The wealth of Estonian households has increased significantly, while wealth inequality has remained relatively stable over 2013-2024, according to the Bank of Estonia and Statistics Estonia, ERR reports. The household finance and consumption surveys showed that the median household had net wealth of EUR 103,300 in 2024, which was up more than double from EUR…
The Estonian government has approved a new climate law, sending the draft bill to the country’s parliament, the Riigikogu, for consideration, ERR reports. The legislation establishes general greenhouse gas emission reduction targets for 2030, 2035, and 2040. The parliament has already set a goal for climate neutrality by 2050. Sector-specific emission reduction targets are included…
Four political groups in Latvia have signed an agreement on tasks and working principles for a new coalition government, LETA reports. The new coalition would consist of the opposition United List and National Alliance as well as current coalition partners New Unity and the Union of Greens and Farmers (ZZS). United List’s Andris Kulbergs would…
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…
Latvia’s prime minister nominee, MP Andris Kulbergs of the opposition United List, announced that he would seek to form a four-party coalition government, LSM reported. After trilateral talks, United List, the National Alliance, and the Union of Greens and Farmers (ZZS) agreed to invite outgoing Prime Minister Evika Silina’s party, New Unity, to the negotiations….
The European Commission has approved an additional EUR 153mn in funding for Lithuania under the EU’s Recovery and Resilience Facility (RRF), BNS reports. The funds are due to be disbursed in July 2026. So far, Lithuania has received EUR 2.69bn under its national recovery plan. Lithuania will submit its final RRF payment request in September…
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…
The average price of agricultural land in Estonia was EUR 6,122 per hectare in 2025, which was down 9.7% from EUR 6,782 in 2024, according to Statistics Estonia, ERR reports. The price drop was due to a lack of large transactions. The average price of grassland stood at EUR 4,861 and arable land at EUR…
Estonia’s electricity consumption totalled 2,568 GWh in the first quarter of 2026, according to transmission system operator Elering, ERR reports. Electricity imports totalled 1,064 GWh, covering 41% of consumption. Estonia’s domestic production of electricity totalled 1,504 GWh, which was 7% less than a year earlier. Production of electricity from renewable sources totalled 951 GWh (down…