US-based credit rating agency Fitch Ratings has reaffirmed Latvia’s sovereign credit rating at A-, which is unchanged from the previous rating in February 2023, LSM reports. At the same time, the agency revised its rating outlook from stable to positive. Fitch noted that Latvia had eliminated its dependence on Russian energy imports and reduced non-energy…
Latvia’s Foreign Ministry plans to ask other Schengen Area countries to consider a unified approach to the entry of Belarusian and Russian citizens to the EU, Baltic News Network reports, citing LSM. Earlier, a group of Russian citizens arrived in Latvia as part of an Azerbaijani football team, using Schengen visas issued by a third…
Latvia’s state real estate management company, Valsts Nekustamie Ipasumi (VNI), has taken over a project to build a fence on the country’s border with Russia from the State Security Service (VDD), LSM reports. VNI board chairman Renars Griskevics said that construction work would resume at the end of 2023. However, the final deadline for the…
Lithuania’s preparedness for possible threats is adequate for the current situation, Prime Minister Ingrida Simonyte stated, LRT reports. She was commenting reports that Russian private military company Wagner Group’s mercenaries had arrived in neighbouring Belarus. Simonyte said that Lithuanian intelligence agencies were monitoring the situation in Belarus and exchanging information with allied partners. Defence Minister…
Latvia’s State Security Service (VDD) is investigating whether the decision of Latvian gas company Latvijas Gaze’s shareholder meeting to pay dividends to one of the company’s owners, Itera Latvija, violates EU sanctions on Russia, LETA reports, citing TV3. VDD stressed that providing financial resources to sanctioned entities, directly or indirectly, was prohibited. Latvijas Gaze insisted…
The editor-in-chief of Russian propaganda agency Sputnik’s Lithuanian edition, Marats Kasems, has fled Latvia, fearing criminal prosecution, Maria Zakharova, spokeswoman for Russia’s Foreign Ministry, announced, LETA reports. Riga-based Russian independent news website Meduza reported that Kasems was now in Russia. Meanwhile, his Facebook page indicates that he is currently in the UK. Earlier, Kasems pled…
The foreign ministers of the three Baltic States have sent a letter to the International Olympic Committee (IOC), expressing concern about recommendations to allow athletes from Russia and Belarus to compete at the 2024 Olympic Games in Paris under a neutral flag, BNS reports. In their joint letter to IOC president Thomas Bach, the ministers…
The climate and energy ministers of the three Baltic States have agreed to bring forward the synchronisation of the Baltic power grids with the continental European system to February 2025, BNS reports. The national transmission system operators will now agree on the technical details, after which the prime ministers of the three countries will make…
Lithuania’s State Defence Council (VGT) has instructed the government to agree with Latvia and Estonia on the synchronisation of the Baltic power grids with the continental European system and disconnection from Russia’s BRELL system by February 2025, BNS reports. Kestutis Budrys, chief national security adviser to President Gitanas Nauseda, said that there was “no fundamental…
