Several Ukrainian strike drones have crashed in the three Baltic States and Finland as Ukraine is attacking Russia’s oil and gas infrastructure, Baltic News and YLE reported. The drones are targeting oil and gas terminals and other infrastructure at Russia’s ports on the Gulf of Finland and the Kirishi oil refinery. One of the stray…
Estonia’s bankrupt state-owned airline, Nordica, has shut down operations after the sale of all its leased aircraft to US-based Regional One, ERR reports. Nordica’s last jet, a Bombardier CRJ-900NG, took off from Tallinn Airport on 31 March 2026. The planes had been leased to Nordica’s subsidiary, Regional Jet (Xfly), which has filed for bankruptcy as…
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in 2025, which was an increase of more than double from 2024, The Baltic Times reported. The volume of local bonds issued totalled EUR 1.37bn, which was up 42% over a year. The number of Baltic companies issuing bonds reached a…
The council of elders of the Estonian parliament, the Riigikogu, agreed that the next presidential election could be held on 2-3 September 2026, ERR reports. The council will meet again on 26 February 2026 to discuss a possible candidate to the post. Õnne Pillak, chairwoman of the parliamentary group of the ruling Estonian Reform Party,…
Corruption remained considerably lower in Estonia than in Latvia and Lithuania in 2025, according to Transparency International’s Corruption Perceptions Index, ERR reports. Estonia ranked 12th on the index, which was up from 13th place in 2024, BNS reported. Meanwhile, Lithuania came in on 28th (32nd) and Latvia on 37th (38th) place, LSM reported. Estonia scored 76…
Recent remarks by Estonian President Alar Karis have led to questions from foreign partners about Estonia’s position on the war in Ukraine, Foreign Minister Margus Tsahkna said, ERR reports. Following his visit to Kyiv, Tsahkna said that the President’s suggestions of possible EU talks with Russia, lifting sanctions, and for Ukraine to cede territory had…
Estonian President Alar Karis assured that Estonia’s foreign policy remained united despite criticism of his comments on the war in Ukraine, ERR reports. Earlier, Karis expressed support for appointing a special EU envoy for peace talks with Russia and suggested that Ukraine cede territory to end the war. Speaking on the sidelines of the opening…
The water level in the Baltic Sea has fallen to one of the lowest levels in recorded history, ELTA reports. On the Latvian coast, the sea level has dropped to around 65 cm below zero level, according to the Latvian Environment, Geology and Meteorology Centre (LVGMC). In Liepaja and Ventspils, the sea level is close…
Estonian capital Tallinn’s city council has approved the city budget for 2026, ERR reports. Total revenues are planned at EUR 1.2bn, including EUR 781.2mn from personal income tax, EUR 188.3mn in state and other grants, EUR 112.4mn from the sale of goods and services, EUR 36.4mn from land tax, and EUR 9.5mn from external funding….
