Lithuania’s GDP rose by 3% over a year in 2024 to EUR 79bn at current prices, according to the State Data Agency’s (VDA) revised data, BNS reports. Gross value added in manufacturing rose by 2.9% and in wholesale and retail trade by 2.6% in constant prices. Growth in professional, scientific, and technical activities stood at…
Business sentiment in Latvia improved in all economic sectors in September 2025, according to the Central Statistical Bureau’s (CSP) latest survey, LSM reports. The business confidence indicator was 4.8% in retail trade, which was up 1.5 percentage points from August 2025. Business confidence stood at 1.7% in services (up 1.3 points), negative 3.5% in manufacturing…
Estonia’s GDP growth will reach 0.6% in 2025, according to the latest economic forecast from the Bank of Estonia, Estonian World reports. In June 2025, the central bank forecast that the GDP would rise by 1.5% in 2025. The central bank expects Estonia’s economy to grow by over 3% in 2026 and 2027, boosted by…
Thousands of people demonstrated in the centre of the Lithuanian capital, Vilnius, against Prime Minister Gintautas Paluckas on 8 July 2025, BNS reported. The protest rally was organised by the Democracy Forum and local activists. The demonstrators demanded answers from Paluckas on his current and past business dealings, an end to the current coalition with…
German President Frank-Walter Steinmeier paid a working visit to Latvia on 8 July 2025, LSM reported. He held talks with Latvian President Edgars Rinkevics and Prime Minister Evika Silina. Steinmeier highlighted Germany’s special connection and historical and cultural ties with Latvia. Speaking about bilateral cooperation on security policy, he noted that Latvia was beginning to…
Estonian capital Tallinn’s mayor, Jevgeni Ossinovski of the Social Democratic Party (SDE), survived a vote of no confidence in the city council on 8 July 2025, ERR reported. The motion received 33 votes out of 40 needed to oust the mayor. Members of the city’s four-party ruling coalition did not take part in the extraordinary…
Poland has temporarily reinstated internal controls at 13 checkpoints on its border with Lithuania in response to increased secondary irregular migration via Belarus, LRT reports. Both Lithuania’s State Border Guard Service (VSAT) and the Lithuanian National Road Carriers Association (LINAVA) said that there were no traffic jams on the border on the first day of…
Latvia’s Riga International Airport (RIX) served more than 3.3 million passengers in the first half of 2025, which was 5% more than in the same period of 2024, LSM reported. The number of flights increased by 3% to 30,378. The airport’s cargo turnover rose by 9% to 9,194 tonnes.
Estonia’s fuel market remained stable in 2024, ERR reported. Olerex retained market leadership with annual sales of EUR 551.6mn, which was largely unchanged from 2023. Motor fuel accounted for 81% of overall turnover. The company’s profit remained stable at EUR 6.7mn. Circle K’s revenue declined to EUR 369.3mn, while its net profit increased to EUR…