The amount of VAT violations in Estonia doubled in the first seven months of 2023, according to the Estonian Tax and Customs Board (EMTA), BNS reports. EMTA inspected and advised 5,000 companies over the period, resulting in increased VAT obligations of EUR 35.8mn, which is twice as much as a year earlier and EUR 6mn…
A large fire broke out at Lithuanian waste management company Ecoservice’s sorting facility near the Gariunai marketplace in Vilnius on 5 August 2023, BNS reports. Mindaugas Sestokas, head of Ecoservice’s production division, said that non-hazardous waste had caught fire in the company’s sorting centre. Also, a fire broke out at state-owned hazardous waste management company…
Latvia’s average level of consumer prices increased by 6.4% in July 2023, compared to the corresponding period in 2022, according to data from the Central Statistical Bureau, LSM reports. Consumer prices were mainly influenced by the rise in food and non-alcoholic beverage prices and of goods and services related to housing, as well as by…
One person was killed during a severe storm in Lithuania on 7 August 2023, LRT reports. Lithuania’s Fire and Rescue Department (PAGD) announced that a woman was crushed to death by a falling tree in the town of Zagare in Joniskis district. The storm caused widespread damage in northern Lithuania, as hail broke windows and…
The UK flag carrier, British Airways, will resume flights from Latvia’s Riga International Airport to London Heathrow Airport as of 29 October 2023, LSM reports. The company will have three flights per week on the route. Fredis Bikovs, director of the Riga Investment and Tourism Agency (Live Riga), said that the flights would be important…
One person died and eight were injured during a severe thunderstorm in Latvia on 7 August 2023, LETA reports. Wind speeds reached up to 33 m/s in areas. The Emergency Medical Service (NMPD) had to provide assistance to people who were injured by falling trees and heavy hail. The storm and lightning caused major damage…
Estonia should prioritise trade with free democratic societies, where the political risk is smallest, Estonian MEP Urmas Paet (Reform/Renew Europe), deputy chairman of the European Parliament’s foreign affairs committee, argues. Writing in an opinion piece for ERR, Paet criticised Estonia’s state-run export promotion agency, Enterprise Estonia, for advocating closer economic ties with Vietnam, which has…
The volume of beer produced in the Baltic States declined in 2022, according to data published by Eurostat, LSM reports. Lithuanian breweries produced a total of 329 million litres of beer in 2022, which was down from 334 million litres in 2021. Beer production in Estonia amounted to 134 (145) million litres and in Latvia…
Estonia’s consumer price index (CPI) rose by 6.4% on year in July 2023, according to data from Statistics Estonia, ERR reports. Prices of goods rose by 8.1% and services by 3.1%. The increase in food and non-alcoholic beverage prices accounted for more than half of the total rise in consumer prices. At the same time,…