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Lithuania's Ignitis Group won't acquire wind farm project from Poland's Wento

Lithuania's state-run energy group Ignitis Group (formerly known as Lietuvos Energija (Lithuanian Energy) has withdrawn from the contract wi...

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Latvia’s Financial Intelligence Unit freezes EUR 212.5 million in January-September

In January-September this year, the Financial Intelligence Unit issued 266 orders to freeze possible proceeds of crime of EUR 212.5 million in t...

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President Nauseda disappointed at EU decision

President Gitanas Nauseda has expressed his disappointment after EU leaders failed in mid-October to invite North Macedonia and Albania to start...

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Army helicopter saves injured Russian citizen from tanker

A Lithuanian army helicopter saved an injured Russian citizen from a tanker, Lithuania's Ministry of National Defense said on October 18. Th...

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Lithuania extends refugee resettlement deadline

The Lithuanian government this week has extended until late June 2021 the deadline for meeting the country's commitment to take in over 1,00...

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Seimas speaker survives no-confidence vote

Speaker of the Lithuanian Seimas Viktoras Pranckietis has survived a second no-confidence vote as members of the ruling block failed to garner t...

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Lithuanian PM vows to balance 2020 budget

Prime Minister Saulius Skvernelis said on October 23 that his Cabinet's updated 2020 state budget plan will be balanced to comply with fisca...

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Lithuanian President Nauseda’s 100 days: his heart is in the right place

During the first 100 days of his presidency Gitanas Nauseda showed that his heart is in the right place. What he has not yet shown is whether he...

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Deal or no deal: Estonia & U.K take proactive and positive steps to seal with Brexit

There is a famous American comedy sketch of Abbot and Costello called “Who’s on First” where the more they talk about the play...

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Latvian tax system ranked 3rd most competitive among OECD members

Latvia has the third most competitive tax system among the member states of the Organization for Economic Cooperation and Development (OECD), ac...

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