Posts published in Day: May 27, 2020

Amendments for tackling false news proposed by Interior Ministry

Wednesday, May 27, 2020

Interior Minister Sandis Ģirģens (KPV LV) submitted draft legislation to the Saeima for combating false news, the Ministry reported on May 27. The Advisor for Communications for Interior Minister Beata Jonite said that the amendments are in an initial stage and will still be complemented by proposals from the Saeima. The amendments proposed include: The amendments provide for allowing the court to decide on the termination of media which distribute…

Lithuania’s defence ministry investigates Chinese cameras after LRT report

Wednesday, May 27, 2020

Chinese Hikvision and Dahua surveillance cameras used by Lithuanian institutions and leaders are vulnerable to interception and some are connected to servers in Russia, the National Cyber Security Centre (NKSC) said on Wednesday. In February, LRT revealed that Chinese surveillance cameras dumped by American authorities over Beijing’s spying threats were still used by Lithuanian border guard service, police and migration departments, as well as in cars of state leaders. On…

New portal for Latvian cultural events in German

Wednesday, May 27, 2020

The Latvian  Embassy in Germany has created a cultural event portal in German  which will offer up-to-date information on Latvian cultural developments in Germany and events of interest to German audiences in Latvia, the Embassy said on their website on May 27. The new portal will allow the German audience to gain more insight into the cultural life of Latvia and to learn more about the major events of Latvian…

Lithuania could get €6.3bn from EC’s coronavirus recovery fund – EU commissioner

Wednesday, May 27, 2020

Lithuania could claim 6.3 billion euros from the 750-billion fund proposed by the European Commission to help post-coronavirus recovery, according to an EU commissioner. “Lithuania may receive 6.3 billion euros from the new fund, including 3.9 billion euros in grants and 2.4 billion euros in loans,” Virginijus Sinkevičius, Lithuania’s EU commissioner responsible for environment, oceans and fisheries, told BNS on Wednesday. “These will be additional funds, on top of the…

Average monthly salary EUR 1100 in Latvia

Wednesday, May 27, 2020

Data of the Central Statistical Bureau (CSB) show that in the 1 st  quarter of 2020 the average gross wages and salaries for full-time work increased by 6.6 % or EUR 68 and comprised EUR 1 100. In January 2020, compared to the corresponding period of 2019, the average monthly gross wages and salaries grew by 7.0 % or EUR 1 101, in February – by 7.8 % (EUR 1 085), but in March its growth rate was the slowest –…

Quarantine affects almost half of Lithuanians, one in ten cannot cover food costs

Wednesday, May 27, 2020

Low-income families in Lithuania have been most affected by the ongoing quarantine. According to an April survey, they lack money to cover basic living costs. “Eleven percent of people in Lithuania lack money for food, and a fifth cannot cover rent or utilities,” Rūta Žiliukaitė, a sociologist at Vilnius University, is quoted in the press release by the National Poverty Reduction Centre NGO. These problems are mostly felt by families…

Coronavirus did not stop the U.S. mega maneuvres

By Vitaliy Timoschuk on Wednesday, May 27, 2020

The command of the U.S. Armed Forces in Europe on its website announced the resumption of the exercise Defender Europe 2020, suspended due to a coronavirus pandemic. Now the exercise will be called “Defender Europe 2020 Plus.” The dates, goals and scope of the maneuvers have changed. The official statement said that “after careful assessment and planning between U.S. Army Europe and the Polish Ministry of Defense, exercise Allied Spirit,…

Estonia to issue 10-year bonds worth €1 billion

Wednesday, May 27, 2020

The government plans to issue €1 billion worth of bonds with a maturity of 10 years which will be listed on the Dublin Stock Exchange. This will be the first time long-term bonds have been issued by Estonia for 18 years. The Ministry of Finance has given a mandate to Citigroup, Nordea and Societe Generale to find institutional investors. A meeting introducing the issuance of bonds to investors will take…

Estonia wants to join US-led mission in Strait of Hormuz

Wednesday, May 27, 2020

The Ministry of Defense wants to send Estonian officers to join the United States-led security mission in the Strait of Hormuz in the Middle East. According to the draft decision submitted to the Riigikogu, Estonia would contribute up to five members of the Estonian Defense Forces (EDF) to Operation Sentinel. “The U.S. government contacted us with the proposal to participate in this mission,” said Minister of Defense Jüri Luik (Isamaa).…

Port of Tallinn takes €20 million loan for Old City Harbor construction

Wednesday, May 27, 2020

The Port of Tallinn entered into an unsecured loan agreement with SEB Bank for up to €20 million, with a term of five years, to develop Tallinn’s Old City Harbor. The base interest rate of the loan is six-month Euribor, plus an interest margin. The loan can be drawn in two payments, the first of €10 million must be drawn by July 30 at the latest and the second tranche…