Lithuania: GDP up 2.3% in Q3/2026: statistics
Lithuania’s GDP totalled EUR 24.4bn at current prices in the third quarter of 2026, according…
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Lithuania’s GDP totalled EUR 24.4bn at current prices in the third quarter of 2026, according to the State Data Agency’s (VDA) first estimate, BNS reports. Compared to the same period of 2025, the seasonally and working-day adjusted GDP rose by 2.3%. However, compared to the second quarter of 2026, the GDP contracted by 1.0%. Construction,…
Estonia’s leading agricultural group, Agrone, has completed the acquisition of 100% of shares in Latvia’s largest dairy group, Food Union Management, LSM reports. Agrone acquired the shares from Food Union Luxembourg Holdings II for an undisclosed price. The Food Union group includes Rigas Piena Kombinats and Valmieras Piens, which produce some of Latvia’s best-known fresh…
Estonia’s GDP growth reached 2.2% in the third quarter of 2026 compared to the same period of 2025, according to Statistics Estonia’s flash estimate, ERR reported. Compared with the second quarter of 2026, the seasonally and working-day adjusted GDP grew by 0.6%. Robert Müürsepp, national accounts service manager at Statistics Estonia, said that several indicators…
US defence officials urged the Baltic States to tone down their rhetoric on the threat posed by Russia, arguing that some statements had undermined European security, Reuters reported. One of the US officials was Elbridge Colby, Under Secretary of Defence for Policy at the US Defence Department, who insisted on not “poking” Russia. He pointed…
The Baltic joint venture, RB Rail, has submitted a new application to the European Commission for an additional EUR 357.5mn in funding from the EU’s Connecting Europe Facility (CEF) for the Rail Baltica railway project, BNS reports. The European Commission and the European Climate, Infrastructure and Environment Executive Agency are expected to announce their decisions on…
Lithuania’s State Defence Council has decided to introduce universal military conscription in 2032, President Gitanas Nauseda announced, BNS reports. Universal conscription will apply to men ages 18 to 22 years, replacing the current selective draft. Women will still be able to volunteer for military service. Nauseda said that about 7,500 young men would be drafted…
Latvian Prime Minister Andris Kulbergs has begun official talks on forming a new government by meeting with leaders of his United List alliance and its current coalition partners, the National Alliance and New Unity, LETA reports. Kulbergs said that the parties had reached a consensus on improving public administration, reviewing ministry functions, and putting public…
Estonia plans to build about 150 bunkers in the northeastern Ida-Virumaa county along the border with Russia, Defence Minister Martin Herem announced, BNS reported. Speaking in the Estonian parliament, the Riigikogu, Herem said that the bunkers would be part of the Baltic Defence Line. Around 100 of the bunkers would be on state land and…
The European Commission has rejected a request from the three Baltic States for EUR 500mn of EU funding to develop an anti-drone defence system, LRT reports. Lithuanian Defence Minister Robertas Kaunas said that the system would have combined drone detection, AI, and interception technology into an integrated air-defence system. The European Commissioner for Defence and…