bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 25.09.2018 | Name days: Rauls, Rodrigo
LithuaniaLithuania

Week in Lithuania. Lithuania not affected by problems at Latvia's ABLV Bank

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUFinancial problems faced by ABLV, one of Latvia’s biggest commercial banks, will have no impact on the Lithuanian financial system, officials from the central Bank of Lithuania and the Lithuanian Banks’ Association (LBA) said this week. According to Vytautas Valvonis, director of the central bank’s Supervision Service, the Lithuanian financial system has become very independent in recent years. LBA President Mantas Zalatorius also says that ABLV’s turning to the Latvian central bank for financial support will have no impact on the Lithuanian financial system.

Director of major hospital arrested, then released

Kęstutis Strupas, director general of Vilnius University Hospital Santaros Klinikos, one of Lithuania’s major hospitals, has been suspended from his job on suspicions of abuse amid a large-scale corruption probe by law-enforcement bodies, the Health Ministry said on Thursday, February 22. The decision to suspend Professor Strupas was made during a meeting of the Health Ministry and Vilnius University, the hospital’s shareholders, it said.

Lithuania’s ex-judge Venckienė nabbed in US

Former Lithuanian judge and former MP Neringa Venckienė has been detained in Chicago, the United States, at Lithuania’s request for refusing to obey a court order to hand over her niece to her mother. The Prosecutor General’s Office and the Foreign Ministry said on Thursday, February 22, that the process of the suspect’s extradition to Lithuania had been initiated. Lithuanian law-enforcement want also to hold her liable for unlawful interfering with a bailiff’s operations and resisting the police.

SD Labour Party to hold assembly in late March

The Lithuanian Social Democratic Labour Party will hold its constituent assembly on March 24. Gediminas Kirkilas, one of the founders of the party, told journalists on Friday, February 23, the party would have around 3,000 founders. The core of the new party includes old members of the Social Democratic Party that split from the political force last year after it decided to leave the ruling coalition with the Lithuanian Farmers and Greens Union.

Kaunas set to bring Samsung

Kaunas, Lithuania‘s second-largest city, intends to invest 5 million euros in the territory of a former aviation factory and build the Aleksoto Innovations Park, if approval is secured from the council of Lithuania’s second city next week, with plans to bring the tech giant Samsung there, Kauno Diena daily reported.

International Book Fair opens in Vilnius

The four-day Vilnius Book Fair opened at the exhibition and congress centre Litexpo on Thursday, Februay 22. At the opening of the fair, President Dalia Grybauskaitė noted that this year’s event was special, as it was taking place on the 100-year anniversary of the country’s restored statehood. Held for the 19th time, this year’s fair is expected bring together 53 foreign delegations from 21 countries, including coming from Canada, the United States, Iran, Oman and Israel.

Lithuanian bodies underuse anti-corruption instruments

President Dalia Grybauskaitė says that Lithuania’s failure to improve its position in Transparency International’s latest Corruption Perception Index shows that the country’s bodies do not make sufficient use of the instruments they have to curb corruption. Lithuania ranked 38th out of 180 countries surveyed in the index released by Transparency International on Wednesday, February 21, unchanged from last year. This puts Lithuania ahead of Latvia, but behind Poland and Estonia.

Police reform brings positive results

Lithuania’s police reform has produced positive results, but some risks remain unmanaged, Interior Minister Eimutis Misiūnas said on Thursday, February 22. As the result of the reform, the number of officers on the street has increased by 1.5 times, the rate of response to incidents has increased, too, but not that significantly. With the focus on rapid response, the quality of investigations is at risk, some experts believe.

Constitutional Court to rule on wrongful dismissal

The Lithuanian Constitutional Court on Thursday, February 22, started hearing a case regarding ministers’ personal monetary liability for wrongful dismissal of employees or other wrongful decisions. The issue has been referred to the Constitutional Court by the Lithuanian Supreme Administrative Court, which is hearing an appeal by Raimundas Palaitis, a former interior minister, who is contesting an order for him to pay over 4,500 euros for firing Osvaldas Šarmavičius as director of the Civil Service Department. Courts have ruled that the director’s dismissal was too severe a disciplinary sanction.

Philip Morris may face fine in Lithuania

Global tobacco giant Philip Morris may face a fine in Lithuania for advertising its electronic smoking device IQOS. Lithuania’s Drug, Tobacco and Alcohol Control Department has made a preliminary conclusion that the devise should be subject to the same advertising restrictions as tobacco products, but it will adopt its final decision after hearing explanations from the producer.

Tomkus sells 80 pc stake in ELTA

Vitas Tomkus, the owner of the media group Respublikos Leidiniai, has sold 80 per cent of shares in the Lithuanian news agency ELTA. GM Media Invest, a company owned by ELTA CEO Gitana Markovičienė on Wednesday, Wednesday 21, purchased the stake from Tomkus and plans to buy the remaining 20 per cent of shares in the near future, the agency said. GM Media Invest last December purchased the Moteris, Mano Namai, Tavo Vaikas, Cosmopolitan and Panelė magazine publishing business and the websites of these brands from Delfi.

Telia Lithuania says Huawei equipment is safe

After US intelligence agencies have warned that American citizens should not use products made by Huawei, Lithuania’s telecoms company Telia Lietuva says that the Chinese manufacturer’s equipment that it uses is safe. According to the spokesman, Telia Lietuva uses equipment by various manufacturers and has used Huawei products for 10 years now.

Government to allow downing drones over military areas

The Lithuanian government approved on Wednesday, February 21, legal amendments to allow shooting down non-crewed aircraft flying without permission over military areas. The amendments, which will now go to the parliament for approval, would also ban unauthorized drones from flying over military areas and filming or photographing these areas. The proposed legislation would also give authorities the right to persecute or detain persons illegally visualising military areas.

Vilnius seeks over 350 mn euro from France’s Veolia

The city of Vilnius on Monday, February 19, filed a counterclaim against France’s Veolia, which withdrew from the Lithuanian capital’s heat supply sector last spring, and its local subsidiary Vilniaus Energija (Vilnius Energy) with the Stockholm arbitration court, seeking over 350 million euros in damages from the companies. With Vilniaus Energija’s 15-year lease on the Lithuanian capital’s heating system nearing expiration, Veolia and Vilniaus Energija in late 2016 asked the Stockholm arbitration court to appoint an independent valuer of the Vilnius district heat supply system. The dispute was later expanded to include investments and damages incurred by both sides in the city as they failed to agree on the value of the assets.

Court sentences for stealing money from Norwegian companies

A Lithuanian court on Monday, February 19, found three people guilty of stealing 246,000 euros from Norwegian companies by infecting their computers with malware. The Panevėžys regional court sentenced the organizer of the crime, identified by his initials D. S., to six years in prison. Combined with an earlier prison term, the man will spend seven years and a month behind bars.


Leave a reply

PHOTO: Pope Francis visits Riga Cathedral and meets seniors at St Jacob’s Cathedral

Pope Francis visited both Riga Castle and Riga Cathedral, where a service was held under his supervision. There he met with different Latvian officials. After that, the pope met with senior citizens at St Jacob’s cathedral.

Pope Francis arrives in Latvia for an official visit

Pope Francis arrived in Latvia on Monday, 24 September. He was greeted at the airport by President Raimonds Vējonis, Archbishop Zbigņevs Stankevičs and other public figures.

Week in Lithuania. President proposes amendments to restrict bailiffs' remuneration

Lithuanian President Dalia Grybauskaitė is putting forward amendments aimed at restricting bailiffs' financial remuneration to up to 15 per cent of the amount recovered.

BNN summary of the week: pre-election heat, rule of law in Latvia, Baltics prepare for Pope’s visit

BNN offers a summary of this week’s topical news in a variety of categories: Elections; Change; Stagnation; Fight; Visit; Investigation.

Court reschedules viewing of criminal case due to Non-citizens Congress leader’s poor health

Riga City Vidzeme Suburb Court announced today that the viewing of the criminal case in which leader of Non-citizens Congress Aleksandrs Gapoņenko is accused of inciting national hate will be postponed to a later date.

Producer prices in industry up 1.0% in Latvia in August

Compared to July, level of producer prices in the Latvian industry rose by 1.0 % in August 2018. Level of prices of products sold on the domestic market grew by 1.9 %, but of exported products – went up by 0.1 %.

Bishop: priest suspected of sexual abuse to be operated on in hospital

Pāvels Zeiļa, who is a priest of Rezekne Aglona diocese and the suspect in the criminal case regarding sexual violence and human trafficking, will undergo a complicated surgery on Friday, 21 September, as reported by Bishop Jānis Bulis.

Study: residents withdraw money from ATMs less often but in larger amounts

Every now and then discussions about dropping cash money altogether become active in society, AS PrivatBank representatives say.

HND Grupa design company, involved in Zolitude tragery, declared insolvent

Building engineer Ivars Sergets company HND Grupa, which was involved in the case revolving around the Maxima supermarket that collapsed in Zolitude, killing 54, not five years ago, has been declared insolvent, as reported by Latvijas Avīze.

Deputy Chief of State Fire and Rescue Service suspected of misappropriation

Latvia’s Interior Affairs Ministry’s Internal Security Bureau has detained deputy chief of State Fire and Rescue Service Ints Sēlis and one other official – a senior inspector, as reported by Panorāma programme of LTV.

Washington sanctions China for buying Russian military equipment

U.S. government has introduces sanctions against the Chinese army over a purchase of fighter jets and missile systems from Russia, despite a U.S. sanctions law targeting Moscow for attempts to sway in the 2016 U.S. election.

Autumn expected to begin soon in Latvia

Friday, 21 September, is expected to be warm in Latvia. Sun and considerable amount of clouds are expected, but not precipitation. Wind will draw in from the south, reaching a speed of 15-17 m/sec in western and central regions, as reported by Latvia’s Environment, Geology and Meteorology Centre.

Brexit: a finish line with no end in sight

Less than 200 days are left before Britain officially leaves the European Union. The state of the agreement between Britain and EU only serves to create more chaos, from which neither Britain nor EU, or even Latvia will benefit.

EU underlines to London: No-deal Brexit also option

European Union's top officials and member state leaders planned to push for a Brexit deal in October, while urging London to give ground on the issues trade and the Irish border by November, to avoid a no-deal Brexit.

Lithuanian PM, a presumable presidential hopeful, set to curb grocery price growth

Having chastised food retailers on many occasions for high grocery prices, Saulius Skvernelis, the Lithuanian Prime Minister, stepped forward in the bid to harness local supermarkets. The presumed presidential candidate of the ruling Farmers and Greens (LVŽS) has summoned this week executives of major retail food chains, scolded them and reaffirmed his pledge to rein in the edging up prices.

Industrial prices in Estonia – up by 3.4% on year

The industrial price index in Estonia has risen from August 2017 to August this year by 3.4%, official statistics show.

Latvian parliament approves transition to competence-based approach in education content

On Thursday, 20 September, Latvia’s Saeima approved in the final reading amendments to the Education Law, necessary for the gradual introduction of competence-based approach in education materials.

Latvian Saeima wants to disallow shareholders to work in company management board

On Thursday, 20 September, Saeima approved in the first reading amendments to the Credit Institutions Law that provide for multiple measures to enhance Latvia’s finance system and its long-term stability, as reported by the parliament’s press-service.

Aglone Council prohibits residents from organizing protests during Pope Francis’ visit

A protest against the Catholic Church’s ban on abortions and expression of shock in relation to the recent sex scandals involving Catholic priests was planned to take place in Aglone during Pope Francis’ visit, but the city council decided to disallow them.

Latvian parliament conceptual supports pension bonus indexation

On Thursday, 20 September, Saeima supported in the first reading several initiatives for a more rapid pension climb for several groups of pensioners, as reported by Saeima press-service.

Majority Saeima deputies support open president vote; UGF members fail to decide unanimously

On Thursday, 20 September, amendments to the Constitution regarding open election of the state president were approved in the second reading.

Four Estonian parties have strong support, enough to enter Riigikogu

Four Estonian parties are believed to currently have enough support to enter the Estonian parliament, a broad opinion poll showed, as leading parties compete for voter backing.

Vitol Group concerned over state of rule of law in Latvia; turns to state officials

One of the largest energy resource traders in the world – Vitol Group – has sent a letter to Latvia’s highest ranking officials, expressing deep concern over the rule of law and application of legislative acts in the litigation between LatRosTrans and Polocktransneft Druzba over the EUR 66 million worth technological oil.

As Pope heads to Baltics, more attention to Catholic sex abuse

The time, when Roman Catholic Pope Francis is set to visit the Baltics, greatly differs from the visit by Saint John Paul II in 1993. There is public resentment over the countries spending several million euros to host the trip of the pontiff and the Catholic sex abuse scandals are topic of discussion.

Officials asked to take responsibility for misuse of state resources

If misuse of state resources takes place, officials have to take responsibility and pay for the damages caused to the state, says Public Expenditure and Audit Committee chairman Andris Bērziņš.

Newest comments