Baltic: Members of US House Baltic Caucus visit Latvia, Lithuania

US congressmen Donald Bacon of Nebraska and Salud Carbajal of California have visited the Baltic States, LSM reports. In Latvia, the two members of the US House of Representatives met with Prime Minister Evika Silina, Foreign Minister Baiba Braze, and Defence Minister Andris Spruds to discuss political, economic, and defence cooperation, the NATO summit in…

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Lithuania: EU commissioner quits post to take up EP seat

Lithuania’s EU commissioner, Virginijus Sinkevicius, will step down, having been elected to the European Parliament, BNS reports. He served as European Commissioner for the Environment, Oceans and Fisheries since 2019. Sinkevicius has since been elected vice-president of the Greens/European Free Alliance group in the European Parliament. Saulius Skvernelis, chairman of the opposition Union of Democrats…

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Baltic: EU allocates another EUR 1.2bn for Rail Baltica project

The European Commission will allocate an additional EUR 1.2bn of EU funds for the construction of the Rail Baltica railway, the project’s coordinator, RB Rail, announced, LSM reports. Of the sum, around EUR 370mn will go to Estonia, EUR 346mn to Latvia, and EUR 458mn to Lithuania. Together with national co-financing, total available funding will…

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Lithuania: President hints replacing health, agriculture ministers

Lithuanian President Gitanas Nauseda has hinted at the possible replacement of a few government ministers, expressing particular dissatisfaction with the performance of the ministers of health and agriculture, BNS reports. Nauseda has had preliminary discussions with Prime Minister Ingrida Simonyte about the possible changes, emphasising the necessity of action despite the approaching parliamentary elections. The…

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Lithuania: Parliament mandates licences on crypto companies

The Lithuanian parliament, the Seimas, has approved legislation tightening the supervision of virtual currency companies, BNS reports. Under the amendments, crypto asset companies will have to obtain licences from the Bank of Lithuania. The amendments implement the European Regulation on Markets in Crypto-Assets (MiCA). Market participants have until June 2025 to be licensed. The central…

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