Estonian millionaire Oleg Ossinovski does not admit his guilt in the Latvian Railways (Latvijas Dzelzcels, LDz) corruption case, but does not deny that he gave money to Ugis Magonis, the Latvian rail company’s former CEO.
The Lithuanian parliament on June 29th gave its final green light to start in 2017 a reform of the pay-as-you-go social security system that provides for introducing a ceiling on social insurance contributions and for using state budget funds to pay basic pensions, informs LETA/BNS.
As of June 23, airlines can use a seamless Free Route Airspace across five Nordic and Baltic countries – Estonia, Latvia, Finland, Denmark, and Sweden, the air navigation services company Latvijas Gaisa Satiksme informed LETA.
Ukio Bankas, a bankrupt Lithuanian bank that is currently in the process of liquidation, will have to go to Latvian courts in an effort to recover nearly 600,000 euros from PrivatBank, the neighboring country's ninth-biggest commercial bank by assets, informs LETA/BNS.
Lithuania's media watchdog has cancelled restrictions on two Russian-language TV channels after signals from the European Commission that the sanctions may run counter to EU legislation, reports LETA/BNS.
Justice Minister Juozas Bernatonis says that Lithuania's law-enforcement bodies have no evidence to support claims by a terror suspect that he was held in a secret CIA prison in Lithuania, informs LETA/BNS.