German steel sector in ‘existential crisis,’ Merz warns after summit
By Helge Toben and Andreas Hoenig, dpa. Berlin (dpa) – Germany’s steel industry is in an “existential crisis,” Chancellor Friedrich Merz said on Thursday, after a meeting with top leaders [..]
Estonian gas station chains: We’re selling under cost price
After Neste cut prices Monday, other fuel chains followed, sparking higher sales. But Circle K and Alexela say such low prices can’t last without losses. On Monday morning, a liter [..]
Lithuania’s minister for economics and innovation, Lukas Savickas, has announced that the government will provide no more than EUR 54 million in state aid to Orlen Lithuania, which is part [..]
The average price of electricity in February 2025 increased by 65% against January’s rate to EUR 151.8 per MWh, representatives of the Enefit company have told the LETA news agency. [..]
Experts: Euro has made borrowing cheaper, eased energy crisis
The euro was introduced in Lithuania ten years ago, on January 1, 2015, and so far it has helped the country to cut borrowing costs, increase credibility, and avoid the [..]
The latest Eurobarometer poll, which was published in Monday, shows that many Lithuanians expect the European Union to do better at co-ordinating energy issues – 71% of Lithuanians, as against [..]
Power supply disrupted for around 30,000 customers in Latvia on Monday morning
On Monday morning at around 6 a.m., due to storm damage, the power supply to around 30,000 customers was disrupted, Sadales Tikls power distribution network operator informed LETA. The power [..]