The fugitive Russian banker, Vladimir Antonov, has finally been extradited from France to Lithuania, BNS reports. Earlier, France’s highest court rejected Antonov’s appeal against extradition. In December 2025, he was arrested in western France, where he had been living under an assumed identity. Antonov and his Lithuanian business partner, Raimondas Baranauskas, have both been convicted…
France’s highest court, the Court of Cassation, has refused to hear the appeal of fugitive Russian businessman Vladimir Antonov against his extradition to Lithuania, BNS reported. Antonov was detained in France in December 2025 under a European arrest warrant issued by Lithuanian prosecutors. Earlier, a court in Lithuania convicted Antonov and his business partner, Raimondas…
The Estonian government has issued EUR 1bn worth of bonds to cover the state budget deficit and to provide more liquidity, ERR reports. The bonds mature in May 2036 and carry a yield to maturity of 3.609%. More than 100 investors, mostly banks, pension funds, and European investment funds, subscribed to over EUR 2.2bn in…
A court in France has ruled to extradite Russian banker Vladimir Antonov to Lithuania, where he has been found guilty of large-scale fraud, AFP reports. Antonov was detained in western France in December 2025, following a European arrest warrant issued by Lithuania. Antonov’s lawyer, Henry Ermeneux, said that his client would appeal the court ruling,…
Estonia’s central bank, the Bank of Estonia, has recommended that residents keep about a week’s worth of cash at home, ERR reports. Rainer Olt, head of payment and settlement systems at the Bank of Estonia, stressed that cash reserves were necessary in case of disruptions to electronic payment systems. Around 8% of Estonians prefer to…
Estonia’s Finance Ministry has drafted legislative amendments that would grant the Financial Intelligence Unit (FIU) explicit authority to access banking data to combat money laundering, ERR reports. Under the law, banks would not be allowed to inform clients about such inquiries. Earlier, following criticism from Chancellor of Justice Ülle Madise, Justice Minister Liisa Pakosta restricted…
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in 2025, which was an increase of more than double from 2024, The Baltic Times reported. The volume of local bonds issued totalled EUR 1.37bn, which was up 42% over a year. The number of Baltic companies issuing bonds reached a…
Latvian monetary financial institutions (MFIs), mainly banks, generated an aggregate profit of EUR 341.7mn in 2025, which was down 34.5% from EUR 521.4mn in 2024, according to the Bank of Latvia, LETA reports. MFIs had assets totalling EUR 31.687bn at the end of 2025, which was up 5.9% from EUR 29.913bn a year earlier. The…
Less than half of Latvians saw their income rise in 2025, according to a Norstat survey for Luminor Bank, LSM reports. In the survey, 41% of Latvian residents reported that their income had increased in 2025. Specifically, 27% said that their income had increased by up to 10%, another 10% by 10-15%, and 7% by…