Estonia’s producer price index (PPI) of industrial output fell by 3.2% on year in July 2023, according to Statistics Estonia’s data, ERR reports. Compared to June 2023, the PPI fell by 1.0%. Producer prices fell by 1.1% over a year in manufacturing but rose by 5.8% in food production. Export prices declined by 3.0% and…
Lithuania’s state-owned LNG terminal operator, Klaipedos Nafta, plans to expand the annual regasification capacity of its floating storage and regasification unit (FSRU), the Independence, from 3.75 bcm to 5 bcm, Baltic News Network reports. Earlier, the company planned to expand the Klaipeda-based terminal’s capacity to 6.25 bcm. CEO Darius Silenskis expects the company to make…
New electric trains in Latvia will not start carrying passengers before November 2023, state-owned passenger train operator Pasazieru Vilciens (PV) announced, LSM reports. Initially, the trains were supposed to be running in January 2023. Representatives of Czechia’s Skoda Group explained that the coronavirus pandemic and the war in Ukraine had disrupted the production and delivery…
Lithuania’s Vilnius University has dismissed Russian professor Andrey Desnitsky, who earlier denied the occupation of the Baltic States, LRT reports. Professor Mindaugas Kvietkauskas, dean of Vilnius University’s Faculty of Philology, said that Desnitsky, who had been working as a researcher and lecturer at the university since autumn 2022, had earlier written publications in which he…
Latvia’s greenhouse gas emissions rose by 7.5% in the first quarter of 2023, compared to the same period of 2022, according to Eurostat data, LSM reports. The increase was the second highest in the EU. Overall greenhouse gas emissions in the whole EU decreased by nearly 3% over a year.
The European Commission (EC) demands hundreds of thousands of euros in fines from Estonia for late implementation of two EU directives, ERR reports. Estonia has failed to transpose the so-called whistleblower directive into national law by December 2021. Also, the EC has initiated infringement procedures against Estonia over the European Competition Network (ECN+) directive, which…
Lithuania’s Deputy Foreign Minister, Mantas Adomenas, has resigned after being caught driving under the influence of alcohol, BNS reports. Police stopped him in the town of Alanta. Adomenas said that he had 0.62 permilles of alcohol in his bloodstream. He apologised for the incident and said that he would resign. Adomenas was appointed deputy foreign…
Latvia’s central bank, the Bank of Latvia, supports the Finance Ministry’s plan to introduce a mandatory requirement that banks pay corporate income tax on their profits in advance, LSM reports. Martins Kazaks, governor of the Bank of Latvia, argued that the solution should be permanent, thus ensuring that banks contribute to the state budget every…
The Estonian nation has never been extinguished despite having once lost independence through occupation and oppression, Estonia’s President, Alar Karis, stated, ERR reports. Speaking on Estonia’s 32nd Independence Restoration Day, Karis said that the Estonian state was founded on “liberty, justice, and the rule of law,” in that order. He said that freedom constituted the…