Baltic: Bond activity, startup funding up in 2025
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in…
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Welcome to Via Baltica, your “information superhighway” for news from the three Baltic tigers of Estonia, Latvia, and Lithuania! Our founder and editor-in-chief is Kerkko Paananen, senior news analyst with more than two decades of professional expertise in covering and reporting on current affairs in the Baltic States. We aim to do one thing well:…
Baltic: Bond activity, startup funding up in 2025
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in 2025, which was an increase of more than double from 2024, The Baltic Times reported. The volume of local bonds issued totalled EUR 1.37bn, which was up 42% over a year. The number of Baltic companies issuing bonds reached a…
Estonia: Parliament to elect new president in September 2026
The council of elders of the Estonian parliament, the Riigikogu, agreed that the next presidential election could be held on 2-3 September 2026, ERR reports. The council will meet again on 26 February 2026 to discuss a possible candidate to the post. Õnne Pillak, chairwoman of the parliamentary group of the ruling Estonian Reform Party,…
Latvia: Foreign trade up 5.4% in 2025: statistics
Latvia’s foreign trade turnover totalled EUR 42.73bn in 2025, which was up EUR 2,198.7mn (5.4%) from 2024 at current prices, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. The total value of exported goods amounted to EUR 19.54bn, which was up EUR 698.1mn (3.7%) from 2024. The value of goods imported…
Lithuania: PM urges to rename Taiwanese Representative Office
Lithuanian Prime Minister Inga Ruginiene called for renaming the Taiwanese Representative Office in Vilnius to “Taipei Representative Office” instead, BNS reports. She argued that the decision to open the Taiwanese representation under its current name was a “hasty step,” suggesting that the mistake be corrected. However, such a move would not be a quick decision…
Baltic: Corruption clearly lowest in Estonia in 2025: report
Corruption remained considerably lower in Estonia than in Latvia and Lithuania in 2025, according to Transparency International’s Corruption Perceptions Index, ERR reports. Estonia ranked 12th on the index, which was up from 13th place in 2024, BNS reported. Meanwhile, Lithuania came in on 28th (32nd) and Latvia on 37th (38th) place, LSM reported. Estonia scored 76…
Lithuania: Opposition party backs chair amid corruption probe
Lithuania’s opposition Union of Democrats for Lithuania (DSVL) retains its trust in the party chairman, Saulius Skvernelis, DSVL’s deputy chairman, MEP Virginijus Sinkevicius, stated, ELTA reports. Earlier, Lithuania’s Special Investigation Service (STT) searched the homes and offices of Skvernelis and another opposition MP, Kazys Starkevicius, as part of an investigation into large-scale corruption at the…
Latvia: Construction output up 9% in 2025: statistics
Latvia’s construction output rose by 9% over a year in 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Construction of buildings increased by 1.2%, civil engineering structures by 25.7%, and specialised construction activities by 2.9%. In the fourth quarter of 2025, construction output increased by 9.9% from a…
Estonia: Foreign Minister berates President on Ukraine remarks
Recent remarks by Estonian President Alar Karis have led to questions from foreign partners about Estonia’s position on the war in Ukraine, Foreign Minister Margus Tsahkna said, ERR reports. Following his visit to Kyiv, Tsahkna said that the President’s suggestions of possible EU talks with Russia, lifting sanctions, and for Ukraine to cede territory had…
Lithuania: Two opposition MPs implicated in corruption case
Lithuania’s Special Investigation Service (STT) has searched the offices and homes of two prominent opposition MPs, Saulius Skvernelis and Kazys Starkevicius, as part of a corruption probe, BNS reports. STT suspects transport companies of paying bribes totalling around EUR 1.5mn to officials at the State Plant Service (VATZUM) in exchange for phytosanitary certificates. The agency’s…