Lithuania: President urges review of export ban on dual-use goods

Lithuanian President Gitanas Nauseda called for a quick review of restrictions on the export of dual-use goods, BNS reports. Earlier, Economy Minister Lukas Savickas proposed relaxing the restrictions urgently. The previous government banned the export by air of several goods that Russia could use in its war against Ukraine to most third countries. Speaking in…

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Latvia: Closing Baltic Sea should “remain on table”: President

The possible closure of the Baltic Sea should “remain on the table,” Latvian President Edgars Rinkevics stated, LETA reports. Speaking in an interview with TV3, Rinkevics addressed the issue of protecting critical infrastructure, stressing the need to increase patrols and impose sanctions on Russia’s shadow fleet. However, he noted that almost 2,000 vessels travel through…

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Latvia: Ministers considered cancelling Rail Baltica: PM

Latvian ministers informally discussed the possibility of cancelling the Rail Baltica railway project but decided against such a move, Prime Minister Evika Silina revealed, LETA reports. Speaking in an interview with TV3, Silina said that the government concluded that abandoning the project would result in a significant loss of invested resources. Moreover, the project will…

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Latvia: Coalition to discuss “painful tax decisions” soon: PM

Latvia’s ruling coalition will soon need to discuss “painful decisions” on taxes, Prime Minister Evika Silina stated, LETA reports. Speaking in an interview with TV3, Silina said that simplifying taxation was an important priority. The Ministry of Finance has developed potential proposals for changes on real estate tax, labour costs, corporate income tax, VAT, small…

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Lithuania: Passenger train operator LTG Link appoints new CEO

Lithuania’s state-owned railway company, Lietuvos Gelezinkeliai (LTG), has appointed Kristina Meide as CEO of its passenger train operator, LTG Link, for a five-year term, BNS reports. Meide will replace interim CEO Gediminas Seckus. LTG Link’s previous CEO, Linas Bauzys, was appointed CEO of the Ignalina Nuclear Power Plant (IAE) in September 2023. Prior to her…

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