the new currency.
Lithuania and the other states of the Baltic Sea region should sign a memorandum of understanding in June on synchronization of the Baltic states with continental Europe via Poland. The document should give an impetus to the preparations for synchronized work of the networks.
Latvian Deputy Prime Minister and Economics Minister Arvils Aseradens is to meet with the Lithuanian energy and economy ministers to discuss the countries' key energy projects and efforts to restrict imports from the Astravyets nuclear power plant under construction in Belarus, and to visit the Klaipėda liquefied natural gas (LNG) terminal.
There is a consensus among member countries of the Baltic Energy Market Interconnection Plan (BEMIP) that the Baltic power grids have to be synchronized with the Western European system via Poland, but details, such as the need for a second LitPol Link, remain to be worked out.
Border guards of Kalvarija, southwestern Lithuania, have detained a Latvian citizen transporting to Western Europe a Syrian father and son who had applied for asylum in Latvia. The driver faces criminal charges, while the Syrian citizens will be sent back to Latvia.
Lithuania's State Security Department (VSD) has warned that Russia's protectionist policies and aims to restrict cargo flows harm Lithuania's transport business and energy and, furthermore, can divide the three Baltic states.