Latvia had a total of 64,900 unemployed people in August 2024, which was 3,500 more than in the same period of 2023, according to the Central Statistical Bureau (CSP), LETA reports. Compared to July 2024, the number of unemployed rose by 100 people. Latvia’s actual unemployment rate stood at 6.8% in August 2024, which was…
Estonia’s producer price index of industrial output (PPI) rose by 1.7% in August 2024, compared to the same period of 2023, according to data from Statistics Estonia, ERR reports. Producer prices rose by on year 1.4% in manufacturing but fell by 1.9% in the production of food products. Compared to July 2024, the PPI rose…
Lithuania’s Vilnius Regional Court has found Lithuanian lawyer Mantas Danielius guilty of spying for Belarus, ELTA reports. The court sentenced him to nine years in prison. The ruling is subject to appeal. The investigation found that Danielius had spied on the exiled Belarusian opposition in Lithuania and passed on the information to a journalist at…
The Latvian government will propose amendments that would allow soldiers and internal affairs officers to continue in service while receiving retirement pension, BNS reports. Also, the government will propose amendments allowing people aged over 40 years to join professional service in the military or internal affairs. At present, only citizens aged 18-40 years are eligible…
Estonia’s Foreign Ministry denied any change in the country’s Middle East policy after Estonia voted for a UN General Assembly resolution condemning Israel’s occupation of Palestinian territories, ERR reported. Earlier, several former foreign ministers and MPs suggested that Estonia’s recent UN votes on Palestine implied a shift in Estonia’s foreign policy. The Foreign Ministry’s secretary…
Estonia’s central bank, the Bank of Estonia, will stop ordering one and two-cent coins as of 2025, ERR reports. Under new rounding rules, cash transactions will be rounded to the nearest five cents. Rait Roosve, head of the Bank of Estonia’s cash and payment systems department, noted that the smallest coins were seldom used for…
Estonia’s Tallinn Administrative Court has overturned the government’s decision to extradite Estonian citizen Andrei Sevljakov to the US, ERR reports. The court pointed to concerns that detention conditions in US prisons may not meet humane standards. The court instructed the government to obtain assurances from the US that Sevljakov’s prison conditions will not be inhumane….
US engineering company KBR has signed a cooperation agreement with Latvia’s GI Terminal on a project to build a renewable aviation fuel plant at Latvia’s Port of Liepaja, LSM reports. Under the memorandum of understanding, KBR will provide engineering solutions and equipment for GI Terminal’s planned sustainable aviation fuel (SAF) plant and CO2 liquefaction terminal…
The Lithuanian fish processing company, Port Lite, has invested EUR 80mn in a new salmon processing plant in the Latvian port city of Liepaja, Baltic News Network reports. Sigitas Ambrazevicius, founder and owner of Port Lite, said that the 15,000 m2 plant would process around 25,000 tonnes of salmon per year. The company will sell…