Taiwan’s largest commercial bank, state-owned Bank of Taiwan, plans to open a representative office in Lithuania, BNS reports, citing business news website Verslo Zinios. The Financial Supervisory Commission of Taiwan has approved the bank’s application to open an office in Lithuania. The Bank of Taiwan said that the office would help expand business operations in…
Latvia’s Office of Citizenship and Migration Affairs (PMLP) will inform altogether 4,650 Russian citizens on steps they need to take to be able to stay in Latvia after changes to the country’s law on immigration, LETA reports. Russian nationals with permanent residence permits must apply for the status of a permanent EU resident and pass…
Annual inflation in the Baltic States was highest in Estonia in June 2024, according to Eurostat data, BNS reports. Estonia’s harmonised annual inflation rate stood at 2.8% in June 2024, compared to 1.5% in Latvia and 1.0% in Lithuania. Compared to May 2024, prices rose by 0.5% in Estonia but remained unchanged in Latvia and…
Lithuania’s EU commissioner, Virginijus Sinkevicius, will step down, having been elected to the European Parliament, BNS reports. He served as European Commissioner for the Environment, Oceans and Fisheries since 2019. Sinkevicius has since been elected vice-president of the Greens/European Free Alliance group in the European Parliament. Saulius Skvernelis, chairman of the opposition Union of Democrats…
Latvian MEP Roberts Zile has been reelected one of the 14 vice-presidents of the European Parliament, LSM reports. He is the only Baltic MEP elected to the post so far. Zile is a member of the opposition National Alliance, which is a member of the European Conservatives and Reformists group. He has served as MEP…
Estonia has implemented an EU-wide ban on the entry of vehicles registered in Belarus, ERR reports. The new restriction does not apply in humanitarian cases and to cars with diplomatic licence plates. Latvia and Lithuania are implementing similar bans. Estonia’s Foreign Minister, Margus Tsahkna, noted that the Belarusian regime was directly contributing to Russia’s war…
The Baltic States, along with Nordic EU countries and Poland, will not send any ministers to Hungary during the country’s EU presidency, LETA reports. The move is in response to Hungarian Prime Minister Viktor Orbán’s visit to Russia. Lithuanian President Gitanas Nauseda will coordinate with other EU leaders on whether to attend a European Council…
Lithuania will enforce an EU ban on the entry of vehicles registered in Belarus as of 18 July 2024, LRT reports. The new ban applies to all passenger cars, regardless of the nationality of the owner or driver. Belarusian citizens with valid visas or residence permits can bring their own cars into Lithuania for personal…
Vehicles registered in Belarus are banned from entering Latvia as of 16 July 2024, the State Revenue Service (VID) announced, LSM reports. The ban applies to automotive vehicles as well as trailers and semi-trailers. Vehicles registered in Belarus that are already in Latvia will have to be reregistered. Non-compliant vehicles can be confiscated and transferred…