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European Legal update: 05.08. – 19.08.2025
Legal assistant Viktorija Markovaite compiled the material. Competition European Commission launches review of Foreign Subsidies Regulation Published: 12 August 2025 The Foreign Subsidy Regulation (FSR) took effect on 13 July 2023. This new set of rules enables the Commission to address any distortions to competition caused by foreign subsidies in the internal market. It allows the EU […]
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Baltic ESG & EU insights – what’s changing now
This issue brings you a concise overview of recent legislative and policy changes driving the sustainability agenda in Estonia, Latvia, Lithuania and at the EU level. In the Baltics, we cover the adoption of the “Stop-the-Clock” Directive in Estonia and Lithuania, Latvia’s steps to implement the European Media Freedom Act, as well as new measures on […]
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Tax Stories Podcast – Episode 77 – Edita Janušiene – The Autumn In Lithuania Will Be Hot
An exciting discussion with the head of the Lithuanian tax authorities (STI) Edita Janušiene. The just adopted Lithuanian tax reform is a nice reason to have a chat on what’s new and why. Watch the episode here. From the conversation I noted for myself: STI did not expect so quick tax reform. Edita was hoping for application of […]
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Procurement Monitoring Bureau: Artificial intelligence development requirements for specialists restrict competition
On 1 August 2025, the Application Review Commission of the Procurement Monitoring Bureau (PMB) found that the specialist requirements in the open tender organised by the Supreme Court, “Development of software for the information system “AT searcher”” (“Informācijas sistēmas “AT meklētājs” programmatūras izstrāde”), were excessive and restrictive to competition. This is the first IUB decision […]
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European Legal update: 22.07. – 04.08.2025.
Legal assistant Viktorija Markovaite and trainee Ugnė Kačergytė compiled the material. Environment Commission introduces voluntary sustainability reporting standard for SMEs Published: 31 July 2025 The European Commission has adopted a Recommendation introducing a voluntary sustainability reporting standard for SMEs (VSME). This standard, developed by EFRAG, the Commission’s technical advisory body for sustainability reporting, aims to […]