Ivan Okhlobystin

Russian actor banned from entering Latvia for homophobic comments

A Russian sitcom actor, notorious for his anti-LGBT statements, was banned from entering Latvia for saying gay people should be burned alive, The St. Petersburg Times reports. […]

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Defence

Russian intelligence aircraft detected close to NATO airspace

A Russian IL-20 intelligence collection aircraft was detected on Tuesday, 21 October, in the vicinity of the NATO airspace over the Baltic Sea heading from Kaliningrad towards Denmark, NATO sources reported. […]

Finasta
Economy

Invalda LT-led consortium to negotiate acquisition of Finasta Banking Group

The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]

Economy

Orlen Lietuva improves results amidst pressure of operational costs

EBITDA LIFO result of Orlen Lietuva in the third quarter amounted to USD 54 million and was USD 58 million higher, year-on-year, supported by favourable macroeconomic environment in this period. […]

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Politics

Lithuanian parliament passes amendment allowing EU citizens to run in municipal and EP elections

With 54 votes in favour, 3 against and 10 abstentions, Lithuania’s parliament approved draft amendments to the preamble to the Law on Political Parties, implementing the requirement laid down in the Treaty on the Functioning of the European Union to guarantee citizens of the union who are not nationals of that state the right to stand as candidates in municipal elections and in elections to the European Parliament, the Seimas’ press service reports. […]

Defence

NATO Energy Security Centre of Excellence holds exercise

On 21-23 October, the NATO Energy Security Centre of Excellence (ENSEC COE) in Vilnius is hosting a table-top exercise on security of critical energy infrastructure. […]