Regional branches of Lithuania’s ruling Homeland Union (TS-LKD) have proposed their preferred candidates for president in the upcoming elections in May 2024, BNS reports. Prime Minister Ingrida Simonyte was the favourite with 66 nominations, followed by Foreign Minister and TS-LKD chairman Gabrielius Landsbergis with 64 and Labour and Social Security Minister Monika Navickiene with 62….
The Latvian government does not plan to make major changes to taxation in 2024, Finance Minister Arvils Aseradens assured, LSM reports. He said that now was not a good time to make changes in VAT, labour taxes, personal income tax, or corporate income tax. However, the Ministry of Finance will propose raising the excise duties…
Estonia’s GDP will decline by 2.2% in 2023 and grow by 1.4% in 2024 and 4% in 2025, according to the Bank of Estonia’s latest forecast, ERR reports. In June 2023, the central bank projected a 1% drop in GDP in 2023 and a growth of 2.4% in 2024. Annual inflation will amount to 9.4%…
Lithuania’s presidential campaign is gathering pace, Linas Jegelevicius reports for Baltic News Network. Incumbent president Gitanas Nauseda has the lead in several polls, and he is expected to run for a second term. The ruling Homeland Union has started the process to choose the party’s presidential candidate. Potential names include Prime Minister Ingrida Simonyte, Defence…
Latvia’s Ministry of Finance plans to submit draft laws on the state budget for 2024 and budget plans for 2024-2026 to the parliament, the Saeima, on 3 November 2023, LETA reports. The government will discuss the budget at its next meeting. The new coalition government’s declaration pledges to carry out a “balanced social, environmental, and…
More prominent members of the opposition Estonian Centre Party (Keskerakond) have left the party after the election of Tallinn mayor Mihhail Kõlvart as the party’s new chairman, ERR reports. Former party board chair, Tallinn deputy mayor, and environment minister Tõnis Mölder and the party’s former defence spokesman, Neeme Väli, are the latest high-profile members to…
The Lithuanian parliament, the Seimas, has passed a resolution calling on NATO to invite Ukraine as a new member at the defence alliance’s next summit in Washington in July 2024, BNS reports. The unanimous resolution noted that Ukraine was a provider of security that would strengthen NATO. The MPs pointed out that having Ukraine as…
Latvia’s Ministry of Justice will propose banning vehicles registered in Russia and Belarus from staying in the country for more than three months, LSM reports. Under the proposed law, owners of Russian and Belarusian vehicles would have to re-register the vehicles in Latvia. Justice Minister Inese Libina-Egnere pointed out that keeping cars with Russian or…
Prosecutors in Estonia suspect fuel retailer Olerex and its co-owner, Andres Linnas, of submitting false information to the Estonian Environmental Board (Keskkonnaamet), ERR reports, citing Eesti Päevaleht. Prosecutor Gerd Raudsepp said that Linnas had ordered Olerex employees to submit false information on a diesel fuel shipment to Estonia in December 2022. The company claimed that…