Polish Prime Minister Donald Tusk assured that Poland’s solidarity with Lithuania in case of an attack was “unquestionable,” BNS reported. Earlier, Lithuanian Prime Minister Ingrida Simonyte raised concerns about Polish commitment to defending Lithuania, despite NATO obligations. Simonyte explained that she was referring to “legal restrictions” on Poland sending troops abroad in case of war….
The number of border violations on Latvia’s eastern border with Belarus is increasing amid warmer weather, State Border Guard (VRS) chief Guntis Pujats announced, LSM reports. He noted that the situation on the border remained calm in January and early February 2024, but that the number of attempts to cross the border illegally had picked up…
Polish farmers are holding a week-long protest at the Lithuanian border, collaborating with authorities to check incoming trucks for Ukrainian grain, BNS reports. While some trucks have been diverted for inspection, most vehicles are being allowed to flow freely and no traffic jams have occurred. The farmers allege that Ukrainian grain is being falsely labelled…
Polish farmers have begun a week-long partial blockade of the Lithuanian border, BNS reports. The farmers are protesting against the EU’s environmental policies and the import of Ukrainian agricultural products. Polish authorities, not the farmers themselves, will conduct official checks, focusing on the origin of grain, particularly potential Russian imports disguised as Ukrainian. The farmers…
New players will enter the Lithuanian banking market in 2024, Simonas Krepsta, board member of the Bank of Lithuania, announced, BNS reports. Speaking in an interview with LRT, Krepsta said that Polish banks had contacted Lithuanian regulators and the business community. He noted that the Lithuanian banking sector was “exceptionally profitable.” Earlier, Poland’s Bank Pekao…
Lithuania and Poland plan to hold joint military exercises in the so-called Suwalki Gap, Lithuanian President Gitanas Nauseda announced, BNS reports. Speaking after a meeting with Polish President Andrzej Duda in Vilnius, Nauseda suggested that the exercise could take place in April 2024. He said that the two countries would undertake joint measures to increase…
Building unified Baltic defence infrastructure should be coordinated with Finnish and Polish military experts, Latvian President Edgars Rinkevics stated, LETA reports. Baltic cooperation with Finland and Poland was necessary to create an effective defence mechanism, he said. At the same time, Rinkevics reminded that Latvia was part of NATO’s defence planning. He discussed the issue…
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…
Lithuania’s Foreign Ministry hosted the annual foreign and security policy conference, Snow Meeting, in Vilnius on 12 January 2024, Baltic News Network reported. The conference was attended by the foreign ministers of Lithuania, Poland, Romania, and Sweden, as well as political leaders and security policy experts from several countries. The participants discussed support for Ukraine…