Estonia: IMF, OECD urge budget cuts, tax reform

The International Monetary Fund (IMF) recommended that the Estonian government stabilise public debt by limiting budget spending and increasing revenue, ERR reports. IMF experts warned that if current policies continued, public debt would become unsustainable. GDP growth alone will not solve the country’s long-term challenges, they pointed out. Achieving more sustainable growth would require increasing…

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Lithuania: Far-right party leader investigated for fraud

Lithuania’s Financial Crime Investigation Service (FNTT) carried out searches at the homes and in the offices of MP Remigijus Zemaitaitis, leader of the far-right populist party, Dawn of Nemunas (PPNA), and another PPNA MP, Daiva Petkeviciene, BNS reported. FNTT also searched PPNA’s party headquarters in Vilnius. The investigation focuses on whether the two MPs committed…

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