Lithuania: Labour Party leader suspected of fraud

The European Public Prosecutor’s Office (EPPO) is investigating former Lithuanian MEP Viktor Uspaskich (Viktoras Uspasckichas) for possible fraud, LRT reports. EPPO suspects Uspaskich, founder and leader of the opposition Labour Party, of hiring fake assistants to misappropriate more than EUR 500,000 from the European Parliament. In April 2024, police searched the offices of the Labour…

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Lithuania: President doubts call for EU sanctions on Israel

Lithuanian President Gitanas Nauseda expressed “serious doubts” about a proposal from EU foreign policy chief Josep Borrell to sanction some Israeli ministers, BNS reports. Earlier, Borrell called for sanctions against Israeli ministers for statements that he said amounted to inciting war crimes. Nauseda pointed out that EU member states had very differing, sometimes diametrically opposing…

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Lithuania: Bank of Taiwan may compete with major banks

Lithuania’s central bank, the Bank of Lithuania, has called on Taiwan’s state-owned Bank of Taiwan (BOT) to provide as diverse banking services in Lithuania as possible, BNS reports. Earlier, business news outlet Verslo Zinios reported that BOT had obtained regulatory approval to open a representative office in Lithuania. Lukas Jakubonis, chief business development officer at…

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