Posts published in Day: February 27, 2020

Big increase in number of Latvian money laundering cases in 2019

Thursday, February 27, 2020

In 2019 the number of criminal cases handed in to the courts involving money laundering increased significantly, along with the number of defendants, according to the Prosecution Office on February 27. 59 criminal cases involving 102 persons charged under Section 195 of  The Criminal Law   on the “Laundering of the Proceeds from Crime” were brought to court last year. For comparison, in 2018 there were only 23 similar criminal…

Latvia could get part of 5-billion-euro “Three Seas” fund

Thursday, February 27, 2020

During a conference organized in Rīga on February 27, representatives of the Three Seas Initiative Investment Fund along with representatives of Three Seas region states talked about needs of the Three Seas region and multilateral cooperation. The Three Seas Initiative Investment Fund is a joint initiative of 12 state national development institutions located between the Baltic, the Black and the Adriatic Seas with the aim of supporting the implementation of…

Coronavirus updates: Euroleague game to go ahead, food sales surge

Thursday, February 27, 2020

Friday’s Euroleague match between Žalgiris Kaunas and AX Armani Milan in Lithuania’s second biggest city will go ahead as planned, Žalgiris said on Thursday. The Health Ministry has recommended that the match be postponed or played behind closed doors because of the coronavirus threat.  Read more:  Coronavirus: Lithuania declares state emergency    However, the club said it will play with fans in attendance. “We’ll take every precaution that’s possible.” Paulius…

Famous poets’ summer house goes under the hammer

Thursday, February 27, 2020

The Jūrmala City Council auctioned off the summer house on 4 Salacas Street, known as Pēperkoku Cottage, that used to belong to Latvian poetry phenoms Rainis and Aspazija for a starting price of almost 39,000 euros, according to a Latvian Radio broadcast on February 26. “We really hoped that the municipality would come around and accept the offer to both rent out and renovate it. Before the auction I warned…

Revolut will relocate to Lithuania and Ireland due to Brexit

Thursday, February 27, 2020

London-based fintech company Revolut will relocate to Lithuania and Ireland because of Brexit, the company said earlier in February. “Brexit is the initial cause but it’s also a reflection of the great customer appetite we’ve seen across Europe,” Revolut’s banking chief executive Richard Davies told the Telegraph daily on February 3.  “Having more than one regulated entity for Europe is really important and very common,” he added. Revolut obtained a…

Moldova must continue its European integration, while at the same time maintaining pragmatic relations with Russia

Thursday, February 27, 2020

Moldova is implementing a balanced foreign policy approached, conducting the Europeanisation of the country, while at the same time maintaining pragmatic relations with Russia, Moldovan Minister of Foreign Affairs and European Integration Aureliu Ciocoi told LETA in an interview. ”Moldova is first and foremost pro-Moldovan. We work for the good of our country,” he said. ”As far as Russia is concerned, we call this approach a balanced foreign policy. Moldova…

Lithuania’s offshore wind dream starting to take shape

Thursday, February 27, 2020

A task force for the development of offshore wind has taken up work within Lithuania’s energy ministry to prepare the next stages of the Baltic nation’s planned deployment of up to 700MW of wind at sea by 2030. The task force by the end of March is expected to make recommendations to the government on the possible stages of offshore wind development, models of grid connection, the allocation of responsibilities…

Disease prevention department backtracks on cyber attack claim

Thursday, February 27, 2020

The Center for Disease Prevention and Control (SPKC) – which is one of the agencies responsible for handling Latvia’s preaprations for the coronavirus – announced February 27 its website had come under suspected cyber attack at noon, but backtracked on the claim a couple of hours later. The initial announcement was made via SPKC’s Twitter account and said efforts were being made to counter the cyber-attack. SPKC has been one of…

Dill-obsessed and proud

Thursday, February 27, 2020

Living in Denmark Krista Miltiņa came to look at Latvians from a different perspective, and now she’s turned the artwork she created featuring these observations into a business after one of the drawings she posted blew up on social media. “I thought a lot about Latvians, what we’re like. The first illustrations came about because I wanted to gift my friends something, and I began drawing illustrations about us –…

One working, five watching: Lithuanian president dismisses criticism

Thursday, February 27, 2020

Lithuanian President Gitanas Nauseda on Wednesday hit back at criticism over EU budget talks, saying it reminds him of a Soviet-era joke where one man is working and another five are watching and giving him useless advice. “I could remind [the critics] that there are different stages in the negotiations, and when both sides – in this case, net payers and net recipients – want to obtain more in the…