The decision of the three Baltic States to build a “Baltic defence line” is preparation for a possible Russian attack, Lithuanian Foreign Minister Gabrielius Landsbergis stated, BNS reports. He said that the move served as a political message, seeking to draw the attention of allies to the threat posed by Russia. “If Russia is not…
Russian dictator Vladimir Putin dreams of restoring the Russian Empire, as indicated by Russian propaganda and hybrid warfare, Latvian President Edgars Rinkevics stated, LETA reported. Speaking at the World Economic Forum in Davos, Rinkevics said that the Latvian government should remember that peacetime was over, stressing the need to boost the defence industry and defence…
US investment company Blackstone plans to sell Baltic-based Luminor Bank, according to Bloomberg, LETA reports. Blackstone expects to sell the bank for around EUR 1.9bn and to conclude the deal in 2024. Peter Priisalm, head of Avaron Investments, suggested that one potential buyer could be Polish insurance group PZU, while Valeria Kiisk, partner at Redgate…
Latvia’s Minister of Environmental Protection and Regional Development, Inga Berzina, has proposed renaming the ministry to the Ministry of Nature Protection and Regional Development, LETA reports. Earlier, environmental services were transferred to the Ministry of Climate and Energy. Berzina said that the name change could be implemented after the distribution of functions in July 2024….
The Latvian parliament, the Saeima, has approved in final reading amendments to merge the country’s public broadcasters, Latvijas Televizija (LTV) and Latvijas Radio, in 2025, LETA reported. Under the plan, the two companies will merge into a new public broadcasting corporation, Latvijas Sabiedriskais Medijs (LSM). Latvijas Radio’s trade union objected to the plan, arguing that…
Latvia’s Office of Citizenship and Migration Affairs (PMLP) has identified 985 Russian citizens who did not comply with the law on immigration and may therefore have to leave the country, LETA reports. The persons have two weeks to respond to notifications urging them to legalise their status. Some of the persons may already have left…
The Latvian parliament, the Saeima, has approved the seizure of the so-called Moscow House in central Riga, LSM reports. The state is likely to auction the property. The building used to serve as a Russian cultural centre owned by the Moscow city government. Latvia’s State Security Service (VDD) reported that the building was used to…
There will be no referendum against same-sex civil partnership in Latvia, LSM reports. A campaign to hold a popular referendum to suspend the publication of the new partnership law collected just some 15% of the around 155,000 signatures needed. The campaign, which was supported by the opposition United List, National Alliance, Latvia First, and For…
The Latvian government has outlined a comprehensive action plan to strengthen national security over the next few years, LETA reports. Key initiatives include securing allied presence, implementing NATO’s strategic concept, contributing to the EU’s security and defence policy, strengthening cooperation with transatlantic partners, and promoting EU-NATO cooperation. The plan prioritises dialogue with NATO member states,…