LITHUANIA

Press release - Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Retrieved on: 
Thursday, April 25, 2024
Enlargement, European Parliament, Foreign Affairs, Head, Policy, Parliament, Commission, European Commissioner, European, La Voix, Single market, EP, Georgios Iacovou, Legislation

Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Key Points: 
  • Parliament celebrates the 20th anniversary of the EU’s biggest enlargement
    On Wednesday morning, MEPs, EU and member state representatives, and young people born 20 years ago, marked the entry into the EU of ten countries in May 2004.
  • EP President Roberta Metsola, Commission President Ursula von der Leyen, former EP President Pat Cox, and former Commission President Romano Prodi participated in a formal sitting of Parliament to mark the 20th anniversary of the 2004 EU enlargement.
  • Addressing the ceremony, European Parliament President Roberta Metsola said:
    ”In these past two decades, Europe has been met with unprecedented challenges.
  • The transformative effect of EU enlargement on the lives of generations of Europeans is without any doubt.

How breakdancing became the latest Olympic sport

Retrieved on: 
Thursday, April 25, 2024
Storm, Place, Personality, WDSF, Instrument, Sport, Noise, Risk, Red Bull BC One, Baseball, Subjectivity, Gymnastics, University, Athlete, IOC, Olympic Games, DJ Kool Herc, Red Bull, Creativity, Music, Map, Entertainment

Breaking is probably better known to most of us as breakdancing.

Key Points: 
  • Breaking is probably better known to most of us as breakdancing.
  • So why is the sport officially called breaking, and how is something so freestyle and subjective going to play out as a scored sport in Paris this summer?
  • Throughout the 1980s the phenomenon garnered international exposure via music videos and movies such as Flashdance (1983), Breakin’ (1984) and Beat Street (1984).

Why the Olympics?

  • It is also fair to say though that breaking made it to Paris 2024 thanks to the insistence of the host country.
  • Los Angeles 2028 will add flag football (a variant of American football), lacrosse, cricket and squash.

What we will see in Paris?

  • There is a three-part qualifier for the games, so no doubt each of those qualifying athletes will be in the history books.
  • Already qualified through WDSF World and continental championships are some heavy favourites, such as B-boys Victor (US) and Danny Dan (France), and B-girls India (Netherlands) and Nicka (Lithuania).
  • The last 14 will be decided by the top-ranked 80 breakers at the dedicated Olympic qualifier series in Shanghai in May and Budapest in June.
  • However, this number has increased to nine in the Olympic framework, presumably to minimise subjectivity and risk of errors.


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Mikhail Batuev does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

What does new micro price evidence tell us about inflation dynamics and monetary policy transmission?

Retrieved on: 
Thursday, April 25, 2024
Online, Sun, High, Quarterly Journal of Economics, Printing, Inflation, Data set, PRISMA, Journal of Political Economy, Research, Euro, Business, ECB, Shock, Quarterly Journal, Policy, IPN, Section 4, Bank of Lithuania, Journal, Bank of France, Human, Journal of Monetary Economics, Textbook, Food, American Economic Journal, Business cycle, Princeton University Press, Element, Consumer, CPI, Forecasting, Growth, Environment, Political economy, Monetary economics, Bank, Rest, Mistake, HICP, Price, Heart, Daily, Geography, Data, Collection, Probability, Supermarket, Retail

To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.

Key Points: 
  • To understand inflation dynamics, it is necessary to analyse how often and by how much individual prices change.
  • This article discusses what micro price data gathered by the European System of Central Banks’ Price-setting Microdata Analysis Network (PRISMA) tell us about the way firms set their prices.

The reformed EU fiscal framework – potential macroeconomic implications for the euro area

Retrieved on: 
Thursday, April 25, 2024
Stability, Correction, Tax, EDP, Growth, Exercise, ECB, DSA, Resilience, European Parliament, SPB, Treaty, Social Security, SGP, Recovery, Policy, Overalls, Eurogroup, Commission, Council, GDP, European, Safety, European Commission, Orientation, Government, Security (finance)

Following the European Commission’s legislative proposals of April 2023, the ECOFIN Council reached an agreement on the reform of the fiscal rules underpinning the EU Stability and Growth Pact (SGP) on 20 December 2023.

Key Points: 
  • Following the European Commission’s legislative proposals of April 2023, the ECOFIN Council reached an agreement on the reform of the fiscal rules underpinning the EU Stability and Growth Pact (SGP) on 20 December 2023.
  • This box provides a preliminary assessment of the potential macroeconomic effects of the EU fiscal framework reform over the horizon of the March 2024 ECB staff macroeconomic projections for the euro area.

Press release - Geopolitical situation makes voting in European elections even more important

Retrieved on: 
Thursday, April 18, 2024
Communication, Democracy, Aggression, European Parliament, Public, Poverty, Parliament

The European Parliament’s last Eurobarometer survey before the elections in June reveals awareness among citizens and concern for the current geopolitical context. Source : © European Union, 2024 - EP

Key Points: 


The European Parliament’s last Eurobarometer survey before the elections in June reveals awareness among citizens and concern for the current geopolitical context. Source : © European Union, 2024 - EP

Is home bias biased? New evidence from the investment fund sector

Retrieved on: 
Thursday, April 18, 2024
Rule of law, Journal of Accounting Research, Capital control, Domestic, CEPII, Research Papers in Economics, M. B, Regression analysis, Journal of International Economics, Foreign, Economic growth, Methodology, Row, International, Intuition, Risk, Heritage, Economic development, Goethe University Frankfurt, Overweight, Journal of Monetary Economics, Accounting research, International business, Paper, Political economy, Journal of Financial Economics, Environment, Website, United, Category, World Bank, Probability, Medical classification, Sun, Appendix, Handbook, G11, Quarterly Journal of Economics, Frankfurt, Institution, Investment, International economics, Journal of Political Economy, Corporation, G15, Logic, Dow Jones, PDF, Classification, ECB, CEIC, Károlyi, Policy, Outline, Household, Social science, JEL, Real, Bias, FDI, Journal, Research, Journal of Economic Literature, Credit, The Journal of Finance, Literature, Nationalization, European Central Bank, AA, Culture, Growth, Monetary economics, Section 5, Kho, Rule, Rogoff, Developed country, AAA, Finance, SHS, Control, Variable, Section 4, Language, Section 3, Role, Economy, Financial economics, Section 2, Freedom, Central bank, Incidence, Law, The Heritage Foundation, American Economic Review, Obstfeld, SSRN, Foreign direct investment, G23, Corruption, Quarterly Journal, Financial statement analysis, GDP, IMF Economic Review, Schumacher, University, MVI, Demirci, Dependent and independent variables, Lane, Common, Magazine, Bank, Reproduction, Security (finance)
Key Points: 

    EQS-News: Nordex Group receives 264 MW order from Lithuania

    Retrieved on: 
    Wednesday, April 10, 2024
    Wind, Achema, CSO, Renewable energy

    UAB Renerga, the leading developer of wind energy projects in Lithuania and a company of the Achema Group, contracted the Nordex Group to supply 40 N163/6.X turbines.

    Key Points: 
    • UAB Renerga, the leading developer of wind energy projects in Lithuania and a company of the Achema Group, contracted the Nordex Group to supply 40 N163/6.X turbines.
    • The Delta4000 series turbines are projected for the 264 MW Pagegiai wind farm project in the west of the country.
    • Lidija Lubiene, Chairman of the Board of the Achema Group: “Renerga is the founder of renewable energy in Lithuania.
    • We see the supply contract as the starting point of a powerful cooperation between both groups.”
      Including this new order, as of today the Nordex Group has sold more than 850 MW since 2015 in Lithuania.

    EQS-News: Homann Holzwerkstoffe postpones start of production at new plant in Lithuania

    Retrieved on: 
    Wednesday, April 10, 2024
    EUR, Bank statement, Plant

    The start of production scheduled for the end of 2023 was initially delayed due to technical problems, which were resolved at the beginning of 2024.

    Key Points: 
    • The start of production scheduled for the end of 2023 was initially delayed due to technical problems, which were resolved at the beginning of 2024.
    • Against this background, contrary to the company's assumption, the plant in Lithuania will not yet make a positive contribution to the Homann Holzwerkstoffe Group's earnings in 2024.
    • However, we regret the delay in the start of production in Lithuania, as the plant is a central component of our long-term expansion strategy.
    • The consolidated financial statements 2023 of the Homann Holzwerkstoffe Group will be published as planned on 26 April 2024.

    PaySaxas Launching, Offers Global Payments, Provides Unique Solutions to Import Export Market

    Retrieved on: 
    Friday, April 5, 2024
    JPY, Chemical oxygen demand, AML, KYC, GBP, MSB, OTC, Safety, USDT, Cryptocurrency

    VANCOUVER, CANADA, April 05, 2024 (GLOBE NEWSWIRE) -- PaySaxas, the newest entrant of the cross border transaction industry, has announced it has launched global payments, providing exclusive and unique solutions for international trade, including in-house crypto OTC.

    Key Points: 
    • VANCOUVER, CANADA, April 05, 2024 (GLOBE NEWSWIRE) -- PaySaxas, the newest entrant of the cross border transaction industry, has announced it has launched global payments, providing exclusive and unique solutions for international trade, including in-house crypto OTC.
    • The PaySaxas Smart Payments Platform focuses on specific features, that have long been in demand by the global trade industry.
    • The emerging trend provides customers immediate and direct access to the decision makers rather than lengthy delays.
    • With multilingual support and a team that understands the pains of global trade, the PaySaxas solution offers customers more payment solutions, and less hassle with daily transactions, leaving them to focus on their revenue and business growth.

    World Kitchen Furniture Market Outlook 2024, Featuring 35 Company Profiles Including American Woodmark, Boffi, Cabico, Hanssem, IKEA, Interwood, Nobia, Oppein, Scavolini, Schuller, Weizter and Zbom - ResearchAndMarkets.com

    Retrieved on: 
    Monday, April 8, 2024
    Home Goods, Other Retail, Other Manufacturing, Specialty, Luxury, Discount, Variety, Manufacturing, Retail, Comparison, Chapter Two, Real, Chapter Three, Policy, Table, Statistics, Chapter One, GDP, USD, European, Cabinetry

    World consumption of kitchen furniture is worth about USD 60 billion, accounting for about 15% of total world furniture consumption.

    Key Points: 
    • World consumption of kitchen furniture is worth about USD 60 billion, accounting for about 15% of total world furniture consumption.
    • North America is the main consuming area, covering over one-third of the world's kitchen furniture market, followed by Europe and Asia Pacific.
    • Part 3: Company profiles provides company profiles for 35 among the main kitchen furniture manufacturers worldwide.
    • The 60 countries covered by the World Indicators of kitchen furniture were selected based on size of the economy, importance of the kitchen sector and contribution to world trade of kitchen furniture.