Latvian VID to commence criminal prosecution of one for tax avoidance
In January 2022 Latvian State Revenue Service (VID) Tax and Customs Police sent two criminal procedures to the Tax and Customs Affairs Office…
Category: Business
Estonian power consumption increased by 10%, while prices rose by 345%
Electricity prices in Estonia have been reaching new, surprising records this heating season, and yet power consumption in the country increased by ten…
Lipmans family ordered to pay back EUR 1.9 million to Latvian state
The ruling in the lawsuit submitted by LLC Public asset manager Possessor against JSC Grindeks shareholders Kirov Lipmans and Filips Lipmans, requesting the…
BNN ANALYSES | «Insane» heating bills startle Vilnius residents
Linas Jegelevičius for the BNN Amid spiking energy prices Vilnius residents had been expecting higher heating bills this winter, but the reality check…
Lithuania saw EU’s strongest industrial growth in November
Lithuania recorded very strong growth in industrial production in November 2021, compared to November 2020, which was the highest the eurozone and the…
After Estonia’s fuel price record, retailers explain its reasons
This week, in Estonia’s largest petrol station chains, the price of petrol 95 has reached a new national record of 1.599 euros. Representatives…
Lithuania’s wage growth has not resulted in wage levels of Latvia, Estonia, central bank says
The Bank of Lithuania has found that despite rapid wage growth in Lithuania, the overall remuneration level in the country has not reached…
Opinion | Ventspils residents mixed up in power struggle
Opinion of ex-deputy of Ventspils City Council Aivis Landmanis. Soon the Saeima will pass in the final reading amendments to the Law on…
Latvia to ask Europe for half a billion euros for Rail Baltica project
A funding request of EUR 494.3 million will be submitted to the Connecting Europe Facility for Rail Baltica project, as decided by Latvian…
