Latvia’s Riga City Council may revise its property tax policy to address the issue of abandoned and empty shopfronts in the Old Town, LSM reports. Also, the city council has invested EUR 1.5mn in promoting Riga as a tourist destination and will launch a major redevelopment project for two streets in the Old Town to…
Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan Al Saud, visited Estonia, where he met with Prime Minister Kaja Kallas and Foreign Minister Margus Tsahkna, ERR reports. The discussions focused on economic and business cooperation, regional security, and human rights. Also, the foreign ministries of the two countries signed a memorandum to facilitate regular consultations….
National security, defence, and education will remain the main priorities of Lithuania’s state budget in 2025, Prime Minister Ingrida Simonyte stated, BNS reports. Speaking in an interview with Info TV, Simonyte said that the government would spend a large part of budget revenues to raise pensions, increase teacher salaries, and service the public debt. The…
Latvia’s state-owned postal services provider, Latvijas Pasts, has reversed its decision to close down more than half of its post offices, LETA reports. The company will only close down 12 post offices in places where the number of post offices exceeds the requirements on universal postal services. Latvijas Pasts plans to relocate post offices in…
Estonian Prime Minister Kaja Kallas has pledged not to comment on domestic politics if she is appointed as the EU’s foreign policy chief, ERR reports. She will be stepping down after over three years in office. Despite challenges and tensions within the ruling coalition during her tenure, Kallas acknowledged the honour of serving and expressed…
Defence spending as a percentage of GDP in the Baltic States is among the highest in NATO, according to the Tallinn-based International Centre for Defence and Security (ICDS), LSM reports. The study shows that Estonia’s overall defence expenditure amounts to 3.43% of GDP, which is third-highest in NATO after Poland (4.12%) and the US (3.72%)….
Lithuanian Transport Minister Marius Skuodis says EUR 1.3bn is needed to significantly improve the country’s road infrastructure, BNS reports. The current budget for road maintenance is EUR 872mn, which falls short of the necessary amount to address the deteriorating conditions, Skuodis says. The Ministry of Transport is exploring ways to provide direct funding to the…
Latvian President Edgars Rinkevics has successfully distanced himself from his former party, New Unity and established his own independent identity, according to political scientist Lelde Metla-Rozentale of Riga Stradins University, LETA reports. While New Unity voters still associate Rinkevics with the party, his work is highly regarded across various voter groups, including those from the…
The Estonian Reform Party has proposed reducing the tax-free income threshold to boost government budget revenue, Prime Minister Kaja Kallas revealed, ERR reports. However, she said that Reform’s coalition partners, Estonia 200 and the Social Democratic Party (SDE), opposed the idea due to its potential adverse impact on low-income earners. Interior Minister Lauri Läänemets of…