Legislation

International Internet Magazine. Baltic States news & analytics Friday, 28.07.2017, 01:49

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Defenders given extra time to familiarize themselves with Port of Tallinn case

Defenders given extra time to familiarize themselves with Port of Tallinn case

27.07.2017

The Office of the Prosecutor General has given the criminal defense counsel additional time to familiarize themselves with the documents concerning the corruption case of the Port of Tallinn, reports LETA/BNS.

Keyword tags: Estonia, Financial Services, Legislation, Port, Transport



Jobs in Latvian beer industry may decline by 30%

Jobs in Latvian beer industry may decline by 30%

27.07.2017

If the Latvian parliament today approved the proposal for a 50% increase of excise tax on beer, the number of job in the beer industry may decline by some 30%, affecting employment in particular in the rural areas, the Latvian Union of Breweries said, cites LETA.

MFA: diaspora represents Latvia's growth potential

MFA: diaspora represents Latvia's growth potential

27.07.2017

The diaspora represents a potential for Latvia's growth regardless of whether or when those people returned to Latvia, the Foreign Ministry's parliamentary secretary, Zanda Kalnina-Lukasevica, said at the cooperation forum with Latvian experts working in the EU or other international organizations, cites LETA.


Lithuania's parties still in debt for 2016 general elections

Lithuania's parties still in debt for 2016 general elections

27.07.2017

Financial obligations of Lithuania's political parties that ran for the 2016 general elections have narrowed by a factor of three, however, the total debt remains at an impressive 482,000 euros, Lietuvos Rytas daily said, citing data from the Central Electoral Commission, informs LETA/BNS.

Latvians involved in economic activity or earning author's fees to make 5% social contributions

Latvians involved in economic activity or earning author's fees to make 5% social contributions

27.07.2017

As of the year 2018, 5% social contributions from incomes of all residents involved in economic activity or earning royalties will be paid into the first-tier pension scheme, Saeima Social and Employment Matters Committee decided on July 26th while discussing amendments to the Law on State Social Insurance that will now be reviewed by Saeima in the final reading, reports LETA.


27.07.2017

Ventspils Nafta sells controlling stake in VNT to Dutch company

Latvian holding company Ventspils Nafta has sold 51% of shares in Ventspils Nafta Tranzits (VNT) stevedore to Dutch company Martank, which also is part of Vitol group, for EUR 43.7 million, Ventspils Nafta announced, cites LETA.

27.07.2017

Estonian ministry to buy up to 100 automatic firearms for prison service

The Estonian Justice Ministry is to participate in the defense forces' tender for buying automatic firearms and is planning to buy up to 100 firearms, reports LETA/BNS.

26.07.2017

Competition Council allows offshore firm to buy Latvijas Propana Gaze

The Competition Council has given permission to the Cyprus-registered Areti International Group Limited to acquire Latvijas Propana Gaze, a company selling liquid natural gas, LETA was told at the Competition Council.

26.07.2017

Lithuanian PM: VAT discount on heating, hotels will remain

Value-added tax (VAT) discount for centralized heating and hotels will remain, says Lithuania's Prime Minister Saulius Skvernelis, adding that the government would announce the proposed tariff next week, informs LETA/BNS.

26.07.2017

Government authorizes BITE Lietuva to acquire TV3, LNT and Star FM

The Cabinet of Ministers in Latvia on July 25th today authorized UAB BITE Lietuva, Lithuanian company controlled by the U.S. investment company Providence Equity Partners, to acquire decisive influence in Latvian companies TV3 Latvia, Latvijas Neatkariga Televizija, and Star FM, informs LETA.

26.07.2017

Latvian government upholds proposals for changes in micro enterprise tax

The Latvian Cabinet of Ministers on July 25th upheld the draft amendments to the Law on the Micro Enterprise Tax under which the tax will be set at 15%, starting from 2018, for businesses with annual turnover not exceeding EUR 40,000, writes LETA.

26.07.2017

Latvian government approves health care reform

The Latvian government on July 25th approved the conceptual report about reforms in the national health care system, writes LETA.

26.07.2017

ECHR orders Latvia to pay EUR 37,000 in compensations in 2016

The European Court of Human Rights (ECHR) last year ordered Latvia to pay compensations totaling EUR 37,246, informs LETA, according to the Foreign Ministry's report on the performance of Latvia's representative to the international human rights bodies in 2016.

26.07.2017

Lithuania to temporarily bring back 9% VAT tariff for heating

The 9-% value-added tax (VAT) discount tariff for heating will be reintroduced in Lithuania on a temporary basis between the fall and the end of 2017, Finance Minister Vilius Sapoka said. The discount for 2018 has not yet been specified, reports LETA/BNS.

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