Legislation

International Internet Magazine. Baltic States news & analytics Wednesday, 27.05.2020, 06:01

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Estonia to issue 10-year bonds worth EUR 1 bln

Estonia to issue 10-year bonds worth EUR 1 bln

26.05.2020

The Estonian government is about to kick off an international offering of bonds worth at least one billion euros and with a maturity of 10 years, informs LETA/BNS.

Keyword tags: Estonia, Financial Services, Investments, Legislation



The ministry plans to fuel Latvia's economics with EUR 2.2 bln

The ministry plans to fuel Latvia's economics with EUR 2.2 bln

26.05.2020

A strategy worked out by the Economics Ministry for dealing with the aftermath of the Covid-19 crisis proposes providing EUR 2.2 billion worth of public and private investments to various infrastructure projects a year until 2023.

Lithuanian watchdog seizes documents from Vilnius municipality regarding lung ventilators

Lithuanian watchdog seizes documents from Vilnius municipality regarding lung ventilators

26.05.2020

Lithuania's Financial Crime Investigation Service has on Tuesday seized documents from Vilnius City Municipality over the procurement of lung ventilators, and has also carried out searches at a company Andrikus, reports LETA/BNS.


FinMin: shadow economy in Lithuania has decreased impressively over the past years

FinMin: shadow economy in Lithuania has decreased impressively over the past years

25.05.2020

The scale of shadow economy in Lithuania has decreased impressively over the past several years, Finance Minister Vilius Sapoka has said attributing this progress to increased public consciousness, cites LETA/BNS.

Government set to decide in principle on merging FCMC with Bank of Latvia

Government set to decide in principle on merging FCMC with Bank of Latvia

25.05.2020

The government is set to decide in principle on merging the Bank of Latvia and the Financial and Capital Market Commission (FCMC) tomorrow, Prime Minister Krisjanis Karins (New Unity) told journalists following the weekly coalition meeting, cites LETA.


25.05.2020

Lithuanian Railways comes under fire for electrification tender, winner's reputation

The actions of Lietuvos Gelezinkeliai (Lithuanian Railways, LG), Lithuania's state-owned railway company, have led to the delay and increase in the price of the railway electrification project, and the reputation of the tender's winner, a Spanish company, is raising doubt, according to the summary of an internal audit abstract published on May 25th, informs LETA/BNS.

25.05.2020

Voters in emergency Riga City Council election will have to cover mouth and nose

The Central Election Commission has decided that, during the emergency Riga City Council election on August 29, voters will be required to cover their mouth and nose while at polling stations, as the Central Election Commission's representative Laura Zaharova told LETA.

25.05.2020

Poland reenables passenger transit

Poland has re-opened its borders to allow passenger transit for people travelling to their countries of residence, LETA found out from the Foreign Ministry.

25.05.2020

Between 1,700 to 2,000 bicycles stolen in Latvia each year

In Latvia, between 2016 and the middle of May this year, 7,972 bicycle thefts were registered, according to the information compiled by the State Police writes LETA.

22.05.2020

Scammers targeting Estonian startups

According to the law firm Hedman Partners, Estonian startups have been exposed to scammers who present themselves as foreign investors by means of a stolen identity, informs LETA/BNS.

22.05.2020

Provision of all healthcare services to resume in Latvia as of June 3

Provision of scheduled healthcare services will be expanded in Latvia as of May 29 and provision of the full range of healthcare services, which has been restricted due to the Covid-19 pandemic, will resume from June 3, Health Ministry spokeswoman Anna Strapcane told LETA.

21.05.2020

Estonian travel agencies: interest in domestic tourism growing

A kind of enlivening is taking place in the Estonian tourism sector and bigger-than-usual interest can be observed for domestic and nearby tourism, Estonian travel agencies have told BNS, cites LETA.

21.05.2020

Businessman Igors Ivanovs arrested - TV

Businessman Igors Ivanovs has been arrested, according to the Latvian public television information reported LETA.

20.05.2020

94.5% guaranteed compensations paid out to PNB Banka clients

A total of EUR 255 million have so far been paid out in guaranteed compensations to clients of PNB banka, which makes up 94.5 percent of the total amount payable in guaranteed compensations to the insolvent bank's clients, LETA was told at Citadele Bank which pays out the guaranteed compensations.

20.05.2020

Bondars can continue his work on Budget Committee

Even after the negative ruling by the Supreme Court ordering the former management board of the now defunct Latvijas Krajbanka to pay EUR 15,366,981 million to the bank’s insolvency administrator KPMG Baltics, politician Martins Bondars (For Development) can continue his work as the chair of the Saeima's Budget and Finance Committee, the party's board chairman Juris Puce, who is also the Environmental Protection and Regional Development minister, believes, cited LETA.

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