In order to strengthen its security, Sweden is increasing its defence capabilities, according to the conception of the security strategy 2021-2025. An intensification of internal activities within the so-called total defence is accompanied by enhanced regional cooperation with the Nordic states within the Nordic Defence Cooperation (NORDEFCO), two trilateral formats and bilateral...
More →Latvia is currently the country with the highest incidence of coronavirus cases per 100,000 population in the European Union (1,257 in the last 14 days; the EU average is 190; the other Baltic states – Lithuania and Estonia – are also at the top in terms of COVID-19 incidence, with respectively 1,163 and 1,087[1]). Over the past week, the number of confirmed COVID-19 cases has...
More →Mažeikiai refinery in Lithuania, owned by ORLEN Lietuva (a PKN ORLEN S.A. subsidiary), is the only plant of its kind operating in the Baltic States. Oil products are exported both to neighbouring countries and to international markets through oil terminals at the Baltic Sea. Due to the tough market conditions, logistical problems, and the Lithuanian climate policy, the plant...
More →On September 27, 2021, Hungary signed a new natural gas supply contract with Russia, which would de-facto prevent the import of this commodity from any other location. The signing of the agreement is part of a consistent policy of the Viktor Orbán government, which is based on closer cooperation with Russia. The suggested alternatives (e.g., supplies from Azerbaijan) have so far...
More →Currently, a significant challenge facing Slovakia is the rapidly growing prices of energy commodities, including natural gas. This problem affects not only large enterprises, but also individual clients. In addition to rising prices, the low level of filling of natural gas storage facilities is also worrying. Russia’s steps to reduce gas transport via Ukraine also directly...
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