Russia added to list of low-tax and no-tax countries
On Tuesday, the 27th of June, Latvia’s government decided to adopt a new list of low-tax or no-tax countries and territories, expanding it…
Category: Business
Competition Council permits Eesti Gaas to purchase Gaso
Latvia’s Competition Council (KP) has permitted Estonian Eesti Gaas to acquire decisive influence over JSC Latvijas gāze’s owned gas distribution system operator in…
Saeima deputy: money still doesn’t smell in Latvian-Russian relations
Last year Latvia was one of the few EU member states that had actually increased their import/export volumes with Russia, said Saeima deputy…
Week in Lithuania: authority blocks IP addresses used for Russian channels; ruling block updates coalition pact
In his speech, the President called for continued support for Ukraine, while the Seimas approved the tax reform package and decided that the…
Saeima deputy: there is no clear justification for the growing food prices
Currently manufacturers and stores do not offer any clear justification for the continued growth of food prices, said chairman of Saeima’s Parliamentary Inquiry…
Tire producer Pirelli blocks China’s influence
Italy has decided to block the efforts of a Chinese state-owned company to take control of the well-known tire manufacturer Pirelli, the BBC…
Bank of Latvia upgrades GDP growth outlook to 1.2% for 2023
The Bank of Latvia has upgraded the country’s gross domestic product (GDP) growth outlook for 2023 from the previously predicted 0.5% to 1.2%,…
Week in Lithuania: Seimas fall session to start with no-confidence vote; faster power grid synchronization approved
In Lithuania, the Speaker of the Seimas has turned to the Ethics Commission in connection with the MP’s statements about Jews, while the…
Saeima wants energy producers to invest their excess revenues in green processes
Electricity producers will have to invest the extra profit from December and the first half of this year in their own or an…
