Legislation

International Internet Magazine. Baltic States news & analytics Sunday, 29.05.2016, 20:18

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Russia to extend embargo on food imports until late 2017

Russia to extend embargo on food imports until late 2017

27.05.2016

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



Latvian ministries demand additional EUR 400 mln in 2017 budget

Latvian ministries demand additional EUR 400 mln in 2017 budget

27.05.2016

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.

Lithuania expects to launch beef exports to Algeria soon

Lithuania expects to launch beef exports to Algeria soon

27.05.2016

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.


Cherry Media ends operations

Cherry Media ends operations

27.05.2016

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.

Latvian president: society and government both share responsibility for shadow economy

Latvian president: society and government both share responsibility for shadow economy

27.05.2016

Society and the government both share the responsibility for the shadow economy, believes Latvian president Raimonds Vejonis, informs LETA.

27.05.2016

Estonian MFA speaks before OSCE council about protecting Europe's core values

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.

27.05.2016

Latvian Audit Office calls to reconsider further development of eID card system

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.

27.05.2016

Latvia has a new biggest tax debtor in May

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.

27.05.2016

MFA: OECD recommendations strongly stimulated Latvia's reforms

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.

27.05.2016

Scrapping of geoblocking will open up e-commerce for Estonians

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.

27.05.2016

Estonian minister, president of Eurojust speak about international justice cooperation

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.

27.05.2016

Foreigners to be allowed to temporarily work in Estonia for 9 months

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.

27.05.2016

Steinmeier in Riga voices concerns about upcoming British referendum

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.

26.05.2016

FCMC and ABLV Bank signed administrative agreement

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.

26.05.2016

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.

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