Posts published in Baltic states

Baltic countries launch process of joining Continental Europe Synchronous Area

Monday, September 24, 2018

Poland’s transmission system operator (TSO) PSE confirmed on Friday, September 21, that it has submitted a formal application of the Baltic TSOs to the Regional Group Continental Europe (RGCE) of the European Network of Transmission System Operators (ENTSO-E) to join the Continental Europe Synchronous Area, informed LETA/BNS. Baltic TSOs Elering, AST and Litgrid last week submitted a formal application to PSE for joining the Baltic power grids with the Continental…

Agency raises Latvia’s credit rating

Monday, September 24, 2018

On Sept. 21, 2018, S&P Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Latvia to ‘A/A-1’ from ‘A-/A-2’ with a stable outlook, the agency said in a ratings note. The outlook is stable. Strong domestic demand will push growth levels to above 3% annually on average over the next four years, with fiscal deficits remaining contained, in the view of S&P. “As we expected, the liquidation…

Rīga Conference later this week

Monday, September 24, 2018

One of the chief dates of the Baltic geopolitical calendar, the annual Rīga Conference, takes place later this week. The event brings together hundreds of people from politics, defense, think-tanks and other fields and this year takes place on the 28th and 29th of September at the Latvian National Library in Rīga. The conference is organised by the Latvian Transatlantic Organisation (LATO) in cooperation with the Ministry of Foreign Affairs and…

EU calls for probe into Danske money laundering scandal

Monday, September 24, 2018

The European Commission has called for an EU investigation into the regulatory failures that led to a multi-billion-euro money laundering scandal at Denmark’s Danske Bank. An audit ordered by Danske Bank addressing the activities of the bank’s Estonian branch from 2007 through 2015 showed that the bank’s non-resident customers moved over €200 billion. The audit identified that most of the 10,000 non-resident customers of the bank’s Estonian branch were suspicious,…

Estonia does not support strengthening Frontex at expense of border guards

Monday, September 24, 2018

Estonia supports the proposal of European Commission President Jean-Claude Juncker to strengthen the European Border and Coast Guard Agency, also known as Frontex, but the Ministry of the Interior is of the opinion that this cannot be done at the expense of individual member states’ existing border guards. “The Ministry of the Interior supports Juncker’s initiative, but this idea definitely requires specification,” Janek Mägi, director of the Ministry of the…

Pope Francis recalls Soviet and Nazi horrors on Lithuania visit

Monday, September 24, 2018

A huge crowd gathered to hear the Vatican leader honor Jewish Holocaust victims and those persecuted by the Soviets. On the first papal trip to the Baltics in 25 years, Francis warned against resurgent anti-Semitism. Pope Francis on Sunday remembered the near extermination of Lithuania’s Jewish community during World War II while speaking to a crowd of around 100,000 people on the second of his four-day trip to the Baltics. At an…

Pope to pay tribute to Baltic freedom amid abuse crisis

Saturday, September 22, 2018

Pope Francis will start a Baltic tour in Lithuania on Saturday during which he will pay homage to the history of a region that still bears the scars of its Nazi and Soviet occupations, the AFP news agency writes in a special article. His four-day stay will come in radically different circumstances to the last papal visit a quarter of a century ago, with the Church currently reeling from a…

Estonian ISS catches GRU agent ‘TENDRIT’ in July

Saturday, September 22, 2018

Harju County Court last week found Jevgeni Slavin, 32, guilty of conspiracy against the Republic of Estonia for gathering data on behalf of the Main Directorate of the General Staff of the Armed Forces of the Russian Federation (GRU). According to the court ruling, the Estonian Internal Security Service (ISS) on 1 July arrested Slavin as the suspect in a crime, since which time he had remained in custody, reported…

Court reschedules viewing of criminal case due to Non-citizens Congress leader’s poor health

Saturday, September 22, 2018

Riga City Vidzeme Suburb Court announced today that the viewing of the criminal case in which leader of Non-citizens Congress Aleksandrs Gapoņenko is accused of inciting national hate will be postponed to a later date. The break was declared because Gapoņenko’s lawyer Imma Jansone told the court that her client is currently hospitalized because of serious health problems. An incident occurred during the court hearing when one person in the…

Survey: Nearly one third of voters support Ratas as prime minister

Friday, September 21, 2018

According to the results of a survey commissioned by daily Eesti Päevaleht (EPL) and conducted by Turu-uuringute AS, 31% of voting-age citizens of Estonia would prefer to see incumbent Jüri Ratas, chairman of the Centre Party, continue as Prime Minister of Estonia, while 23% would prefer to see Reform Party chairwoman Kaja Kallas as head of government. Support for Conservative People’s Party of Estonia (EKRE) chairman Mart Helme, while falling…