The Latvian government may impose a new surplus profit tax on individual banks as of 2025, Economy Minister Viktors Valainis has announced, LSM reports. The tax could be levied for two years. Valainis argued that the tax would incentivise banks to increase their lending significantly. Banks that increased their volume of lending could then be…
Lithuanian President Gitanas Nauseda called for limiting the number of immigrants entering the country, BNS reports. Speaking on LRT, Nauseda argued that “uncontrolled immigration was, first and foremost, a national security issue.” Given the “demographic hole” that Lithuania faces, failure to control immigration could lead to “outcomes none of us want,” Nauseda stated. He insisted…
Latvian Foreign Minister Baiba Braze has called for severing economic ties with Russia and Belarus “to the maximum,” LSM reports. She insisted that Latvia must continue to decontaminate itself from Russian influence, stressing that economic security was as important for national security as military security. Braze reiterated the need for robust EU sanctions against Russia…
The Latvian government has confirmed Normunds Mezviets as director general of the State Security Service (VDD) for a third consecutive five-year term, the Ministry of Interior announced, LSM reports. Announcing the nomination, Interior Minister Rihards Kozlovskis said that living under conditions of hybrid warfare requires professional and patriotic leadership that takes care of national security,…
National security, defence, and education will remain the main priorities of Lithuania’s state budget in 2025, Prime Minister Ingrida Simonyte stated, BNS reports. Speaking in an interview with Info TV, Simonyte said that the government would spend a large part of budget revenues to raise pensions, increase teacher salaries, and service the public debt. The…
Lithuanian Defence Minister Arvydas Anusauskas will resign, the government announced, LRT reports. Prime Minister Ingrida Simonyte explained that the government wanted to do “more and faster” for Lithuania’s security. Anusauskas revealed that Simonyte had offered him another post but he had refused. The minister said that the offer to swap posts was “unexpected.” Simonyte named…
Latvian police have arrested the suspect in a fire bomb attack on the office of Solvita Viba, director of the Museum of the Occupation of Latvia, LETA reports. Interior Minister Rihards Kozlovskis commended law enforcement for their swift work and noted the seriousness of the crime, considering it a threat to national security. He expects…
The Lithuanian government has banned military staff, border guards, and police officers from travelling off-duty to Russia, Belarus, and China, BNS reports. The Defence Ministry noted that Russia, Belarus, and China posed threats to Lithuania’s national security, including through espionage. Intelligence authorities in the three countries collect information on Lithuanian citizens with access to classified…
Lithuania’s State Defence Council (VGT) has agreed to buy German-made Leopard 2 tanks for a planned new army division, Kestutis Budrys, chief national security adviser to President Gitanas Nauseda, announced, BNS reports. The council tasked the Defence Ministry to begin negotiations with German manufacturers and other countries interested in procuring the equipment. Also, the council…