Baltic: Rail Baltica seeks another EUR 360mn of EU funds

The Baltic joint venture, RB Rail, has submitted a new application to the European Commission for an additional EUR 357.5mn in funding from the EU’s Connecting Europe Facility (CEF) for the Rail Baltica railway project, BNS reports. The European Commission and the European Climate, Infrastructure and Environment Executive Agency are expected to announce their decisions on…

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Lithuania: Presidential aide urges debate on Vilnius metro

Lithuania should resume discussion on the possibility of building a metro system in Vilnius, Vaidas Augustinavicius, chief economic and social policy adviser to President Gitanas Nauseda, said, BNS reports. Speaking in an interview with Ziniu Radijas, Augustinavicius argued that the project should be reassessed given the new geopolitical context. He suggested that the underground metro…

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Estonia: Consumer confidence down sharply in October 2026

Consumer confidence in Estonia declined sharply while overall business confidence improved in October 2026, according to Statistics Estonia, ERR reports. The consumer confidence index stood at -32.4 percentage points, which was down from -23.5 points in September 2026. The confidence of Estonian consumers in their own financial situation and the country’s general economic situation decreased…

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Baltic: Baltic, Polish leaders urge EU funding for Rail Baltica

Baltic and Polish leaders urged the EU to allocate necessary funding for the Rail Baltica railway project under the EU’s multiannual financial framework in 2028-2034, the Office of the President of Lithuania reported. In a joint letter to European Council President António Costa and European Commission President Ursula von der Leyen, the leaders reaffirmed the…

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Estonia: New telecom cable to Sweden, Finland

Swedish telecommunications company GlobalConnect will lay a new undersea fibre-optic communications cable connecting Sweden, Estonia, and Finland, ERR reports. The cable will run from Sweden’s Gotland island to Estonia’s Saaremaa and Hiiumaa islands, through the Estonian mainland from Haapsalu to Viimsi, and then to Helsinki in Finland. The project will cost around EUR 40mn, of…

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