Lithuania: Opposition party exits national defence agreement

Lithuania’s opposition Union of Democrats for Lithuania (DSVL) will withdraw from a national defence agreement signed by all parliamentary parties in July 2022, BNS reports. Under the deal, the parties pledged to keep defence spending above 2.5% of GDP and increase the number of military conscripts. DSVL announced its exit from the pact after the…

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Latvia: State to cover 60% of electricity distribution fee

Latvia’s parliament, the Saeima, has approved amendments to partially compensate electricity distribution tariffs in 2023, LSM reports. The government will cover 60% of the fixed part of electricity distribution tariffs from September 2023 until the end of the year, reducing electricity bills by an average of 18%. The support measure will cost around EUR 30.5mn,…

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Estonia: Central bank criticises relaxed budget rules, bank taxation

Estonia’s central bank, the Bank of Estonia, opposes the government’s plan to replace Estonia’s self-imposed budgetary discipline rules with the EU’s less stringent budget rules, ERR reports. Ülo Kaasik, vice-president of the Bank of Estonia, insisted that changing the rules simply because of an inability to meet them was never a good idea. He warned…

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Latvia: Parliament approves new three-party coalition government

Latvia’s parliament, the Saeima, has approved a new coalition government led by Evika Silina with 53 votes for and 29 against, LSM reports. The three-party coalition consists of Silina’s centre-right New Unity party, the conservative Union of Greens and Farmers (ZZS), and the social-democratic Progressives. New Unity’s previous coalition partners, the National Alliance and the…

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Latvia: Defence minister candidate’s statements slammed on social media

Social media users in Latvia have highlighted statements by Andris Spruds, potential candidate for minister of defence, about the Latvian state and Russian-occupied Crimea, Baltic News Network reports. Speaking in an interview on the Russian-language radio station, Radio Baltkom, in January 2013, Spruds contested the legal continuity of the Latvian republic. Also, he asserted that…

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Lithuania: EU Commissioner urges speedier execution of tax reform

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…

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Latvia: New coalition government could be approved next week

Latvia’s prime minister-designate, Evika Silina, expects the parliament, the Saeima, to approve her new coalition government on 15 September 2023, LSM reports. Besides the post of prime minister, Silina’s New Unity party is likely to head the ministries of finance, economy, foreign affairs, interior affairs, justice, education, and energy. The Union of Greens and Farmers…

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