The Lithuanian government declared a nationwide state of emergency on July 4 because of drought that is expected to hit this year’s crops severely.
Vilnius will seek to ensure Lithuanian farmers will not face sanctions from the European Commission over failing to meet production obligations linked to EU’s agricultural subsidies.
The Lithuanian ministry of agriculture estimates that between 15% to even as much as 50% of crops could be lost to drought, depending on a region.
The current drought continues a series of weather-induced problems for the Lithuanian agriculture. The Baltic state’s agricultural sector suffered from excessive rain that damaged crops ahead of harvest last year.
Extreme weather is expected to affect the EU agriculture in the 2018/2019 season, according to the Commission’s “Short-term outlook for EU agricultural markets,” released on July 5.
A rain deficit is expected to occur across the Baltic states, northern parts of Poland, Germany, Denmark and the southern regions of the Scandinavian Peninsula. Those regions will also suffer from heat waves, the report said. Excessive rain is in turn forecast to affect much of Spain, France, and Italy.
The governor of Latvijas Banka Edgars Rimsevics is subject to another investigation by Latvia’s anti-corruption bureau KNAB, focussing on bribery and submitting false information to the US ... more
The Supreme Court of Lithuania suspended tender proceedings to build a new national stadium in the capital Vilnius, local media reported on October 22. The court said Vilnius city hall must accept ... more
The European Banking Authority (EBA), the EU’s banking sector watchdog, plans to probe the Danish and Estonian banking supervision authorities over the Danske Bank scandal, Politico Europe reported ... more