Posts published in Day: March 12, 2021

Latvian government announces further action against Covid-19

Friday, March 12, 2021

On Friday, March 12, the Latvian government decided on further restrictions to curb the spread of coronavirus and prevent the third wave of the new, more contagious strain from spreading. It was  previously reported by LSM that the government was debating two models: one with slightly more restrictions on the job and transport sector than there currently are, and another with much more stringent rules. At the government meeting on Tuesday,…

The main threat in Europe

By Antanas Tubelis on Friday, March 12, 2021

NATO regularly conducts military exercises in the Baltic States. Exercises in the Baltic region do not stop in fact. From March 1 to March 12, NATO military exercise “Griffin Lighting 21” is held in Estonia. In the course of maneuvers, it is planned to work in cooperation to protect the region from “external aggression”. Poland, Lithuania, Latvia and Estonia take part in the exercise. In addition, in the framework of…

Preparing for war. Baltic region is a battlefield

By Antanas Tubelis on Friday, March 12, 2021

Currently, the processes of economic and geopolitical reorganization of the world are going on. Markers of these processes are terrorism, severe struggle for control over energy sources and information war. International security system does not work. At the same time, global military spending is constantly growing. In 2020, it reached $1.93 trillion, that is $180 billion more than in 2010 ($1.75 trillion). NATO is the leader here. The increasing of…

The virtual Vilnius IFF invites the audience to hotels

Friday, March 12, 2021

The 26th edition of the leading Lithuanian event is aiming to introduce new European voices to the local audience and get viewers off their sofas The 26th edition of the Vilnius International Film Festival “Kino Pavasaris” will be running entirely virtually from 18 March-5 April, bringing the Lithuanian audience a selection of 104 feature films and 44 shorts across various sections. It also invites viewers to answer the question “To…

Citadele bank buys ABLV’s mortgage portfolio

Friday, March 12, 2021

Citadele bank on March 12 announced the acquisition of the majority of the mortgage portfolio owned by ABLV bank, which is already into the third year of its lengthy liquidation procedure. “The portfolio consists of several thousand mortgage loans with a total exposure above EUR 170 million. Given the materiality of the deal, the planned completion date is in the second half of this year, and all customers affected will be contacted in…

One-off aid to be paid to Latvian pensioners and disabled people

Friday, March 12, 2021

On Thursday, March 11, the Saeima approved a one-off payment for pensioners and disabled people. The allowance of €200 will be received by people declared in Latvia who receive: The payout is scheduled to start in April. If a person receives several benefits at the same time, such as an old-age pension and compensation for loss of capacity, one payment will be granted to the person. Previously, benefits of    €500…

Businessman stripped of Latvian award

Friday, March 12, 2021

The recipient of one of Latvia’s highest state decorations has been stripped of the award following his conviction in a criminal corruption case, the Presidential Chancellery said March 12. “In accordance with the decision of the Chapter of Orders [the body which administers the handing out of state awards] of 23 February 2021, the awarded person, who has been found guilty of an intentional criminal offense by a court judgment…

Rail Baltica EU funding dispute reaches resolution

Friday, March 12, 2021

A dispute between the European Parliament and Estonia, Latvia and Lithuania, which threatened progress on the Rail Baltica project, has been resolved. The dispute had seen the three Baltic States threaten to block the approval of ta €750-billion EU package aimed at mitigating the effects of the coronavirus pandemic, unless money was forthcoming for the planned high speed rail link, which will run through the three Baltic States, with its…

Estonia: Developments must include electric car charging stations going forward

Friday, March 12, 2021

From Wednesday, all new developments and building renovations in Estonia must come with the infrastructure needed to add electric car charging stations. The green revolution that has swept Europe will force car manufacturers to look at electric options as emission norms will get stricter. One after another, manufacturers are stating that their selection will be electric in the next decade, ETV’s daily affairs show “Aktuaalne kaamera” reported on Wednesday. Volvo…

Youth-centered park will be the new feature to adorn Jurmala

Friday, March 12, 2021

A green space with a mission On 11 March, the official website of Jurmala reported that the construction of a new park in the Kauguri area is set to begin in spring. It will be spread over 3.8 hectares and will provide residents of the Latvian city with new opportunities for leisure, sports and recreation. Best of all, however, is the fact that the new green space will be crowned…