Estonia’s economic climate index stood at -19.4 points in June 2023, which was down by almost 9 points from March 2023, according to the Estonian Institute of Economic Research (EKI), ERR reports. The economic confidence index, which combines both business and consumer sentiment, stood at 78.7 points, which was significantly worse than the long-term average….
Latvia’s Food and Veterinary Service (PVD) has confirmed African swine fever (ASF) at a farm with 48 domestic pigs in Kraslava municipality, LETA reports. The farm has been quarantined, and all 48 pigs will be destroyed. This is the fourth confirmed ASF outbreak at a farm in Latvia in 2023. The first was recorded in…
Replacing Latvia’s current coalition government was “unnecessary” and would cause chaos, Edgars Tavars, chairman of the United List’s parliamentary group, stated, LETA reports. At the same time, he insisted that expanding the government, as proposed by New Unity leader, Prime Minister Krisjanis Karins, was “legally impossible.” Tavars pointed out that Karins himself had said that…
Lithuanian President Gitanas Nauseda urged Latin American countries not to be “seduced” by Russian propaganda, BNS reports. Speaking at a summit of leaders from the EU and the Community of Latin American and Caribbean States (CELAC) in Brussels, Nauseda pointed out that Russia was “not a victim, but the aggressor” in the war in Ukraine….
Lithuania’s Klaipeda State Seaport could ship around 10 million tonnes of Ukrainian grain per year, CEO Algis Latakas announced, BNS reports. However, the logistics of transporting the grain to the port remained complicated, he noted. If the issue of logistics was solved, the port could begin handling Ukrainian grain today, Latakas stated. Earlier, Transport Minister…
Estonia has extradited Russian citizen Vadim Konoshchenok, suspected employee of Russia’s Federal Security Service (FSB), to the US, BNS reports. Konoshchenok was arraigned at a federal court in New York on 14 July 2023. He is suspected of violating sanctions by smuggling strictly regulated electronics and tactical ammunition of US origin from Estonia to Russia….
The total profit of banks operating in Estonia in the first half of 2023 was almost as high as in the whole of 2022, ERR reports. Swedbank’s net profit amounted to EUR 214mn in six months, which was EUR 148mn from a year earlier. In 2022, Swedbank’s annual net profit stood at EUR 224mn. SEB…
The Baltic States will decouple from the BRELL power grid linked to Russia and Belarus in the beginning of 2025, Estonian Prime Minister Kaja Kallas announced, ERR reports. Earlier, Lithuania urged the Baltic States to synchronise their power grids with the continental European system ahead of schedule in 2024. Kallas noted that such a rapid…
Estonia continues to push for an EU-wide ban on Russian tourists, ERR reports. Andres Siplane, chief sanctions expert at the Foreign Ministry, said that discussions on a wider ban on Russian tourism continued almost every day behind closed doors. He said that Estonia was talking to Georgia about the issue as well. However, it is…