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  • Bright stars at the Black Nights Film Festival
    the festival with the focus of this year on Poland The three international competitive programs EurAsia Tridens Baltic and North American indie films feature some of the best films from around the world This year s focus on Poland has led organizers to bring a total of 15 Polish films to the big screen during the festival including such films as Warsaw 44 directed by award winning director Jan Komasa a love story set before and during the uprising in Nazi occupied Warsaw towards the end of World War II The film has been a blockbuster in Poland selling over one million tickets in its first two weeks The festival also includes international industrial gatherings like Black Market and Baltic Event which are designed as meeting places for those in the film industry from the Baltic region In addition to the regular film program there are three smaller sub festivals Animated Dreams Just Film and Sleepwalkers Animated Dreams is the biggest animation film festival in Northern Europe with an international competition and a host of smaller programs while Just Film is the largest film festival in the region focusing on children s and youth films with Sleepwalkers a student and short film festival that looks to show new film talent from the Baltic Nov 14 Nov 30 2014 Various cities around Estonia www poff ee Comments Related Articles Vilnius gets vision Gingerbread Mania 2015 Latvian State Choir launches ambitious project for nation s centenary Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles ARTS EVENTS GUIDE Estonia A nation shaped by the sea The Capital of Empty Spaces Dealing with the shrinking of the Great Baltic City Italian Riga s Casa Nostra restaurant Subscribe A subscription to The Baltic Times is a cost

    Original URL path: http://www.baltictimes.com/news/articles/35751/ (2016-02-13)
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  • Catching a ride on Brightman’s Dreamchaser
    she was a little girl growing up in Berkhamsted Hertfordshire England dreaming of spectacular unknowable things When I look back my mind s eye brings me a rush of images from all of the incredible things that I have been privileged to experience in my life she explained But if I keep tracking back my thoughts eventually come to rest on a flickering TV screen in 1969 That summer when Apollo 11 touched down on the moon and Neil Armstrong jumped across its surface Brightman felt herself transform and all her hopes and aspirations shift Watching the first man land on the moon it was an epiphany It changed things It actually helped me understand what it was that I had to do in my life to further myself to do things to think outside of the box she said I could go that far I could do that From that moment I started to work really hard Cosmic energy Now at age 52 Brightman is about to embark on what she calls the greatest adventure I can imagine She will be part of a three person team travelling to the International Space Station on board a Soyuz rocket where she ll orbit the earth 16 times a day and become the first professional musician to record a song from space another ground breaking moment in a career already full of many great firsts After undergoing extensive mental and physical testing in Star City Russia Brightman was cleared to train as a cosmonaut and likens the anticipation of her upcoming voyage to being in love It s wonderful she said It s this thing that stays beside me as I m walking down the street Dreamchaser is Brightman s first collaboration with producer Mike Hedges U2 Dido the Cure who was deeply impressed by her precision and the scope of her vision In this day and age of records being cheaper and cheaper and quicker and quicker when anyone can make a record at home to actually have an artist who has a vision and the backing to make a great great record There are only a handful of artists in the world who can do that he said I m an interpreter of music and I m proud of that Brightman said I m able to be very free to go in all directions to choose music based on what it makes me feel within myself That guides me to what I need to do It comes from very deep feelings Although I m singing other composers music it s still very connected to me For Brightman Dreamchaser is a culmination an ethos the perfect soundtrack to what s next for her and what s next for all of us Humankind s ability to set and deliver goals combined with the individual s pursuit of their dreams and desires are perhaps the most powerful forces that we know Believing that something may be out of reach should never stop

    Original URL path: http://www.baltictimes.com/news/articles/35750/ (2016-02-13)
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  • British Week begins in Riga
    the traditions and history of Great Britain the country s business practices creative industries economy politics culture and cuisine is held in Riga until November 9 as the British Chamber of Commerce in Latvia told LETA For seven days various events will be held in several locations in Riga for local residents to better acquaint themselves with the cultural and historic heritage of Britain its economic potential and business opportunities Visitors at British Week will also have a chance to participat The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic Sea region Read more Our news

    Original URL path: http://www.baltictimes.com/news/articles/35748/ (2016-02-13)
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  • News search
    welcomes orphaned Ukraine children amid crisis in country Lithuania has welcomed 15 orphaned Ukrainian children to the country amid the Ukraine Read More Latvia coalition holds power in vote pro Putin force wanes Latvia s center right governing coalition scored a fresh victory in weekend electi Read More New Russian news site to launch in Baltics A new Russian news site will launch in the Baltics later this year aimed at Russian sp Read More Russia bans prominent Latvians from entering country amid tensions Russia has blacklisted three prominent Latvians from entering the country amid latest Read More Russia bans prominent Latvians from entering country amid tensions Russia has blacklisted three prominent Latvians from entering the country amid latest Read More Ripplewood investors interest only short term Ripplewood Holdings says it woul Read More Supermarket chain Maxima to change name following deadly roof collapse Lithuanian supermarket chain Maxima Group which operates stores in the Baltic states Read More Thousands turn out to vote in Latvian elections Over 13 000 people have turned out to vote in Latvia s 12th national elections tod Read More Previous 169 170 171 172 173 174 175 176 177 178 Next Subscribe Advertise Log In Please enter your username and password Forgot your password Login Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an

    Original URL path: http://www.baltictimes.com/search/jcms/start/1680/ (2016-02-13)
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  • Business’ attitude towards borrowing is improving - Bank of Lithuania
    shown that for the first time in two years more companies are ready to use external financing than their own resources 54 3 percent of the polled companies expect to satisfy their business needs employing external financing resources while 45 7 percent intend to rely only on their own resources The survey also revealed that credit institutions agreed to issue loans or change the conditions of the existing agreements to 59 6 percent of the applying enterprises Companies intend to use the borrowed funds to purchase or The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic

    Original URL path: http://www.baltictimes.com/news/articles/35747/ (2016-02-13)
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  • Baltic economies have recovered quickly, but investments remain behind the curve
    internal devaluation and the countries rebounded forcefully as exports increased well above the pre crisis levels Lithuania s export volumes in the second quarter of 2014 were 40 4 higher than the pre crisis peak Latvia s in the first quarter of 2014 and Estonia s export was higher by 19 4 and 29 6 respectively The recovery of the economies was export driven Exports as a share of GDP increased significantly in all three countries compared with 2007 It increased from 67 1 in 2007 to 87 7 last year in Estonia from 42 5 to 59 7 in Latvia and from 53 8 to 86 9 in Lithuania The collapse in household consumption which before the crisis had been fuelled by a rapid increase of financial leverage was one of the main reasons behind the deep recession Household consumption has recovered since but remains about 10 below the pre crisis peaks in all three Baltic countries With the job market recovering household consumption will increase steadily in the coming years and will be much less volatile However the investment recovery has been delayed by weak confidence even though companies have decreased their leverage significantly capacity utilisation in Latvia and Lithuania is back to the pre crisis highs and interest rates have dropped to historic lows Investments remain well below the pre crisis level in Lithuania e g in the second quarter of this year they were 20 3 lower than in 2007 However a comeback to the pre crisis level is neither likely nor needed since irrational exuberance caused companies to overinvest heavily in 2006 and 2007 in Latvia and Estonia gross fixed capital formation amounted to around 35 of GDP More than half of investments during the peak were to dwellings and other buildings and structures However the largest share was recorded in 2009 as investment in transport and other machinery and equipment decreased more than investments in dwellings and other buildings and structures The share of investments to dwellings and other buildings and structures has decreased since then by about 10 percentage points in Estonia and Lithuania and by 2 percentage points in Latvia Overall despite the 2008 2009 setback the Baltic countries convergence towards the EU average has been rapid Labour productivity per hour worked in Lithuania increased from 49 9 of the EU average in PPS purchasing power standard in 2004 to 66 4 of the EU average in 2013 Over the same period Estonia s productivity rose from 48 5 to 61 4 and Latvia s from 36 5 to 56 9 However further progress and convergence will almost certainly be slower Many EU countries the Czech Republic Malta Greece the UK Italy Finland Sweden France Netherlands Belgium and Luxembourg have lost some productivity in relation to the EU average in a decade But this is not an option for the Baltic countries they need to raise productivity in order to raise living standards curtail emigration and lessen the pressure of aging populations

    Original URL path: http://www.baltictimes.com/news/articles/35746/ (2016-02-13)
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  • Economic Crime Police arrest Menard Port LLC shares in connection with NP Foods affair
    Economic Crime Department have arrested 33 33 percent shares owned by the American company Menard Port LLC in NP Business centre Ltd LETA has obtained confirmation of this decision made by the Economic Crime Police As LETA was informed by joint stock confectionery Laima spokeswoman Maija Dulle Sunina the arrest of the shares is in connection with the criminal process started this past June in regard to fraudulent activities carried out by an organized group with an attempt to illegally seize property namely using corporate raid metho The article you requested can be accessed only by subscribing to the online version of The Baltic Times If you are already subscribed to The Baltic Times please authorize yourself Log In In case you don t have a subscription yet please visit our SUBSCRIPTION section Comments Related Articles Households purchasing power growing rapidly in Estonia Chief economist on Euro arrival and Rouble spiral Europe s Shadow Budget Subscribe Advertise Log In Please enter your username and password Forgot your password Login Related Articles Small science delivers big results Sluggish times for Estonia s exports Kazakhstan following Russia s lead bans Baltic fish Estonia s anti money laundering laws clamp down on Bitcoin traders Subscribe A subscription to The Baltic Times is a cost effective way of staying in touch with the latest Baltic news and views enabling you full access from anywhere with an Internet connection Subscribe Now About The Baltic Times The Baltic Times is an independent monthly newspaper that covers latest political economic business and cultural events in Estonia Latvia and Lithuania Born of a merger between The Baltic Independent and The Baltic Observer in 1996 The Baltic Times continues to bring objective comprehensive and timely information to those with an interest in this rapidly developing area of the Baltic

    Original URL path: http://www.baltictimes.com/news/articles/35745/ (2016-02-13)
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  • The EU will continue to boost Baltic economies in 2014–2020
    external energy supplies Johannes Hanhn EU commissioner for the regional policy said during the roundtable discussion with journalists during Open Days in Brussels One of the positive examples of the EU cohesion policy of 2007 2013 which were presented by the European Commission is the upgrade of the thermal power station in the town of Siauliai in northern Lithuania The station s owner the company Siauliu Energija has implemented works on a combined cycle thermal power plant resulting in a decline in fossil fuel consumption of more than 40 percent by the company due to the biofuel usage and a 16 6 percent reduction in customer prices The total budget for the upgrade was 16 1 million euros the Cohesion Fund contribution was 5 2 million euros According to Zygimantas Mauricas the chief economist of the Lithuanian branch of Nordea Bank during the 2007 2013 period Lithuania spent a lot of EU cohesion policy s money in the spheres which do not generate high economic growth environmental issues and real estate construction and spheres which are already well developed in Lithuania the Lithuania s transport infrastructure as well as the Lithuania s information and communication technology He stated that more of the EU s money should be spent on scientific research business start ups and energy efficiency in Lithuania The new EU cohesion policy priorities are rather beneficial from such a point of view One of the new specifics of EU cohesion policy is the following more EU money will come in the form of loans not subsidies According to Rasa Budbergyte a Lithuanian auditor working in the Luxembourg based European Court of Auditors the court audits the EU money spending the shift towards loans will help to avoid taking EU money for business projects in Lithuania which would be carried out anyway i e even regardless to a lack of co financing from the EU funds Hahn promised zero tolerance for any wrongdoings in EU spending During the Open Days Italian journalists as usual made noise about EU money going into the pockets of Italian crooks Hahn said that he has mixed feelings about Italy Italy in total figures is the second biggest beneficiary after Poland of the EU s cohesion policy some regions of southern Italy spend EU money correctly but there are problems in the regions of Calabria and Sicily According to Budbergyte Lithuania is an average EU country in terms of EU money related fraud The priorities for 2014 2020 which were announced during Open Days 2014 mean a further shift of the EU cohesion policy from co financing of infrastructure projects It means that the European Commission will agree with some EU co financed road building only in case the road is really adding some value to the local business environment for brain circulation as Hahn put it or in case the road is vital for survival of some remote community Hahn emphasized that EU cohesion policy is the main source of public investment projects

    Original URL path: http://www.baltictimes.com/news/articles/35744/ (2016-02-13)
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