Russia has granted asylum to Lithuania’s banker and billionaire Vladimir Romanov, wanted internationally for embezzlement of the funds of Ukio Bankas.
Romanov the largest shareholder in Ukio Bankas, which Lithuanian authorities placed under administration in 2013 after it ran into financial trouble.
The Lithuanian government had to allocate 230 million euros to pay depositors at Ukio Bankas. Lithuanian prosecutors issued an international search warrant for Romanov in August 2013.
Romanov is wanted on charges of embezzling 25 million euros from the bank, Reuters reports.
A representative of Lithuania’s Prosecutor General’s office unveiled Moscow had informed Vilnius of its decision to grant Romanov asylum and not to extradite him, without giving any reason for the decision.
Ukio bank, as well as Romanov’s key enterprise, a Lithuanian company named Ukio Banko Investiciju Grupe (UBIG), are both now in bankruptcy proceedings.
Russia’s efforts to influence its neighbouring states, including Lithuania, have increased since 2014. In order to accomplish this goal, Russia employs all kinds of political, military, diplomatic, economic and other measures, said Lithuanian President Dalia Grybauskaite’s chief advisor for matters of national security Valdemars Sarapins.
Latvian Financial Development Institution Altum had allocated a total of EUR 48.1 million as state financial support to Latvian entrepreneurs in 2014. This allowed Altum to provide support to more than 1,200 business development projects.
This January and February a surplus of EUR 10.2 million formed in Latvia’s consolidated budget, which is mostly made up of the surplus of EUR 36.2 million in municipal budgets and deficit in the state budget equal to EUR 26 million.
Leader of Latvian Regional Alliance Martins Bondars remains the only officially proposed presidential candidate at the moment. He believes he has good chances of being elected, as reported by lsm.lv.
Chief of Latvia’s Corruption Prevention and Combating Bureau Yaroslav Strelchenok is certain the former deputy chief Juta Strīķe only comes to work for show and does not carry out her duty. This is why he says he is collecting evidence of this in order to turn to the court and request her dismissal, as reported by lsm.lv.
Latvian Healthcare Minister Guntis Belevics from the Union of Greens and Farmers has most likely been provided with access to official secrets. However, this may be only a temporary permit.
Ryanair low-cost airline has announced that starting April 1st it will no longer charge security fees to passengers at Riga International Airport.
Saeima deputies Gundars Daudze from the Union of Greens and Farmers, Sergei Mirski from Harmony, Solvita Aboltina from Unity and head of the Saeima Inter-Parliamentary Relations Office Sandra Paura have been on an official visit to Vietnam’s capital city of Hanoi since last Thursday.
This week, active cyclones will bring about cloudy and precipitation-rich weather to Latvia. On Monday, March 30th, most of Latvia’s territory will experience snowfall, including wet snow. Wind speed is also expected to rise.
«We should not fear Russia’s ideological diversions and the tension they bring. We should instead focus on keeping our historic memory active,» – says the Chairperson of the New Conservative Party Janis Bordans.
On March 29th, a bus carrying Estonian and Latvian tourists crashed in Turkey. An Estonian woman died in that accident.
Elita Dreimane has been the head of the Latvian State Chancellery since 2011. Up until recently her work was largely viewed as positive. However, some controversy has surfaced between her and Prime Minister Laimdota Straujuma. The most serious conflict between them was regarding work with classified information in investment disputes with foreign companies.
Ugis Magonis has been re-elected in the post of Chairperson of Latvijas Dzelzceļš for another term. On top of that, this decision came three months before the end of his current term.
Latvia is starting to harvest the fruits of its image labour during the presidency over the EU Council. High-rank guests now often come to Riga. Their visits and statements are reported by local and foreign media outlets.
Lithuania‘s political and economic life diary. Seimas endorses establishing Lithuania-Poland-Ukraine Brigade
The Lithuanian Parliament (Seimas) has ratified the agreement of the Governments of Lithuania, Poland and Ukraine on establishing a joint military unit. 73 Lithuanian parliamentarians, attending a plenary session, voted for agreement unanimously.
Latvian national air Baltic airline currently performs the necessary activities to institute new rules for pilots. In particular, new rules are aimed to make sure that if one of the pilots has to leave the cockpit for one reason or another, one of the crew members will have to enter the cockpit and remain there until the pilot has returned.
Yaroslav Strelchenok is not suitable to lead Latvia’s Corruption Prevention and Combating Bureau, according to Delna Society for Openness. It is a matter of ethics, strategic view, ability to make decisions and take responsibility, leading skills, motivation of workers and development.
«Latvia will continue supporting Moldova’s reform process, progress of realization of development projects for regional, municipal, communications, marine transport and education development. Latvia will also share its experience in the EU,» – said Latvian Foreign Minister during his visit to Moldova.
SAS airline is set to return to Latvia this Sunday, March 29th. Ukraine International Airlines and Swiss International Air Lines will also begin working at Riga International Airport this year. Latvian national airBaltic airline will make passengers happy with multiple new destinations to explore.
Head of Latvian Academy of Sciences Ojars Sparitis believes talks about the next President of Latvia are necessary on one hand. On the other hand, however, it is possible that scenarios for the election of the next president have already been decided behind the scenes, as reported by lsm.lv.
«Up until now politicians led by others from behind the scenes have largely remained within one of two categories – largest cretins and drivers’ sons. Economy Minister Dana Reizniece-Ozola has presented herself as a wonderful example of a completely new category,» – notes journalist Aivars Ozolins.
«It is very important for Latvia to learn the opinion of its allies on different levels. Only by maintaining personal contacts it is possible to accomplish the maximum cooperation potential. Our allies should be able to clearly see our position so that there are no doubts about our readiness to act cooperatively,» – believes Latvian Regional Alliance’s presidential candidate Martins Bondars.
According to recordings from the recently discovered black box of the crashed Germanwings passenger aircraft, the co-pilot wanted to destroy the plane, as noted by French authorities.
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Brian @ 2015-03-31 12:47:57
When a country accepts just "any person" in the hope that they will work and pay taxes, they quite often turn out to be people who do not work and then rely on social security payments, becoming a burden on their adopted country. Just have a look at Sweden, Norway and Denmark. Latvia has enough financial issues without creating any more. I do think it is strange, that even though many people have left Latvia, the price of real estate has increased considerably. Less people should equal less demand for housing and reduce prices, not increase them. Any ideas ?
Foreigner @ 2015-03-30 17:15:21
If you ask me, Latvia needs more people. Only during the 5 years i have lived in Latvia, I have seen 12 people from my in-laws' familiy moved permanently abroad. Every day 30 people leaves this country. Latvia should welcome any person who wants to work and create a better future for him/her and family.
Linda @ 2015-03-28 23:29:19
Will that stop someone with evil intentions? Perhaps automatic medical alert to employers should be triggered regarding people working in 'risk to public safety' areas when medical sick notes are issued by doctors (without infringing data info).
Linda @ 2015-03-28 23:22:38
Pensioner Russians and others in the 'near abroad' have pensions related to their working life during former soviet union albeit Russia in another name. This is the pension I was referring to and presumably that to which the current Russian government alludes. If I was working abroad and paying taxes to my host government and also then worked in my own country I would expect to have an element of both countries in my final total pension amount. If Russia removes the element worked in soviet period then the pensioners whatever their ethnicity will turn to their current hosting nation.
jj @ 2015-03-27 18:12:18
No country pays pensions to people simply because of their ethnicity!! The vast majority of people living in Latvia who are of Russian ethnicity have never actually lived or worked in Russia and do not receive a Russian pension anyway. Assuming they have worked in Latvia and therefore paid Latvian social tax (as the vast majority will have) they will receive a Latvian pension (as they are fully entitled to). Pension rights have nothing at all to do with ethnicity.