The Latvian government has extended the enhanced border surveillance regime on the country’s border with Belarus until the end of 2024, LSM reports. Prior to the decision, the regime was set to end on 12 September 2024. The Ministry of Interior said that the reinforced border protection regime ensured the inviolability of the state border…
Latvia’s Transport Minister, Kaspars Briskens, has no intention to resign despite criticism of his communication, LSM reports. Earlier, President Edgars Rinkevics and Prime Minister Evika Silina criticised the minister’s messaging on the future of the country’s national air carrier, airBaltic, and the Rail Baltica railway project. Speaking after a meeting with Briskens, Rinkevics said that…
The Latvian state is negotiating with a well-known strategic investor on the possible acquisition of a 10% stake in the country’s national air carrier, airBaltic, according to LTV’s information, LSM reports. Klavs Vasks, chairman of airBaltic’s supervisory board, confirmed that the unnamed strategic investor could acquire a minority stake in the company. In 2023, Prudentia…
Estonian President Alar Karis stressed that the state budget must remain under strict parliamentary control, BNS reported. Speaking at the opening of the autumn session of the Estonian parliament, the Riigikogu, Karis said that MPs should not engage in bargaining for budget funds for their supporters, but instead focus on making the most important decisions…
The Latvian state will have to borrow at least EUR 3bn annually for the next four years, Kaspars Abolins, head of the State Treasury, announced, LETA reports. He said that the state needed to refinance earlier Eurobonds and finance the state budget deficit and loans to local governments. The plan was to raise the money…
The Latvian government plans to restrict the ability of Russian citizens to buy land in Latvia, LETA reports. The ruling three-party coalition has agreed on the plan conceptually, following a proposal from the Ministry of Agriculture. The government will analyse the example of similar draft legislation in Finland. Latvian Foreign Minister Baiba Braze has discussed…
The Estonian government will not raise wages for teachers in 2025, ERR reports. The Estonian Educational Personnel Union (EHL) has demanded that basic teacher salaries start at the level of the national average wage. However, Education Minister Kristina Kallas noted that the state did not have the money to meet EHL’s demand, which would require…
Latvia’s Financial Sector Development Board (FSAP), chaired by Prime Minister Evika Silina, reviewed the country’s anti-money laundering (AML) measures during a meeting on 5 September 2024, LSM reports. The Financial Intelligence Unit (FID) reported on Latvia’s progress in relation to the Council of Europe’s evaluation of the country’s AML efforts. The meeting also addressed concerns…
The Estonian Defence Forces (EDF) warned that war would ravage Estonia if the government failed to purchase additional ammunition as requested, ERR reports. EDF has requested EUR 1.6bn worth of ammunition. EDF commander General Andrus Merilo said that if only half of the ammunition was purchased, all combat operations during war would take place on…