Lithuanian President Gitanas Nauseda called for a quick review of restrictions on the export of dual-use goods, BNS reports. Earlier, Economy Minister Lukas Savickas proposed relaxing the restrictions urgently. The previous government banned the export by air of several goods that Russia could use in its war against Ukraine to most third countries. Speaking in…
Parties in Latvia’s coalition government have postponed decisions on possible changes to the management of the country’s national air carrier, airBaltic, LSM reports. Prime Minister Evika Silina said that the government would wait for decisions of airBaltic’s shareholders. She noted that airBaltic was partly privately-owned, and that the government did not manage the company directly….
Latvia’s national air carrier, airBaltic, has no plans to ask the government for more money, CEO Martin Gauss stated, LSM reports. Speaking in an interview with LTV, Gauss said that the company had to raise additional capital from international investors on the stock market instead. Earlier, Klavs Vasks, chairman of airBaltic’s supervisory board, surmised that…
The Lithuanian government may change the terms of a tender for the right to build a second 700 MW offshore wind farm in the Baltic Sea, Energy Minister Zygimantas Vaiciunas announced, Baltic News Network reports. Speaking in an interview with Ziniu Radijas, Vaiciunas said that the Energy Ministry was looking for solutions to ensure the…
Lithuania should not support the ratification of the EU-Mercosur Association Agreement, Lithuania’s Agriculture Minister, Ignas Hofmanas, stated, Baltic News Network reports. Speaking in an interview with LRT, Hofmanas insisted that Lithuania should wait for the European Commission’s “detailed explanation” of the free trade agreement. Earlier, the rural affairs committee of the Lithuanian parliament, the Seimas,…
Latvia has taken over the presidency of the Baltic Council of Ministers (BCM) for 2025, LSM reports. The focus of the Latvian presidency will be on regional security and resilience, support for Ukraine, regional connectivity, energy security, and investments, the Latvian Foreign Ministry stated. Latvia would pay special attention to external borders, civil protection and…
Lithuania’s new government plans to establish a new ministry for regional policy, Interior Minister Vladislav Kondratovic announced, Baltic News Network reports. He suggested that the new ministry could be operational in 2026 and be located outside Vilnius, ELTA reported. He said that Lithuania would build on Poland’s “good practice and experience” in creating the ministry….
Raising Lithuania’s defence spending to 4% of GDP would allow the country’s new army division to reach full operational capacity by 2030, Lithuania’s defence chief, General Raimundas Vaiksnoras, stated, Baltic News Network reports. Lithuania’s new government has increased its borrowing limit for 2025 by around EUR 800mn. The full amount would raise the defence budget…
Lithuania’s new government plans to ease export controls on dual-use goods, LRT reports. Economy Minister Lukas Savickas said that the previous government had imposed the restrictions without consulting businesses first. He insisted that the restrictions must not harm exporters of high-tech products and should only be imposed if companies violate existing sanctions. An industry representative…