Posts published in Baltic states

Lithuanian civil servants obligated to report known cases of corruption

Tuesday, January 8, 2019

Civil servants in Lithuania are obligated to report known cases of corruption to the Special Investigation Service (STT), prosecutors or other pre-trial investigation bodies under new provisions in the Law on Corruption Prevention in place since January 1. Ruta Kaziliunaite, head of the Corruption Prevention Department at STT, says civil servants must report known cases of corruption if they have indisputable evidence of such activity. This obligation does not apply only…

Lithuania to call on EU not to hasten to adopt new budget

Tuesday, January 8, 2019

Lithuania plans to call on the European Union not to hasten to adopt the new multiannual budget. In preparation for a new round of budget talks, the Lithuanian government on Monday discussed its position before the EU General Affairs Council in meeting in Brussels on Tuesday. The meeting will follow the EU summit in December. Lithuanian Minister of Foreign Affairs Linas Linkevicius says it was agreed then the 2021-2027 budget…

Euro adoption strengthened Latvia’s independence – Kucinskis

Tuesday, January 8, 2019

Euro adoption strengthened Latvia’s independence, said Latvian Prime Minister Maris Kucinskis (Greens/Farmers) at a conference “Five Years with the Euro” today. He said that euro adoption was another corner stone, strengthening Latvia’s independence and promoting its accession to the group of the economically developed country. “Even though a new government has not been formed year, nobody is predicting any crisis that might threaten Latvia’s economic development and financial system,” Maris…

Latvian president decides to entrust third government formation attempt to New Unity

Tuesday, January 8, 2019

On Monday, 7 January, Latvian President Raimonds Vējonis decided to entrust the third attempt to form a government in the country to New Unity’s prime minister candidate Krišjānis Kariņš. Vējonis told journalists that Kariņš has been entrusted with development of the government’s declaration. The president stressed that the proposed five-party coalition should be ‘cooperative’ in the formation process. As it is known, the president met with leaders of political parties…

German Air Force jets to conduct training flights in Estonian airspace

Tuesday, January 8, 2019

German fighter jets stationed at the Amari air base in northwestern Estonia as part of NATO’s Baltic air policing mission will perform training flights in Estonian airspace from Monday to Friday. The German Eurofighter jets will be flying at an altitude of at least 152 meters and preferably away from populated areas, spokespeople for the Estonian defense forces said. A second air detachment of the NATO Baltic air policing mission…

Latvian president postpones nomination of PM candidate

Saturday, January 5, 2019

President Raimonds Vejonis has postponed the nomination of a prime minister candidate to possibly January 7, when he will have a meeting with the potential PM candidate Krisjanis Karins (New Unity), party representatives said after a meeting with the president today. Karins has been consulting with political parties for the past several weeks on the formation of a government under his leadership. He currently has the support of 50 MPs,…

Lithuania mulls immediate ban of television programs threating national security

Saturday, January 5, 2019

The Radio and Television Commission of Lithuania (LRTK), the country’s broadcasting regulatory body, initiated law amendments aimed at immediate cancelling of TV programs if they pose threat to national security, local media reported. “As we will have three elections this year and a referendum, LRTK proposed to have a safeguard and react immediately in cases if somebody would try to interfere the elections or the referendum,” Mantas Martišius, head of…

Latvian companies planning to invest less than Estonian, Lithuanian companies in 2019

Friday, January 4, 2019

Latvian large companies’ investment plans for this year are not as ambitious as the plans of Lithuanian and Estonian companies, Martins Panke, external communication manager of the Latvian branch of SEB Bank, told BNS. According to SEB Bank’s survey of the leading Baltic companies’ financial directors, 46 percent of large companies in Latvia are planning to invest in their business development this year, while the figure in Lithuania is 64…

Lithuania’s cumulative direct investment abroad reaches EUR 3.7 b

Friday, January 4, 2019

Lithuanian companies’ cumulative direct investment abroad totaled 3.7 billion euros in late September 2018, a rise of 19% compared with a year ago, informed LETA/BNS. 90% of Lithuania’s direct investment was in EU member states and 65.1 % in euro area countries alone, the Bank of Lithuania and Statistics Lithuania said in a joint press release on Thursday. The Netherlands was the number-one destination for Lithuania’s direct investment with 705.7…

Latvia’s population slightly down in 2018, migration at ”zero” level – statistics

Friday, January 4, 2019

Last year the number of Latvia’s population slightly decreased, but it is related with a smaller number of newborns in the country, not with migration, said Central Statistical Bureau head Aija Zigure in an interview with commercial LNT television today. She said that the data on the population are preliminary and will be finalized in a couple of months. According to the preliminary data, the number of population in Latvia…