Estonia’s GDP rose by 2.1% in the second quarter of 2026, compared to the same period of 2025, according to Statistics Estonia’s flash estimate, ERR reported. Compared to the first quarter of 2026, the seasonally and working-day adjusted GDP rose by 0.4%. Tõnu Mertsina, chief economist at Swedbank, said that current estimates showed that Estonia’s…
Lithuania’s Foreign Ministry has proposed expanding national sanctions against Russian and Belarusian citizens, BNS reports. Under the proposed draft legislation, Russian and Belarusian individuals and organisations would be barred from public cultural or sports events in Lithuania if they have operated in Russian-occupied territories of Ukraine, directly or indirectly support the war against Ukraine, or…
Latvian banks reported combined profits of EUR 181.2mn in the first half of 2026, which was down 9.3% from EUR 199.7mn in the same period of 2025, according to data from the Bank of Latvia, LETA reports. The total assets of Latvia’s monetary financial institutions amounted to EUR 32.675bn at the end of June 2026,…
European Commission official Maive Rute has announced that she is willing to run for president of Estonia, ERR reports. Currently, Rute serves as deputy director-general of the European Commission’s Directorate-General for Internal Market, Industry, and Entrepreneurship (DG GROW). Her name was first mentioned as a possible presidential candidate by former president Toomas Hendrik Ilves in…
Around 5,000 third‑country nationals come to Estonia every year for seasonal work, mostly on farms, according to the Police and Border Guard Board (PPA), ERR reports. Most seasonal workers come from Ukraine, Moldova, Uzbekistan, India, and Georgia. Before Russia’s full-scale invasion of Ukraine, many seasonal workers came from Belarus as well, but Estonia has since…
Lithuanian President Gitanas Nauseda has proposed stricter rules on migration, BNS reports. Under the proposal, labour migrants would be required to leave Lithuania for at least six months after every two years of work. Also, the labour migrant quota would include not only new migrants but also those already in Lithuania. Skirmantas Bikelis, senior research…
The Latvian parliament, the Saeima, has passed amendments banning the import of certain industrial goods from Russia and Belarus, LETA reports. The amendments ban the import of books, newspapers, video games, sporting goods, toys, clothing, and footwear either directly or indirectly from Russia and Belarus. Transit shipments of such goods to other countries will not…
Estonia’s newly appointed ambassador to the US, Hannes Hanso, has announced that he would be ready to run for president, ERR reports. Previously, Hanso has served as Estonia’s ambassador to China, defence minister, mayor of Kuressaare, MP, and MEP. He was a member of the Social Democratic Party (SDE) from 2009 to 2019. Speaking in…
New EU sanctions have forced the Russian-owned supermarket chain, Mere, to close down its discount stores in Latvia and Lithuania, LETA reports. The EU’s latest package of sanctions against Russia lists the companies operating the Mere chain, and their majority owner, Russian businessman Sergey Shnayder. They were sanctioned for supporting activities that undermine Ukraine’s territorial…
