Latvia: Ministry urges keeping lower VAT for fruit, vegetables in 2024

Latvia’s Ministry of Agriculture has proposed that a reduced VAT rate on fresh fruit, berries, and vegetables should remain in place in 2024 as well, Baltic News Network reports. The ministry’s report showed that fruit and vegetable farms in Latvia expanded more rapidly than in other EU countries in 2017-2022. At the same time, imports…

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Lithuania: Court upholds state’s EUR 240mn claim against Veolia

Lithuania’s Court of Appeal has upheld a ruling of the Vilnius Regional Court in the Energy Ministry’s case against French energy group Veolia, Baltic News Network reports. The court rejected appeals from Veolia, Vilniaus Energija, and Litesko against the Energy Ministry’s claim of EUR 240mn in compensation for damages caused to the state. The Court…

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Latvia: Government postpones decision on Istanbul Convention

The Latvian government has postponed reviewing Welfare Minister Evika Silina’s (New Unity) proposed draft bill on the ratification of the Council of Europe’s Istanbul Convention on violence against women and domestic violence, LETA reports. One of the parties in the coalition government, United List, wanted to introduce additions to the draft bill. United List’s parliamentary…

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Latvia: Tax authority shuts down sanctioned Russian billionaire’s business

Latvia’s State Revenue Service (VID) has decided to shut down the business operations of Klaugu Muiza, which is ultimately owned by sanctioned Russian billionaire Pyotr Aven, LETA reports. At the same time, VID banned any reorganisation of the company and change of board members. The company owns the Klaugu Manor in Lazdona parish. The EU…

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Lithuania: Expert assessments of NATO’s Vilnius summit vary

NATO’s summit in the Lithuanian capital, Vilnius, was “truly historic,” Lithuania’s former chief of defence, Lieutenant General Valdas Tutkus, stated, Baltic News Network reports. He noted that the Baltic States received new security guarantees. Tutkus cautioned that the most “populist” demands could, if things went awry, lead to another world war. He argued that not…

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Latvia: Consumers worried about utility, electricity, food prices: poll

Latvian consumers are worried the most about the rising prices of utilities, electricity, and food products, according to a Norstat poll for Luminor Bank, Baltic News Network reports. The survey showed that 29% of respondents were worried the most about heating and other utility costs, another 29% about electricity costs, and 24% about food prices….

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