The Baltic States support banning the import of grain from Russia and Belarus into the EU, according to the Lithuanian Transport Minister, Marius Skuodis, BNS reports. He discussed the issue with Latvian Transport Minister Kaspars Briskens and Estonian Climate Minister Kristen Michal. The ministers agreed to coordinate actions and avoid national initiatives. Earlier, Skuodis noted…
Hong Kong-based investment firm PAG Private Equity will acquire full control of Latvia’s Food Union Group, which produces ice cream and other frozen foods, LSM reports. PAG expects to complete the transaction in the first quarter of 2024. Food Union will continue under present management and business structure. PAG has been an investor in Food…
Russian President Vladimir Putin has increased efforts to create the information conditions for a future escalation against the Baltic States, according to the US-based Institute for the Study of War (ISW), LRT reports. Putin asserted that Latvia’s moves to expel Russian citizens “directly affected Russia’s security.” Earlier, Latvia’s Office of Citizenship and Migration Affairs (PMLP)…
The Lithuanian Migration Department (LMD) has found several Lithuanian citizens with family ties to persons under EU sanctions, BNS reports. LMD started the investigation after media reported that two of Russian billionaire Roman Abramovich’s children have Lithuanian citizenship and may have helped him evade sanctions. LMD is now checking thousands of people and plans to…
The Baltic States continue to have the highest loan interest rates in the eurozone, according to data from the European Central Bank (ECB), ERR reports. The average interest rate in the three Baltic countries was 5.9% at the end of November 2023. The eurozone average stood at 4.1%. Meanwhile, the average interest on consumer loans…
Satisfaction with life in the Baltic States was lowest in Latvia in 2022, according to Eurostat data, LSM reported. Residents in Latvia rated their overall life satisfaction at just 6.8 out of 10 points in 2022, which was up from 6.7 in 2021. The indicator stood at 7.1 (7.0) points in Lithuania and 7.2 (7.2)…
Lithuania’s Prosecutor General, Nida Grunskiene, has asked the parliament, the Seimas, to remove legal immunity from MP Remigijus Zemaitaitis, BNS reports. The move will allow Zemaitaitis to be prosecuted for inciting hatred against a group of people. The opposition MP posted antisemitic texts on social media, claiming that Jews deported and killed Lithuanians during WW2….
Lithuania’s Justice Minister, Ewelina Dobrowolska, warned against “populism” over the issue of Russian schools, BNS reported. Earlier, Education Minister Gintautas Jakstas suggested that Lithuania follow Estonia and Latvia in closing Russian schools. Speaking in an interview with Ziniu Radijas, Dobrowolska conceded that minority education faced challenges but insisted that they be dealt with by ensuring…
Latvia and Lithuania were among the largest exporters of beer to Russia in 2023, LRT reported, citing Russian news agency RIA Novosti. According to the report, the value of Lithuania’s beer exports to Russia amounted to USD 36.5mn in 2023, which was up by 1.9 times from 2022, accounting for just over 15% of Russia’s…