Poor management of Latvia’s state forest management company, Latvijas Valsts Mezi (LVM), led to major monetary losses, according to the State Audit Office (LRVK), LSM reported. The audit concluded that LVM’s management and the Ministry of Agriculture had failed to ensure sufficiently effective oversight of the company. The government’s decision to provide support to timber…
Russia’s Federal Antimonopoly Service (FAS) has doubled rail freight tariffs to Estonia, Latvia, and Finland as of 1 June 2026, ERR reports. The double rate will apply to freight transported via Belarus to Latvia and Estonia as well. Freight to Russia’s Kaliningrad exclave or Lithuania is exempt, however. Estonian logistics expert Raivo Vare pointed out…
Passenger traffic by land and sea transport increased in Latvia in 2025, according to the Central Statistical Bureau (CSP), LSM reported. The number of passengers on land transport totalled 192.4 million in 2025, which was up 0.6% from 191.2 million in 2024. The number of passengers on regular bus lines amounted to 97.6 million (down…
Tourist accommodation establishments in Latvia had a total of 447,100 guests in the first quarter of 2026, which was down 3.0% from 460,800 in the same period of 2025, according to the Central Statistical Bureau (CSP), LSM reports. The number of foreign guests amounted to 246,600, which was 7.2% fewer than a year earlier. The…
Lithuanian President Gitanas Nauseda denied that the US was pressuring Lithuania to reopen transit shipments of fertilisers from Belarus, BNS reported. He stressed that Belarusian fertilisers were under EU sanctions and insisted that there were no grounds to lift the sanctions. Earlier, Foreign Minister Kestutis Budrys told a closed-door meeting of the parliamentary group of…
Latvia’s outgoing Prime Minister Evika Silina has dismissed Agriculture Minister Armands Krauze of the Union of Greens and Farmers (ZZS) after the latter came under criminal investigation for abuse of office, LSM reported. Earlier, Latvia’s Corruption Prevention and Combating Bureau (KNAB) briefly detained Krauze and the Agriculture Ministry’s former state secretary, current director of the…
Estonia’s national transmission system operator, Elering, has postponed plans to build a fourth electricity interconnection with Latvia until after 2038, which was the project’s original completion date, ERR reports. Earlier, Elering postponed a decision on the construction of a third undersea electricity connection to Finland. Reigo Kebja, board member at Elering, said that final investment…
Finnish President Alexander Stubb is paying a two-day state visit to Lithuania, STT reports. Finland’s Minister for Foreign Trade and Development, Ville Tavio, and a large business delegation are travelling together with the president. The visit will focus on bilateral relations, defence and technology cooperation, and Russia’s war of aggression in Ukraine. Stubb will meet…
France’s highest court, the Court of Cassation, has refused to hear the appeal of fugitive Russian businessman Vladimir Antonov against his extradition to Lithuania, BNS reported. Antonov was detained in France in December 2025 under a European arrest warrant issued by Lithuanian prosecutors. Earlier, a court in Lithuania convicted Antonov and his business partner, Raimondas…