The Estonian-Finnish undersea power cable, EstLink 2, will resume operations after repairs on 4 September 2024, BNS reports. The power interconnection was shut down due to a fault in late January 2024. The repairs involved replacing around 300 metres of cable and connection joints. Shore reinforcement and surface works and removal of temporary structures will…
China’s Special Representative on European Affairs, Wu Hongbo, has paid a visit to Latvia, LETA reports. Wu met with Dace Melbarde, parliamentary secretary of Latvia’s Foreign Ministry, and Katarina Platere, head of the ministry’s bilateral relations directorate. The officials discussed bilateral dialogue, cooperation in specific sectors and international organisations, and regional security. The Foreign Ministry…
Lithuania’s Foreign Minister, Gabrielius Landsbergis, chairman of the ruling Homeland Union, would make an excellent European commissioner, Prime Minister Ingrida Simonyte stated, BNS reports. Speaking in an interview with Info TV, Simonyte stopped short of confirming that Landsbergis was among the candidates for the position, noting that negotiations were still ongoing. President Gitanas Nauseda expects…
The minimum gross monthly wage in Lithuania may exceed EUR 1,000 in 2025, Social Security and Labour Minister Monika Navickiene forecast, BNS reported. Speaking in an interview with Ziniu Radijas, Navickiene assured that the minimum wage would definitely surpass the poverty risk threshold. Lithuania’s Tripartite Council is still in talks on the minimum wage hike…
The free world must not fear its own strength, Estonian Prime Minister Kaja Kallas insisted, BNS reported. Speaking at a meeting with French President Emmanuel Macron in Paris, Kallas pointed out that the free world was stronger than Russia and had the resources, economic power, and knowledge to help Ukraine win the war against the…
Latvian President Edgars Rinkevics expressed pride and happiness on the 34th anniversary of the restoration of Latvia’s independence, LETA reported. He noted that a new generation had since grown up that only learned about authoritarianism in history books. However, Rinkevics reminded that freedom was not self-evident. He thanked the members of Latvia’s Supreme Council who…
The prime ministers of the three Baltic States will meet with German Chancellor Olaf Scholz on 6 May 2024 in the Latvian capital, Riga, LETA reports. The meeting will focus on security and defence, EU affairs, support for Ukraine, economic cooperation, and regional energy and transport projects. According to Latvia’s State Chancellery, Baltic leaders have…
The presidents of the three Baltic States issued a joint statement on the 20th anniversary of the accession of their countries to the EU in 2004, BNS reported. The presidents stressed the importance of EU membership for the well-being, security, and economic growth of the three Baltic countries. Also, the presidents called for opening EU…
The Baltic bank, Luminor, has appointed Wojciech Sass as its new CEO and board chairman, replacing Peter Bosek, The Baltic Times reports. Prior to his appointment, Sass served as CEO of Belgium-based Aion Bank. Previously, he has worked as CEO of Nationale-Nederlanden Poland, deputy board chairman of BNP Paribas Bank Polska, and head of Boston…