Wed, 11 May 2011: Bidding process derailed…

For instance, EU co-funding for Poland’s Silesia was slashed 21 percent in 2010 after the Commission established competition infringements on the part of Polish authorities. The Procurement...

Wed, 20 Apr 2011: Estonia joins securities’ watchdog group…

In addition, a further 36 jurisdictions have been through the full verification process and are now expected to work to remove the impediments to full Appendix A signatory status. These full MMoU ...

Wed, 28 Jul 2010: Job creation efforts increase…

“Another significantly increased number, besides provision of labor market services, is the number of job offers mediated by the Unemployment Insurance Fund. In the first half of the year, w...

Wed, 10 Mar 2010: Jobless support set to increase…

In 2009, the overall unemployment rate in the country was 16.9 percent. Therefore, the government has given 27 million lats (38.5 million euros) in additional support for the implementation of act...

Thu, 26 Nov 2009: Taking Counsel: Will the extension of the transitional period really mak…

This provision is fulfilled if foreign legal persons as well as other foreign organizations are set up in: i) the EU member states or states party to the Europe (Association) Agreement concl...

Wed, 29 Jul 2009: Taking Counsel: Some Labor Law Amendments Possibly in the Pipeline …

The draft amendments to article 32 require that an employer posting a vacancy also indicate the name (company name) of the employer, or name of the recruitment company that will deal with employee...

Wed, 28 Jan 2009: Taking Counsel: Lithuania’s reaction to the judgement in the case of L v…

The ECHR obligated Lithuania to pass the required gender-reassignment legislation within three months of the present judgment becoming final (i.e. until March 31, 2008) or alternatively, to pay th...

Wed, 19 Nov 2008: Telecom companies blast surveillance law …

All customer data must be kept for at least six months. President Valdas Adamkus vetoed a previous bill on the same subject because companies would have had to foot the bill. The president said he...

Wed, 26 Mar 2008: Taking counsel: Tendencies of financial infoclosure…

I personally don't like this idea, but since it is up to Parliament to appoint the bank chief, and if they are comfortable with the lessening of candidates' requirements, then so be it. This may n...

Wed, 18 Jul 2007: Taking counsel: Employee’s prohibition on competition…

Currently there is only one provision on an employee's prohibition on competition in the Estonian Employment Contracts Act, pursuant to which a worker is required not to compete with the employer...

Wed, 9 May 2007: TALKING TAX: Last moment to purchase your Aston Martin…

So under the current wording, if a vehicle costs 100,000 euros and weighs 4,000 kilos, tax depreciation can be claimed. However, one may argue that a standard four-wheel drive would exceed the a...

Wed, 25 Apr 2007: TALKING TAX: Precaution with VAT on sales of buildings…

Previously there was no such provision stating that if a property with an improved construction, or a part thereof, is sold before the post-improvement commencing of use is taxed. There is also no...

Wed, 28 Mar 2007: Taking counsel: Complaint against Lithuania submitted to European Commis…

The commission takes whatever action it deems appropriate in response to either a complaint or indications of infringements that it has detected.Non-compliance means failure by a member state to f...

Wed, 31 Jan 2007: Taking counsel: PPP projects to become more transparent…

An example is Tallinn residential buildings, which were constructed and are maintained by the private sector for 30 years based on building title. The city pays the private sector for these invest...

Wed, 7 Jun 2006: Taking counsel: Changes in legal regulation of agricultural and forest la…

It was stated that this provision competes with a legal regulation determined by the Law on Land of the Republic of Lithuania and by the Law on Forests of the Republic of Lithuania, according to w...

Wed, 24 May 2006: TALKING TAX: New regulation clarifies VAT application in Latvia…

Previously tax authorities held a position that such transactions were subject to VAT.This new provision is extremely important for most purchases of a business (as opposed to share transactions),...

Wed, 19 Apr 2006: Experts disagree on nuclear power project…

Jurgis Vilemas, chairman of the LEI council, said that Lithuania did not need a new plant until 2020. "However, there are political interests and the plant will most likely be built sometime arou...

Wed, 29 Mar 2006: Ministry against extension of Ignalina plant…

"The date of INPP unit shutdown and the terms for the change of that date have been set out both in national legislation and Lithuania's international obligations," the ministry said in its report...

Wed, 29 Mar 2006: Taking counsel. A new improved role for notaries….

But category 3 service, which to-date is entirely discretionary, can be quite costly, as it is typically based on a percentage of the transaction value. All is basically well with the existing not...

Wed, 21 Sep 2005: Taking counsel…

The Advertising Law entitles the Competition Council to impose an obligation on market players to eliminate the breach of the Advertising Law - for example, to exclude some elements from the adver...

Thu, 11 Sep 2003: Mortgage loan accessibility for risk groups decreased…

Those are provided through the state-managed KredEx creditguarantee foundation."We definitely need cooperation between the private and public sectors. Butit would be necessary to establish minimum...

Thu, 10 Apr 2003: In Brief - 2003-04-10…

Officials from Megaparkas, which operates some 20 amusement parks in other countries, said they expected a return on investments within 3 or 4 years. (Baltic News Service)Mass layoff at Lattelekom...

Thu, 20 May 1999: Internet providers announce union…

After the merger is completed the new company will also look for a strategic investor.Mozerts said that the first moves towards the full merger included optimization of cash flow as well as joint ...
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