Estonia’s consumer price index rose by 3.7% on year in May 2026, according to Statistics Estonia, ERR reported. Consumer prices of goods rose by 3.1% and services by 4.6%. The increase in prices was influenced the most by a 10.4% rise in transport costs and 5.4% rise in housing-related costs, both driven up by higher…
Latvia’s State Treasury has raised EUR 1bn with a new bond issue on international financial markets, LSM reports. The government bonds have a maturity of seven years, carry a yield of 3.525%, and have a fixed coupon rate of 3.500%. The bonds were purchased by more than 70 investors, mostly European asset managers. Total investor…
The council of the Social Democratic Party of Lithuania (LSDP) has decided to end its coalition agreement with the far-right populist party, Dawn of Nemunas (PPNA), LRT reports. LSDP will instead begin negotiations with the opposition Union of Democrats for Lithuania (DSVL) on forming a new ruling coalition. LSDP chairman Mindaugas Sinkevicius stated that Lithuanian…
The three Baltic States have joined eight other European countries in calling on the EU to impose tighter restrictions on visas for Russian citizens, ERR reports. The joint letter from the foreign and interior ministers of nine EU member states, Norway, and Iceland stated that “Russians should not be sunning themselves on European beaches while…
Lithuania will only consider the deployment of US nuclear weapons in the country in the event of a crisis or war, Defence Minister Robertas Kaunas stated, BNS reports. He assured that there was “no talk” of deploying weapons of mass destruction in Lithuania during peacetime. However, in a crisis or war, Lithuania should be prepared…
Latvia’s security situation has not improved and has become more complex, President Edgars Rinkevics stated, LETA reports. Speaking in an interview on TV24, Rinkevics warned that Russia was becoming more unpredictable and that Latvia must be prepared to respond to various kinds of Russian provocations. At the same time, he noted that the threat posed…
Estonia’s harmonised index of consumer prices rose by 4% in May 2026 from a year earlier, according to Statistics Estonia’s preliminary estimate, ERR reports. Compared to April 2026, consumer prices rose by 0.9%. Lenno Uusküla, chief economist at Luminor, said that the rapid price increase was driven by higher energy and other commodity prices as…
The number of nights spent in tourist accommodation increased in Estonia but decreased in Latvia and Lithuania in the first quarter of 2026, according to Eurostat data, LSM reports. The number of overnight stays in Lithuania totalled 2.05 million, which was down 12.9% from 1.78 million nights a year earlier. The decline was the biggest…
A petition initiated by the mayor of the Lithuanian capital, Vilnius, Valdas Benkunskas, on stricter language rules for foreigners has collected more than 22,500 signatures, BNS reports. Under the proposal, non-EU residents would be required to have at least A2-level proficiency in Lithuanian after three years of residence. Earlier, Interior Minister Vladislav Kondratovic argued that…