Legislation

International Internet Magazine. Baltic States news & analytics Thursday, 05.05.2016, 05:51

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Lithuanian Seimas backs 'yellow card' to Brussels over posted workers

Lithuanian Seimas backs 'yellow card' to Brussels over posted workers

03.05.2016

The Lithuanian parliament has backed neighboring Poland's initiative to show a "yellow card" to Brussels' proposal that posted workers in EU member countries receive equal pay as local workers, informs LETA/BNS.

Keyword tags: Employment, EU – Baltic States, Legislation, Lithuania, Markets and Companies



TV: Baltic Taxi has created a system to avoid paying VAT

TV: Baltic Taxi has created a system to avoid paying VAT

03.05.2016

Taxi company Baltic Taxi in 2015 managed to avoid the State Revenue Service's penalty of more than EUR 400,000 through an insolvency process, it has also created a network of over 150 companies, which in fact make it possible for Baltic Taxi not to pay value added tax, Latvian Television investigative news program Aizliegtais Panemiens (Sucker Punch) reported last night, cites LETA.

39 employees of Latvian Revenue Service to be rotated

39 employees of Latvian Revenue Service to be rotated

03.05.2016

Kaspars Cerneckis, State Revenue Service’s deputy general director in the area of combating crime, has been rotated to the position of the director of the tax debt enforcement department, said State Revenue Service General Director Inara Petersone in a press conference on May 3rd, informs LETA.


Latvian insurers suffer almost EUR 2 mln loss from auto insurance in Q1

Latvian insurers suffer almost EUR 2 mln loss from auto insurance in Q1

03.05.2016

In the first quarter of 2016, Latvian insurance companies incurred a loss of EUR 1.97 million from motor third party liability (MTPL) insurance, informs LETA, according to the Motor Insurers' Bureau of Latvia.

Another two ships of Lithuanian Shipping Company auctioned for EUR 4.4 mln

Another two ships of Lithuanian Shipping Company auctioned for EUR 4.4 mln

03.05.2016

Another two ships of the bankrupt Lietuvos Juru Laivininkyste (Lithuanian Shipping Company, or LJL) changed hands at a repeat auction on May 3rd, 2016 for a total of 4.42 million euros following the sale of a vessel at the first auction earlier this year, informs LETA/BNS.

03.05.2016

Number of residence permits issued to foreigners in Estonia grows by 1/3

Increased labor migration raised the number of residence permits issued to foreigners in Estonia by one-third in 2015, figures available from the Police and Border Guard Board show, cites LETA/BNS.

03.05.2016

Port of Tallinn looking for ways to restart Muuga coal terminal

Estonian port company AS Tallinna Sadam (Port of Tallinn) is looking for ways to make use of the Muuga coal terminal, which has been out of use for four years and is in talks to store cargo there, informs LETA/BNS.

03.05.2016

Residents' attitude toward asylum seekers continues to be negative in Latvia

Latvian residents' attitude to asylum seekers continues to be negative, according to a public opinion survey carried out by SKDS in April 2016, as the Diena newspaper reports today, cites LETA.

03.05.2016

Tallinn apartment prices grew by 1.8% in April y-o-y

The average price per square meter of apartments in Tallinn in April 2016 was 1,588 euros, 1.8% higher than the year before, it appears from statistics of the Estonian Land Board, cites LETA/BNS.

03.05.2016

49,435 business operators in Latvia pay micro enterprise tax in May

From September 1, 2010, when the micro enterprise tax was introduced in Latvia, till May 1, 2016, Latvian authorities have received a total of 77,658 applications from tax payers seeking the status of microenterprise tax payers.

03.05.2016

Estonia's goal is to become temporary member of UN Security Council

Estonia's aim is to have a bigger say in global security issues and one of our biggest foreign political goals after EU presidency is becoming a temporary member of the United Nations Security Council, Estonian Prime Minister Taavi Roivas said on May 2nd during meetings at the UN headquarters in New York, informs LETA/BNS.

03.05.2016

Police: partners of Latvian ports include business people closely tied to Russia's political elite

The fact that the cooperation partners of Latvian ports include business people closely tied to Russia's political elite may have adverse effects on the Latvian national economic security interests, the Latvian Security Police said, cites LETA.

03.05.2016

Lithuanian government moves to criminalize travel abroad for terrorist purposes

The Lithuanian government approved on May 2nd the legislative amendments to criminalize travel abroad for terrorist purposes, informs LETA/BNS.

03.05.2016

Parliament-level cooperation between Lithuania, Poland becomes very active

Cooperation between Lithuania and Poland at the parliamentary level is becoming very active, Seimas Speaker Loreta Grauziniene said after meeting with Maria Koc, deputy marshal of the Polish Senate, on May 2nd, reports LETA/BNS.

03.05.2016

Increase of airBaltic share capital completed

On May 2nd 2016, the Shareholder Meeting of airBaltic decided the share capital increase of the Company by 131 152 036 shares with the nominal value of each share being EUR 1. The newly approved share capital of airBaltic will now constitute EUR 256 472 824, composed of 256 472 824 shares, informed BC Janis Vanags.

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