GovernmentPolicy

Several excise taxes to increase from May 1

Starting May 1, excise duties on electricity, diesel fuel, natural gas, liquefied gas, light fuel oil, heavy fuel oil, and shale fuel oil will all rise. The new month brings [..]

Estonian govt gives green light to unemployment benefit system change

The Estonian government at its sitting on Thursday approved a proposal of the minister of economic affairs and industry to proceed with the changing of the unemployment benefit system, the [..]

Possible blocking of TikTok and Telegram should be decided politically – State Security Service

The decision on the possible blocking of the social networks TikTok and Telegram should be political, and for such a solution to be effective, at least all three Baltic States [..]

Tax reform will respond to economic development challenges – Silina

The tax reform proposed by the government will most likely respond to the challenges of the economic development, Prime Minister Evika Silina (New Unity) said in an interview with the [..]

Banks could be taxed individually on their excess profits – Valainis

Banks could be taxed individually on their excess profits, Economics Minister Viktors Valainis (Greens/Farmers) said Thursday in an interview to Latvian Television. The minister noted that in the first five [..]

Estonia to implement full customs checks on eastern border

Estonia plans to implement full customs checks on its eastern border next week. Prime Minister Kristen Michal stated at a government press conference on Thursday that the number of shipments [..]

Procedure for taking land for major projects enters into force in Lithuania

Private land needed for projects of special national importance can be taken more easily in Lithuania from August as the procedure for taking such land, simplified by the Seimas in [..]

Owners: When deciding about subsidies for cultural buildings, Estonia prefers the wealthy

The Estonian Owners Association notes in its latest statement that the state favors the wealthy and influential when it comes to the payment of grants for culturally significant buildings. In [..]

Migration authority to inform 4,650 Russian citizens on steps they need to take to remain in Latvia

The Office of Citizenship and Migration Affairs will send out letters to 4,650 Russian citizens at the beginning of August to inform them on steps they should take to be [..]

Vehicles with Belarusian license plates banned from entering Estonia

On July 1, the European Union ramped up sanctions imposed on Belarus to limit the ability of the Belarusian regime to participate in Russia’s aggression against Ukraine and prevent the [..]

Latvia to require foreign motorists to declare vehicles registered in third countries

The Saeima today sent for committee review government approved draft amendments to the Road Traffic Law introducing a requirement for foreign motorists to declare vehicles that are registered in third [..]

Estonian parlt raises teachers’ salaries

The Estonian parliament on Wednesday adopted the government-initiated amendments to this year’s State Budget Act, with which an additional nine million euros will be allocated to the teachers’ salary fund, [..]

Estonian tax authority: Cash-in-hand pay should be declared too

In the context of the findings of a recent poll by the job portal CV. ee, according to which a large percentage of residents is ready to do additional seasonal [..]

Public election debates must be held in Latvian – president

Public election debates must be held in the Latvian language, President Edgars Rinkevics said on social media Monday. The president expressed his position, commenting on the public service broadcaster’s plan [..]

Lithuanian govt in favor of obliging banks to also provide fixed-rate loans

The Lithuanian government on Friday agreed to oblige financial institutions to provide consumers with a real opportunity to choose the type of credit interest rates and to get loans with [..]

Tax-free pension in Estonia to remain at EUR 776 per month from 2025

The Estonian Ministry of Social Affairs has drafted a bill that would fix the tax-free income of a person who has reached retirement age at 9,312 euros per year, or [..]

Lithuania mulls easing construction rules in preparation for Rheinmetall project

The Economy and Innovation Ministry proposes to amend several laws to enable major Western arms and ammunition producers, including Germany’s defense industry giant Rheinmetall, to swiftly relocate production to Lithuania. [..]

Cabinet supports draft National Cybersecurity Law

The Cabinet of Ministers on Tuesday supported the draft National Cybersecurity Law, which aims to improve cybersecurity in Latvia, as well as to transpose the requirements of the revised European [..]

Four in 10 Lithuanians would back defense tax from 2025 – Baltijos Tyrimai/LRT poll

Four out of ten people in Lithuania would support a new defense tax from 2025, according to a Baltijos Tyrimai survey published by the public broadcaster LRT on Monday. Just [..]

Coalition agrees to apply reduced 12% VAT rate on fresh fruit and vegetables

The government coalition on Monday agreed to apply a reduced 12 percent value added tax (VAT) rate on fresh fruit and vegetables next year, Prime Minister Evika Silina (New Unity) [..]

Principle of defense tax welcome, but details are key – Lithuanian president’s aide

The principle of a defense tax is welcome, but when discussing it, it is important to know from whom and how it would be collected, Kestutis Budrys, President Gitanas Nauseda’s [..]