Posts tagged as Brexit

UK licence holders will be able to drive in Latvia

Friday, March 26, 2021

On Thursday, March 25, the Saeima adopted amendments to the Road Traffic Law, which include several regulations. It is stipulated that a person will be authorized to drive a vehicle in Latvia with a driving licence issued by the United Kingdom, like it was until now. Previously, there had been debate on whether Brexit would change the order with driving licences. The changes also clarify rules for cyclists. Persons over…

Latvia’s trade with UK nosedives as Brexit takes effect

Saturday, March 13, 2021

The United Kingdom’s exit from the European single market coincided with a vertiginous decline in trade with Latvia, according to data published by the Central Statistics Bureau (CSB) on March 12. Though the island kingdom formally left the EU in January 2020, it remained in the single economic zone during a transition period that ended when 2021 arrived, and data suggest the impact was immediate. “In January this year, compared to January 2020,…

Deal or no-deal Brexit, key things for Britons in Lithuania to know

Thursday, December 24, 2020

Despite the stretched out negotiations over a Brexit deal, Britons who have already secured residency in Lithuania will not be affected even under a ‘no deal’ scenario. Here are the key things to know. According to the British embassy in Lithuania: – “UK nationals legally resident in Lithuania before the end of the transition period will continue to have broadly the same entitlements to work, study and access public services…

Brexit still brings uncertainty to Latvian exporting businesses

Monday, December 7, 2020

Despite the end of the transitional period of UK withdrawal from the European Union (EU), no agreement or clear rules have yet been reached. This directly affects companies for which Britain is an important export market, Latvian Radio reported December 4. Britain is currently one of the largest export markets for  Orkla Latvija,  representing around 26% of its export turnover. The company’s communications director, Lineta Mikša, said that the UK’s withdrawal…

How will Brexit affect Latvian exports?

Monday, November 2, 2020

How will the UK’s exit from the European Union – Brexit – affect Latvian companies exporting their goods and services to Britain? Latvian Radio spoke to industry experts November 1. January this year, Britain withdrew from the European Union (EU). Until 31 December, a transitional period has been set, which means that the United Kingdom does not participate in EU decision-making, but cooperation continues as it has been. Britain is the sixth-largest…

Brexit cum laude: higher tuition fees deter Lithuanian students from British universities

By Mindaugas Jackevičius on Tuesday, July 14, 2020

British universities have long been the popular choice for Lithuanian students,. However, the looming Brexit and upcoming funding changes may adjust the higher education trends. Having left the European Union this year, the British government recently announced that, as of 2021, EU nationals will no longer be able to study in England’s universities under the same terms enjoyed by home students. Scotland soon followed suit, announcing that it was with…

As EU borders close, UK agriculture gets preview of Brexit – opinion

Monday, April 6, 2020

With seasonal workers and migrants separated from the UK by quarantine and closed borders, Britain’s farms are facing devastating labour shortages in a sign of things to come after Brexit, writes Craig Turp at Emerging Europe. Yes, technically Britain left the European Union on January 31, shortly before the coronavirus outbreak – at that stage confined to parts of China – became a global pandemic. Under the terms of the…

Revolut will relocate to Lithuania and Ireland due to Brexit

Thursday, February 27, 2020

London-based fintech company Revolut will relocate to Lithuania and Ireland because of Brexit, the company said earlier in February. “Brexit is the initial cause but it’s also a reflection of the great customer appetite we’ve seen across Europe,” Revolut’s banking chief executive Richard Davies told the Telegraph daily on February 3.  “Having more than one regulated entity for Europe is really important and very common,” he added. Revolut obtained a…

British e-residents in Estonia increase threefold after Brexit

Tuesday, February 11, 2020

The number of Estonian e-residents from the United Kingdom has tripled since Brexit. Britons with e-residencies have set up around 500 businesses, the Estonian public broadcaster ERR News  quotes   BNS. There are now 3,100 UK citizens with an e-residency, three times more than in March 2017. The ability to have a company registered in the EU is now one of they key selling points after Brexit, according to ERR.…

EU’s post-Brexit budget: Smaller pie more difficult to split

Wednesday, February 5, 2020

It will take a few more rounds of talks for the European Union member states to agree on the 2021–2027 budget, a pie that is smaller following the UK’s departure. Jovita Neliupšienė says budget negotiations are gaining momentum, but decisions usually get made made after two rounds of summit talks. “The president of the Council believes that a deal must be reached. His job is to push member states toward…