Posts published in Day: September 23, 2021

Government agrees on 2022 budget in Estonia

Thursday, September 23, 2021

Members of the government reached an agreement in principle on the state budget for next year, the Government Office communicated on Thursday. “The state budget for next year is dedicated to keeping our people safe and can also be considered a strategy for preparing Estonia for the future. This is a budget for the whole of Estonia, where the priorities are a safe and educated population and a strong and…

Biden Just Gave France Something More Valuable than a Submarine Contract

Thursday, September 23, 2021

The $66 billion submarine deal with Australia is lost, but France’s President Emmanuel Macron may have won something far more valuable from President Joe Biden. For several years now, Macron has pitched the idea that Europe needs to boost its military spending and capabilities to better defend itself and its interests. U.S. and NATO leaders have largely responded politely but dismissively to a concept they argue could subvert the 71-year old alliance. Europe?…

China’s Xiaomi says its devices do not censor users following report from Lithuania

Thursday, September 23, 2021

China’s Xiaomi Corp said on Wednesday that its devices do not censor users’ communications, a day after Lithuania’s defence ministry recommended that consumers avoid Chinese phones due to a censoring feature in the smartphone giant’s flagship phone. The censoring capability in Xiaomi’s Mi 10T 5G phone software has been turned off for the “European Union region” but can be turned on remotely at any time, Lithuania’s National Cyber Security Centre…

Saeima approves merger of Latvian central bank and financial regulator

Thursday, September 23, 2021

Today the Saeima adopted the new Law on Latvijas Banka (the Latvian central bank, LB) in its third, final reading. The Law provides for the merger of Latvijas Banka and the banking regulator, the Financial and Capital Market Commission (FKTK) to become a single institution as of January 1, 2023. “We have completed an important task for the merged institution to become operational and supervise and develop the financial sector even more…

776 new Covid cases Thursday in Latvia

Thursday, September 23, 2021

On Thursday, September 23, Latvia recorded 776 new cases of Covid-19 infection, according to the Disease Prevention and Control Center (SPKC). It is the largest daily case number since May 8. Of the total number of positive cases, 639 were unvaccinated persons, or persons not fully vaccinated, and 137 were fully vaccinated. The total number of cases detected since the start of the pandemic now stands at 152,693. Of 26,731 tests carried out in the past 24 hours,…

Eesti Energia to list Enefit Green on stock market

Thursday, September 23, 2021

Enefit Green is expected to announce today that it is to list minority shares in the company on the stock exchange. Enefit Green, the renewable energy subsidiary of Estonia’s state-owned Eesti Energia group, announced a press conference on Thursday morning it will list on the Nasdaq Tallinn Stock Exchange. CEO of Eesti Energia Hando Sutte said in a statement: “The initial public offering of Enefit Green’s shares represents a strong…

Presidents of Poland, Baltic States meet in NYC

Thursday, September 23, 2021

Poland’s head of the state Andrzej Duda on Wednesday met in New York City with the presidents of Estonia, Latvia and Lithuania to talk about further cooperation, the Three Seas Initiative and the situation in Belarus. “At the headquarters of the Permanent Mission of the Republic of Poland to the United Nations in NYC, President Andrzej Duda met with the President of the Republic of Estonia, Kersti Kaljulaid, President of…

Applications open for Latvian-American Innovation Award

Thursday, September 23, 2021

September 23 sees the start of applications for the fourth annual Latvian-American Innovation Award to promote entrepreneurship, research-driven innovation, and closer economic ties between Latvia and the United States. Applications can be submitted until October 22. The award will be granted to a Latvian individual, organization, university, or firm that has developed a cutting-edge technology or innovative solutions in collaboration with a U.S. partner. The winner will receive 10,000 Euro (gross)…

Amendments to electoral law hope to increase voter participation

Thursday, September 23, 2021

On Thursday, September 23, the Saeima decided to allow voters to participate in future parliamentary elections using an electronic identity card or eID card: but it’s still a long way from the Estonian ‘e-Voting’ system. Parliament adopted amendments to the Saeima Election Law and amendments to the Voter Register Law, which provide for the introduction of an electronic online voter register. The introduction of the voter register will ensure the right to participate…

Lithuania seeks to decrease economic dependence on China

Thursday, September 23, 2021

Facing an economic backlash from Beijing after agreeing to a Taiwan Representative Office in its capital of Vilnius, Lithuania is seeking to decrease reliance on China and so far has the backing of multiple European countries. According to a survey by its foreign ministry, the Baltic country’s main trade links with China are in the technology, agriculture, food processing, timber, apparel, and logistics industries, Lithuanian National Radio and Television reported. The…