International Internet Magazine. Baltic States news & analytics
Sunday, 29.05.2016, 20:18
Russia will extend the embargo on food imports from the EU member states and other countries until the end of 2017, Russian Prime Minister Dmitry Medvedev announced on May 27th, cites Interfax/LETA.
Keyword tags: Baltic States – CIS, EU – Baltic States, Foodstuff, Legislation, Markets and Companies, Russia
The Latvian ministries demand additional allocations of at least EUR 400 million in the 2017 year’s budget but it is obvious that all requests for extra financing could not be satisfied, Finance Minister Dana Reziniece-Ozola (Greens/Farmers) told LETA.
The Lithuanian and Algerian authorities are finalizing veterinary certificates for Lithuanian meat product exports to the North African country, the daily Lietuvos Zinios reported on Friday, cites LETA/BNS.
The Estonian bargain website operator Cherry Media OU is to end its operations on May 27th, while the services previously bought by customers are guaranteed with contracts and most of the clients will not experience a loss, informs LETA/BNS.
Society and the government both share the responsibility for the shadow economy, believes Latvian president Raimonds Vejonis, informs LETA.
Cooperation between the Organization for Security and Cooperation in Europe (OSCE) and the Council of Europe strengthens the protection of Europe's basic values, Estonian Foreign Minister Marina Kaljurand said when presenting Estonia's Council of Europe chairmanship priorities at the Permanent Council of the OSCE, informs LETA/BNS.
The State Audit Office has called on the responsible authorities to assess whether Latvia should continue developing its electronic ID card system, which is not being used widely enough.
Electronics wholesaler Tendem Neman became Latvia’s biggest tax debtor in May 2016, owing EUR 41.53 million in unpaid taxes to the state budget, informs LETA, according to information available in the State Revenue Service’s database.
The recommendations provided by the Organization for Economic Cooperation and Development (OECD) gave a strong stimulus to carry out the necessary reforms in Latvia, particularly to clamp down on corruption and money laundering, as well as to enhance the management of state-owned enterprises, Foreign Minister Edgars Rinkevics (Unity) believes, cites LETA.
Estonia's Minister of Economic Affairs and Infrastructure Kristen Michal supports the proposal of the Commissioner responsible for the EU digital single market, Andrus Ansip, to do away with geoblocking in the union, since it would ensure access for Estonians to e-commerce all over the European Union, informs LETA/BNS.
Estonia's Justice Minister Urmas Reinsalu and the president of Eurojust, Michele Coninsx, in their meeting in Tallinn on May 26th discussed matters of international justice cooperation, informs LETA/BNS.
The Estonian government has approved a bill of amendments to the Aliens Act, informs LETA, according to which foreigners would be allowed to temporarily work in Estonia for up to 9 months a year.
The upcoming referendum on Great Britain's further membership in the European Union (EU), the outcome of which is not known, is a cause for concern, German Foreign Minister Frank-Walter Steinmeier said during his visit to Riga yesterday, cites LETA.
Today, the Financial and Capital Market Commission (FCMC) and ABLV Bank, AS entered into the administrative agreement regarding the violations detected under the FCMC inspections, which is aimed at improving the functioning of the bank’s internal control system. According to the agreement, a fine of EUR 3.17 million will be applied to the bank and warning will be given to the responsible member of the bank’s board, reported BC bank’s press service.
EU Commission tells Lithuania and Latvia to amend laws regulating farmland purchases or face lawsuit
The European Commission has officially demanded that Latvia, Lithuania, Bulgaria, Hungary and Slovakia amend their legislation regulating purchases of agricultural land, arguing that they restrict free movement of capital and the freedom of doing business, warning that it might take the above countries to the Court of Justice of the European Union, informs LETA.