The Lithuanian parliament, the Seimas, has confirmed the ruling Homeland Union’s Ingrida Simonyte as prime minister in a vote of confidence, BNS reports. Altogether 69 MPs voted for Simonyte, while 30 voted against and 25 abstained. The prime minister will now have to agree with the president on ministerial appointments. In Lithuania, the government resigns…
Lithuanian President Gitanas Nauseda has hinted at the possible replacement of a few government ministers, expressing particular dissatisfaction with the performance of the ministers of health and agriculture, BNS reports. Nauseda has had preliminary discussions with Prime Minister Ingrida Simonyte about the possible changes, emphasising the necessity of action despite the approaching parliamentary elections. The…
Estonian President Alar Karis has tasked Kristen Michal of the Estonian Reform Party with forming a new coalition government, ERR reports. Michal now has 14 days to form a government. He expects a new coalition agreement to be ready by the end of this week. The coalition will consist of the same three parties as…
The Lithuanian parliament, the Seimas, has approved legislation tightening the supervision of virtual currency companies, BNS reports. Under the amendments, crypto asset companies will have to obtain licences from the Bank of Lithuania. The amendments implement the European Regulation on Markets in Crypto-Assets (MiCA). Market participants have until June 2025 to be licensed. The central…
A public petition in Latvia is collecting signatures for a ban on the Chinese social media network, TikTok, LSM reports. The author of the initiative, Arturs Babuskins, stated that the social media application was used to “glorify Russian crimes, incite hatred, and divide society.” Moreover, the petition cites data security concerns. Public petitions need at…
Lithuanian President Gitanas Nauseda was inaugurated as president for a second term on 12 July 2024, LRT reports. In his inaugural address, Nauseda pledged to strengthen national security, defend Lithuanian interests in foreign policy, continue supporting Ukraine, and foster ties with the US. He called for raising Lithuania’s defence budget to 4% of GDP by…
Estonian Prime Minister Kaja Kallas has submitted her resignation to President Alar Karis, ERR reports. Kallas will also resign from her post as chairperson of the Estonian Reform Party. Earlier, she was nominated as the EU’s foreign policy chief. Kallas will remain acting head of the government until the new coalition is sworn into office, which…
Estonian Finance Minister Mart Võrklaev suggested floating the company coordinating the Rail Baltica railway project, RB Rail, on the stock exchange to raise more funds amidst rising construction costs, ERR reports. Construction costs in Estonia alone are estimated at EUR 3.1bn, with EUR 1.2bn secured from EU funding. Võrklaev said that the government expected to have…
The Latvian government has approved an updated national energy and climate plan, aimed at meeting the EU’s climate targets by 2030, LSM reports. The plan outlines five key areas: decarbonisation and renewable energy, energy efficiency, energy security, integration with the EU’s internal energy markets, and research, innovation, and competitiveness. The plan includes around 250 measures…