The number of housing transactions in Latvia increased by around 20% in the first three quarters of 2025, compared to the same period of 2024, according to real estate agency Latio, LETA reported. The data showed that it took an average of 47 days to sell a home at market price in December 2025, which…
The Estonian Centre for Defence Investments (RKIK) has signed a contract to buy six K239 Chunmoo self-propelled multiple-launch rocket systems (MLRS) from South Korea’s Hanwha Aerospace for EUR 290mn, ERR reports. Under the deal, Hanwha will deliver the MLRS units within two years. Additional units and longer range may be added later. Also, Hanwha will…
Life satisfaction in the Baltic States was highest in Lithuania in 2024, according to Eurostat data, LSM reports. Lithuanian residents said that their overall satisfaction with life stood at 7.2 out of 10 points, which was the same as the EU average and unchanged from 2023. Meanwhile, life satisfaction was 7.1 (7.2) in Estonia and…
Lithuania’s ruling coalition plans to go ahead with legislation that would make it easier to dismiss the director general of the country’s public broadcaster, Lithuanian National Radio and Television (LRT), BNS reports. Juozas Olekas, speaker of the Lithuanian parliament, the Seimas, said that the coalition intended to submit a new version of draft amendments after…
The Latvian government has extended the enhanced border protection regime on the border with Belarus for another six months until 30 June 2026, LSM reports. The regime, which is in force in certain parishes and municipalities along the border, was due to expire at the end of 2025. The enhanced control regime was declared due…
Housing prices in Estonia rose by 5.2% on year in the third quarter of 2025, according to data from Statistics Estonia, ERR reported. The average price of apartments rose by 5.5% and of residential houses by 4.7% over a year. The number of transactions for second-hand housing increased, while the number of purchases of newly-built…
GDP per capita in the Baltic States was highest in Lithuania in 2024, according to preliminary data from Eurostat, BNS reports. Lithuania’s real GDP per capita stood at 87.5% of the EU average in 2024, followed by Estonia with 79.0% and Latvia with 68.4%. Actual individual consumption (AIC) per capita amounted to 88% of the…
Lithuania expects Belarus to honour its pledge to stop smuggler balloons from flying into Lithuanian airspace, Foreign Minister Kestutis Budrys stated, BNS reports. Earlier, US President Donald Trump’s special envoy, John Coale, announced that Belarusian leader Alyaksandr Lukashenka had promised to halt the balloon incursions. Budrys warned that failure to honour the pledge would affect…
Less than half of Latvians saw their income rise in 2025, according to a Norstat survey for Luminor Bank, LSM reports. In the survey, 41% of Latvian residents reported that their income had increased in 2025. Specifically, 27% said that their income had increased by up to 10%, another 10% by 10-15%, and 7% by…