The Baltic States and Poland can become a bridge to reinforce relations with the United States, Latvian President Edgars Rinkevics said, LETA reports. Speaking at a joint press conference with visiting Polish President Karol Nawrocki in Riga, Rinkevics called on countries in the region to ensure that transatlantic ties are strengthened rather than weakened. He…
The Lithuanian parliament, the Seimas, has approved the state budget for 2026 with 80 votes for, 39 against, and 7 abstentions, BNS reports. Under the budget, annual revenues, including EU funds, will amount to EUR 21.07bn and expenditures to EUR 27.51bn. The government’s net borrowing limit has been increased to EUR 7.79bn, ELTA reports. The…
Only 4% of multi-apartment houses in need of renovation in Latvia have been renovated, according to the State Audit Office (LRVK), LSM reports. Latvia has over 39,500 multi-apartment houses, of which at least 26,600 need renovation. Martins Abolins, member of LRVK’s council, noted that more than half of all multi-apartment houses in the country were…
Estonia’s Ministry of Climate has drawn up a draft bill that would allow building nuclear power plants in the country, ERR reports. The law, which would come into force in January 2027, would task the Consumer Protection and Technical Regulatory Authority (TTJA) with regulation. Energy Minister Andres Sutt suggested that Estonia could eventually have small…
The Estonian parliament, the Riigikogu, has approved the state budget for 2026 with 51 MPs voting for and 37 against, ERR reports. The government estimates annual budget revenue at EUR 18.6bn and expenditure at EUR 19.5bn. Investments will total EUR 1.3bn, which will be 45% more than in 2025. Then government expects tax revenues to…
The prime ministers of the three Baltic States will meet in the Latvian capital, Riga, on 12 December 2025, BNS reports. The meeting concludes Latvia’s presidency of the Baltic Council of Ministers. Estonia will take over the presidency in 2026. The prime ministers will discuss regional security, including support for Ukraine and strengthening Europe’s eastern…
Latvia’s foreign trade turnover totalled EUR 35.82bn at current prices in the first ten months of 2025, which was up 5.9% from the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Latvia’s exports of goods amounted to EUR 16.4bn (up 4.3%) and imports to EUR 19.41bn (up…
Gross domestic expenditure on research and development (R&D) in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. Estonia’s R&D spending stood at 1.99% of GDP, which was up from 1.83% in 2023. The indicator stood at 1.04% (1.04%) in Lithuania and at 0.92% (0.82%) in Latvia. The EU…
The number of job vacancies in Latvia totalled 19,200 in the third quarter of 2025, which was 3,700 (16.1%) less than in the same period of 2024, according to data from the Central Statistical Bureau (CSP), LSM reports. The number of vacancies amounted to 10,800 in the private sector and to 8,400 in the public…