Posts published in Day: September 8, 2020

Lithuania ‘supports’ EC proposal to unify travel restrictions

Tuesday, September 8, 2020

The European Commission has recommended that EU member states use uniform criteria when introducing coronavirus-related travel restrictions. It would mean lighter restrictions than currently in place in Lithuania. The EC  recommendations  , released last week, suggest that EU travelers coming from countries with less than 25 new coronavirus cases per population of 100,000 over the last 14 days should not have to self-isolate. Those coming from countries with 25 to…

Lithuanian children’s well-being among worst in Europe – UNICEF

Tuesday, September 8, 2020

Lithuania is among the worst countries in Europe for children’s well-being, according to research by the United Nations Children’s Fund (UNICEF). With third-highest children suicide rate, Lithuania’s UNICEF representative called it a “national crisis”. Lithuania ranked 33rd in the UNICEF research, which compared 38 countries from the European Union as well as the Organistion for Economic Cooperation and Development (OECD). The worst three countries Chile, Bulgaria, and the US. The…

Lithuania publishes relocation guide for Belarusian firms

Tuesday, September 8, 2020

Invest Lithuania, the country’s state-funded investment promotion agency, has published a guide for Belarusian businesses seeking to relocate. According to Invest Lithuania, companies that create at least 20 jobs for at least three years can relocate within three working days. Business operations can be set up in less than a month. After protests in Belarus kicked off following the rigged August 9 election, internet outages have left the country’s sprawling…

Norway will back EU sanctions on Minsk

Tuesday, September 8, 2020

Norway will support the European Union’s sanctions targeted against the Minsk regime if efforts to achieve free elections in Belarus fail, Norwegian Prime Minister Erna Solberg said in Vilnius on Tuesday. “Yes, I believe that if we don’t get that, we need to do sanctions against the Belarus regime. And that’s what Norway has said: we will support the European sanctions when they come, because we need to do this…

Average level of consumer prices in Latvia decreased by 0.2 %

Tuesday, September 8, 2020

Fresh data published by the Central Statistical Bureau (CSB) on September 8 show that in August 2020, compared to August 2019, the average level of consumer prices in Latvia decreased by 0.2 %. Prices of goods fell by 1.0 %, while prices of services rose by 1.6 %. “Compared to August 2019, in August 2020 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing, goods and services related…

Foreign investors to discuss ‘value of compliance’

Tuesday, September 8, 2020

Foreign investors and state officials will be getting together on September 10 under the auspices of the Foreign Investors Council in Latvia (FICIL) for a discussion titled “Value of compliance: what is the competitive advantage of Latvia?”. The organizers say the discussion will be more than hot air with investors and officials together looking for the answers to real questions about how to create a safe, open investment environment in…

Tax debts have increased in Latvia

Tuesday, September 8, 2020

Tax debts increased during the COVID-19 crisis, reaching a billion euros, Ieva Jaunzeme, Director General of the State Revenue Service (VID), told Latvian Television September 8. “All extended debt, which is nearly at €300 million, goes into debt. Even if the company came and extended [the due date], it is debt,” Jaunzeme said. She welcomed the fact that companies in COVID-19 came to the VID and agreed to an extension…

10 Belarusian companies consider moving to Latvia

Tuesday, September 8, 2020

Businesses that feel they can no longer operate in Belarus due to the latest in a long line of brutal crackdowns by the Lukashenko regime have been contacting the Latvian Investment and Development Agency (LIAA) about possible relocation, the agency said September 7. “In about a week, we have provided consultations to more than 100 Belarusian companies that are seriously considering the possibility of relocating their operations to Latvia. In parallel,…

Lithuanian PM’s team member questioned in coronavirus test probe

Tuesday, September 8, 2020

Government Vice-Chancellor Lukas Savickas has been questioned as a “special witness” in an investigation of 6-million-euro procurement of rapid coronavirus tests. Savickas was interrogated by the Financial Crime Investigation Service (FNTT) on September 4, the service and the Prosecutor General’s Office confirmed to LRT.lt. The special witness status means that Savickas was questioned about his own possible wrongdoing, without there being enough evidence yet to designate him a suspect. The…

Government approved Juris Gaiķis as new head of Competition Council

Tuesday, September 8, 2020

On Tuesday, September 8, the government approved Juris Gaiķis as new head of Competition Council, State Chancery said in a news release. Gaiķis was  selected for the position   after a three-stage selection process. According to LETA’s archive, Gaikis has a Master’s Degree in Law from the University of Latvia. The main aim of the Competition Council is to ensure free and fair competition in commercial practices as well as to promote competition…