The volume of freight transported by road increased, while the volume of rail freight decreased in Latvia in 2025, according to the Central Statistical Bureau (CSP), LSM reports. The total volume of freight transported by land amounted to 89.8 million tonnes in 2025, which was up 0.6% from 89.3 million tonnes in 2024. The volume…
Estonia’s Foreign Minister, Margus Tsahkna, warned Europe against direct talks with Russia at a time when Ukraine has gained the upper hand in the war against Russian aggression, Bloomberg reported. Speaking on the sidelines of the annual Lennart Meri Conference (LMC) in Tallinn, Tsahkna insisted that now was not the moment to negotiate, but to…
Latvian President Edgars Rinkevics has begun consultations with parliamentary groups on forming a new government, Baltic News reports. The President stressed the need to ensure political stability, effective governance, and national security continuity. The discussions are focused on how to build a working coalition in the parliament, the Saeima, and on the future direction of…
The number of unemployed people in Estonia totalled 52,200 in the first quarter of 2026, which was 5,100 more than in the fourth quarter of 2025, but much lower than in the first quarter of 2025, according to data from Statistics Estonia, ERR reports. Estonia’s unemployment rate stood at 7.1%, which was up 0.7 percentage…
The Baltic States are likely to see a more than 2% decline in GDP per year due to poor mental health over 2025-2050, according to a new report from the Organisation for Economic Co-operation and Development (OECD), ERR reports. The projected drop in GDP in Estonia, Latvia, and Lithuania will be the highest of all…
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…
Estonia’s ruling coalition plans to pass a new climate law before the parliamentary elections due in March 2027, the Minister of Energy and the Environment, Andres Sutt, announced, ERR reports. Prime Minister Kristen Michal expects the parliament, the Riigikogu, to begin discussing the draft law before summer 2026 and approve the legislation in autumn 2026….
The Estonian government has decided not to privatise four state-owned energy, real estate, digital services, and lottery firms, ERR reports. The decision applies to four state-owned enterprises controlled by the Ministry of Finance: energy group Eesti Energia, state real estate manager Riigi Kinnisvara Aktsiaselts (RKAS), digital services company Levira, and lottery operator Eesti Loto. The…
Latvia’s annual inflation rate reached 2.9% in April 2026, compared to the corresponding period of 2025, according to the Central Statistical Bureau’s (CSP) data, LSM reports. The rise in inflation was mainly influenced by increases in the prices of fuel, heating, electricity, health care, and catering and accommodation services. Compared to March 2026, average consumer…