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…
Estonian MPs visiting China should not have allowed China to pay for their travel costs, Marko Mihkelson, chairman of the foreign affairs committee of the Estonian parliament, the Riigikogu, stated, ERR reports. Pointing to China’s support for Russia’s war against Ukraine and opposition to NATO enlargement, Mihkelson said that it would have been better if…
Estonia was “very disappointed” that Mongolia decided to welcome Russian President Vladimir Putin, Estonian Foreign Minister Margus Tsahkna said, BNS reports. He reminded that all parties to the Rome Statute are obligated to comply with the arrest warrant issued by the International Criminal Court (ICC) against Putin. The fact that the Mongolian government decided to…
The Lithuanian parliament, the Seimas, has approved the nomination of former prime minister, MEP Andrius Kubilius for Lithuania’s EU commissioner, BNS reports. Altogether 70 MPs voted in favour and 24 against, while 15 abstained. Kubilius said that Lithuania should seek portfolios related to defence, security, and EU enlargement in the new European Commission. He noted…
Estonian Foreign Minister Margus Tsahkna urged Western countries to lift all restrictions on Ukraine’s use of Western weapons in the war with Russia, ERR reports. “Ukraine cannot fight with its hands tied behind its back and yet win this war,” he stated. Also, he called for caution over various “peace initiatives” to end the war,…
Lithuanian courier company DHL Lietuva has confirmed that packages that caused a fire at warehouses in Germany were sent from Lithuania, LRT reports. Mindaugas Pivoriunas, managing director of DHL Lietuva, revealed that there had been two such incidents. He said that the company had updated its security protocols and procedures. The two parcels sent from…
Hungary is siding with Russia in the war against Ukraine, Estonian Foreign Minister Margus Tsahkna suggested, ERR reports. Speaking on ETV, Tsahkna said that Hungarian Prime Minister Viktor Orbán had begun “fighting for the opposing team.” The Hungarian position was “far removed” from what the EU had agreed upon, Tsahkna stated. He said that Estonia…
Lithuania’s likely EU commissioner nominee, MEP Andrius Kubilius, named security, defence, or EU enlargement as his possible portfolios on the European Commission (EC), BNS reports. Asta Skaisgiryte, chief foreign policy adviser to President Gitanas Nauseda, also noted that EU enlargement and defence were focus policy areas for Lithuania. Speaking in an interview with Ziniu Radijas,…
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…