Lithuania: Agriculture Minister opposes EU-Mercosur trade deal

Lithuania should not support the ratification of the EU-Mercosur Association Agreement, Lithuania’s Agriculture Minister, Ignas Hofmanas, stated, Baltic News Network reports. Speaking in an interview with LRT, Hofmanas insisted that Lithuania should wait for the European Commission’s “detailed explanation” of the free trade agreement. Earlier, the rural affairs committee of the Lithuanian parliament, the Seimas,…

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Estonia: President rejects amendment halting oil shale mining

Estonian President Alar Karis has rejected an amendment to the law on the use of natural resources, ERR reports. The legislative changes would suspend oil shale mining permits until 2026, allowing time to assess the industry’s compliance with EU climate goals. The president argued that the amendment ran counter to the Constitution and imposed disproportionate…

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Latvia: Parliament introduces excess profit tax on banks for three years

The Latvian parliament, the Saeima, has passed in final reading a new tax on local credit institutions, LETA reports. Under the new law, credit institutions registered in Latvia and branches of foreign credit institutions will have to make quarterly solidarity contributions for the next three years. The tax will amount to 60% of their excess…

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Lithuania: President approves new cabinet without environment, justice ministers

Lithuanian President Gitanas Nauseda has approved the country’s new cabinet of ministers, BNS reports. He described the incoming centre-left government as more capable than the outgoing centre-right government of Prime Minister Ingrida Simonyte. The Lithuanian Social Democratic Party (LSDP) will hold the post of prime minister and will have nine ministers in the new government,…

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Lithuania: Legitimacy of Georgian parliament under question: presidential adviser

Georgia’s new parliament is not entirely legitimate, Asta Skaisgiryte, chief foreign policy adviser to Lithuanian President Gitanas Nauseda, stated, LRT reports. If the parliament elects a new president, then the legitimacy of the president would be under question as well, she noted. Speaking in an interview with LNK, Skaisgiryte announced that Lithuania would offer refuge to…

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