Latvia’s ailing national airline, airBaltic, recorded a loss of EUR 128.2mn in the first half of 2026, compared to a loss of just EUR 1.7mn in the same period of 2025, LETA reported. The aviation group’s revenues totalled EUR 399.2mn, which was up 14.2% from EUR 349.6mn in the first half of 2025. In the…
Estonia’s new president, Ülle Madise, made her first working visits in office to neighbouring Latvia and Finland, BNS reported. In her meetings with the Latvian and Finnish presidents, she discussed defence and regional security, energy and transport connections, protection of critical infrastructure, support for Ukraine, Nordic-Baltic cooperation, and transatlantic relations. At a joint press conference…
GDP growth in the Baltic States will be strongest in Lithuania in 2026, according to the International Monetary Fund’s (IMF) latest World Economic Outlook, LETA reports. The IMF projects GDP growth of 2.7% in Lithuania, 2.3% in Latvia, and 2.1% in Estonia in 2026. In 2027, the GDP will grow by 2.2% in Estonia, 2.1%…
Baltic leaders criticised the US-Russian agreement on Russian diesel fuel supplies. Estonian Prime Minister Kristen Michal said that the agreement was a “major miscalculation,” warning that “deals with dictators are a road to hell,” ERR reported. He insisted that Russian revenues must be stopped and urged the EU to help Ukraine “blast Russia’s oil refineries…
The Prosecutor General’s Office of Lithuania (LGP) has asked the country’s public broadcaster, Lithuanian National Radio and Television (LRT), to explain its conduct of journalistic investigations, LRT reports. LGP sent a detailed list of 15 questions to LRT’s director general, Monika Garbaciauskaite-Budriene, asking how the company regulated secret recordings internally. The questions relate to an…
Latvia’s ailing national airline, airBaltic, will stop flights from Riga to Innsbruck altogether, suspend flights to Bucharest, Budapest, Oulu, and Sofia, and reduce flights to Copenhagen, Madeira, Munich, Oslo, Prague, and Vienna in the winter season of 2026/2027, LETA reports. Earlier, the airline announced that it would suspend flights on more than ten other routes….
Estonia’s former chancellor of justice, Ülle Madise, was sworn in as the country’s new president in the parliament, the Riigikogu, on 12 October 2026, ERR reports. She was elected to the office by the 101-member parliament with 71 votes on 2 September 2026. In her first speech as president, Madise noted that past attempts to…
Lithuania’s Interior Minister, Martynas Katelynas, has asked Defence Minister Robertas Kaunas to deploy troops to the country’s border with Russia’s Kaliningrad region, BNS reports. Katelynas said that the troop deployment was a preventive measure in response to an armed incident on Latvia’s border with Belarus. Speaking in an interview with Die Welt, Prime Minister Mindaugas…
The founder and chairman of Lithuanian property developer Hanner, Arvydas Avulis, is the country’s most influential business person, according to two new polls, BNS reports. Avulis ranked highest in surveys of both the country’s professional elite and general public. Combining the two polls, 51.6% of respondents ranked Avulis first. Dainius Dundulis, founder and owner of…
