Saulius Skvernelis, Ramūnas Karbauskis
CORPORATE

New government’s vision – wishing to appear progressive, but…

The Lithuanian Peasant and Greens Union (LPGU) and the Lithuanian Social Democrat Party (LSDP) coalition’s “Harmonious Lithuanian Cabinet” programme project only dedicated its very last comments to foreign and defence policy – 10 pages of 117. While the new government does not propose any earthshattering changes, some new accents raise eyebrows. […]

Latvian Foreign Minister Edgars Rinkevics
Uncategorized

Latvia beats Lithuania to OECD membership

Latvia will become the second Baltic state to join the Organization for Economic Cooperation and Development (OECD). The country’s Foreign Ministry said on Wednesday it had received an invitation to join the 34-country bloc often described as the rich club. […]

Latvian banks handle many international clients
Uncategorized

Latvian banks under pressure from US to curb money laundering

Will pressure from the United States, fear of losing the last dollar correspondent account, and an impending vote on admission into the OECD finally force Latvia to curb the laundering of dirty money for shady figures from the former Soviet Union via Latvia’s non-resident banks? […]

Lithuanian Minister of Foreign Affairs Linas Linkevičius met with Marie Kiviniemi, Deputy Secretary-General of the Organisation for Economic Co-operation and Development. Photo MFA
Foreign affairs

Lithuania’s MFA will make every effort to ensure smooth OECD accession, minister says

On 17 September, Lithuanian Minister of Foreign Affairs Linas Linkevičius met with Marie Kiviniemi, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD), who was visiting Vilnius. […]