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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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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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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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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 […]
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Compared to the record level of dealmaking in the first half of 2024, the Baltic M&A market in H1 2025 slightly fell back in terms of transaction numbers, but total deal value surged, partly driven by increased startup activity. In the context of a steep decrease in the number of deals in EMEA (over -20% […]
