Posts published in Day: March 23, 2019

Corporate tax in EU- eliminating loopholes

Saturday, March 23, 2019

New rules on common corporate tax in the EU entered into force this year. The idea is to eliminate some loopholes in corporate entities, which are avoiding paying taxes. As a rule, corporate taxation is within the domain of the member states. This time the EU institutions took the initiative in order to reduce tax evasion. First proposed by the Commission in 2016, the legally binding rules, known as ATAD…

Lithuania’s LET to supply gas to Riga from various sources

Saturday, March 23, 2019

A new liquefied natural gas (LNG) shipment arriving in Klaipeda next week is meant for all customers of Lietuvos Energijos Tiekimas (Lithuanian Energy Supply, or LET), including the Latvian capital’s heat supplier Rigas Siltums. LET said in early March it would supply gas to Rigas Siltums for the whole month. LET CEO Mantas Mikalajunas says the Latvian company is being supplied with gas from all available sources. “We are not providing commercial…

Olympic committee considering replacing president

Saturday, March 23, 2019

Daily Õhtuleht wrote on Friday morning that Estonian Olympic Committee (EOK) President Urmas Sõõrumaa might soon be facing attempts to replace him. Part of the committee’s executive board decided on Thursday that a meeting with Mr Sõõrumaa is needed to discuss his future, the paper wrote. The executive board are apparently taking issue with Mr Sõõrumaa’s behaviour and statements in the recent Nordic skiing doping scandal, which hit Estonia harder…

Netherlands police, Heineken win private sector cybersecurity exercise

Saturday, March 23, 2019

A team made up of the Netherlands’ National Cyber Security Centre and Heineken have won the Cyber Core 2019 exercise that simulated a wave of cyber-attacks on the leading energy provider of an EU state, threatening a shutdown of vital services in the whole country. The exercise, which took place at the laboratories of CybExer Technologies in Tallinn, was opened by IT Minister Rene Tammist (SDE) on Wednesday. The exercise…

EC Vice-President: like other countries, Latvia has limited progress with EC recommendations

Saturday, March 23, 2019

Latvia has limited progress when it comes to implementation of recommendations from the European Commission. Nevertheless, Latvia does not fall from the general EU context, when most member states have a small or limited progress with recommendations, said EC Vice-President Valdis Dombrovskis during a joint meeting with Latvian Saeima’s committees. Commenting on the opinion voiced during the meeting that EC’s opinion is rather critical, Dombrovskis said he believes the situation…