The European Commission has granted EUR 6.8mn of financial support for Latvia’s agricultural sector, LSM reports. Latvia had requested EUR 11mn of EU aid. Agriculture Minister Didzis Smits noted that the support accorded to Latvia was proportionally the largest amount of aid granted. The support is intended for industries negatively impacted by the war in…
The European Commission’s latest rule of law report urges Estonia to adopt legislation to improve the regulation of political party financing, BNS reports. The report raises concern that there are no transparent and objective rules on the financing of civil society organisations by the Estonian parliament, the Riigikogu, from the state budget. Also, the report…
The European Commission has approved a financing package of EUR 305mn from the Connecting Europe Facility for transport infrastructure projects in Latvia during the 2021-2027 financial period, the Ministry of Transport announced, Baltic News Network reports. The ministry will allocate the funds to several key initiatives, including EUR 298mn for the Rail Baltica railway project,…
Lithuania has submitted a request to the European Commission, seeking a loan of over EUR 1.8bn from the EU’s Recovery and Resilience Facility (RRF) for investments, Baltic News Network reports. Finance Minister Gintare Skaiste said that around EUR 1bn would be allocated for loans to businesses and industry, while an additional EUR 700mn would be…