Estonia’s parliament, the Riigikogu, has voted against forming a committee to investigate the Russian business interests of Prime Minister Kaja Kallas’s husband, ERR reports. Altogether 55 MPs voted against and 16 in favour of setting up the committee. Earlier, the parliament’s constitutional committee rejected the idea of a special committee, which would have been able…
Lithuanian footballers will not play against Russian teams, the Lithuanian Football Federation (LFF) stated, BNS reports. Earlier, the UEFA Executive Committee decided to readmit Russian youth teams to international competitions, while adult teams would remain disqualified until the end of the war in Ukraine. LFF president Edgaras Stankevicius said that the UEFA decision was “unexpected.”…
Latvia’s Riga Regional Court has sentenced former Ventspils mayor Aivars Lembergs to four years in prison and confiscation of property, LSM reports. The second-instance court found Lembergs guilty of taking bribes, money laundering, unauthorised participation in a property transaction, and falsification of documents. At the same time, the court acquitted him of charges of concealing…
Estonia’s Prime Minister, Kaja Kallas, has submitted the draft state budget for 2024 to the parliament, the Riigikogu, for debate, ERR reports. Budget revenues will amount to EUR 16.79bn, expenses to EUR 17.67bn, and investments to EUR 0.82bn. The budget deficit is estimated at EUR 1.19bn or 2.8% of GDP, and the government therefore plans…
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…