The Russian NGO, Anti-Corruption Foundation (FBK), which was founded by jailed Russian opposition leader Alexey Navalny, has asked the Baltic States to reconsider a ban on cars with Russian licence plates, LRT reports. FBK chairwoman Maria Pevchikh published letters that the organisation sent to Baltic governments, arguing that the ban undermined and discredited sanctions against…
Lithuania’s decision to distance from China and forge closer ties with Taiwan is one of the government’s most influential foreign policy initiatives, LRT reports. The move is part of Lithuania’s “values-based foreign policy,” which touts the country as a “freedom-loving outpost” in an increasingly authoritarian region. At the same time, officials admitted that the move…
Latvia’s Corruption Prevention and Combating Bureau (KNAB) has searched the offices of the municipal administration in Valmiera, LSM reports. KNAB detained Valmiera’s mayor, Janis Baiks, and other officials as part of the criminal investigation. The officials and representatives of several companies are suspected of misappropriating more than EUR 4mn of funds from the European Regional…
The Baltic States have banned motor vehicles with Russian license plates from entering, ERR reports. Earlier, the European Commission issued new guidelines on EU sanctions, according to which cars registered in Russia are not allowed to enter EU territory. The ban applies to the entry of both commercial and private vehicles through the borders with…
Lithuanian President Gitanas Nauseda urged the EU to begin membership negotiations with Ukraine in 2023, BNS reports. Speaking after a meeting with European Commission Executive Vice-President Valdis Dombrovskis, Nauseda argued that a clear European perspective would inspire Ukrainians to continue fighting for their country. He said that Lithuania was ready to share its experience and…
The European Commission (EC) is not considering paying subsidies to cover the cost of transporting Ukrainian grain through Baltic ports, EC Vice-President Valdis Dombrovskis stated. Speaking in an interview with BNS, Dombrovskis said that the EC may provide financing for removing administrative or infrastructure bottlenecks, however. Also, the EC supported Lithuania’s proposal to move customs,…
Lithuania risks losing millions of euros in EU funds if key reforms, including a tax reform, are not implemented, European Commission (EC) Vice-President Valdis Dombrovskis warned, LRT reports. Dombrovskis will discuss the progress of the tax reform package with Prime Minister Ingrida Simonyte and Finance Minister Gintare Skaiste in Vilnius on 7-8 September 2023. Dombrovskis…
Many Estonian companies continue doing business with Russia, ERR reports. Altogether 500-600 Estonian businesses still trade goods with Russia. The total value of goods exported from Estonia to Russia has not changed since Russia’s full-scale invasion of Ukraine in 2022, when it amounted to EUR 50-70mn per month. This is partly due to the rise…
The financial intelligence units (FIU) of the Baltic States have conducted a first joint study of cash flows in the region, BNS reports. The study showed that the risks and vulnerabilities related to the flow of cash have changed in the region in 2019-2022. While there is a significant flow of cash from all three…