Cleaner, Smaller and Emptier: What Became of Latvia’s Banking Sector After Clean-Up
In the history of Latvian banking, February has often been a month of fateful turns.
Sanita Jemberga, Re:Baltica
Rheinmetall’s Baltic Entry Exposes Divisions Over Defence Deals
Facing Russian threat, Lithuania and Latvia have rolled out the red carpet for the German defence giant “Rheinmetall” to build artillery ammunition factories. Estonia opted for an open competition, hoping to secure more favourable terms.
Finnish Corruption Scandal Figure Arrested in Riga
Police in Riga on Thursday detained Arto Autio,a Finnish national previously listed on Interpol’s wanted notices, whom Finland seeks to prosecute in the country’s largest corruption scandal and who owns property in Latvia. The arrest was confirmed to Re:Baltica by Latvia’s Prosecutor General’s Office, as well as by eyewitnesses and individuals connected to Autio’s business activities.