A new Baltic think tank, the Baltic International Security Centre (BISC), was launched at an event in the Belgian capital, Brussels, on 3 June 2026, LSM reports. The UK-based centre was founded by British veteran journalist and security expert Edward Lucas. BISC’s patrons are four former Baltic presidents: Estonia’s Toomas Hendrik Ilves, Latvia’s Vaira Vike-Freiberga…
Average consumer prices for transport fuel in Latvia rose by 28.2% on year in May 2026, according to data from the Central Statistical Bureau (CSP), LSM reported. Retail prices for diesel fuel increased by 33.3%, for petrol by 21.5%, and for autogas (LPG) by 14.4% over a year. Compared to April 2026, average fuel prices…
This year’s Baltic Pride parade was held in the Estonian capital, Tallinn, on 6 June 2026, ERR reports. The parade progressed through Tallinn’s Old Town and ended with an open-air concert at the Telliskivi Creative City. This year’s theme was “silence will not defeat hate,” emphasising the need to speak up and take action against…
Latvia’s industrial production output increased by 7.0% in April 2026, compared to the same period of 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reported. Output in manufacturing rose by 6.8% and in electricity and gas supply by 12.1%, while output in mining and quarrying fell by 8.3% over…
Latvia’s State Treasury has raised EUR 1bn with a new bond issue on international financial markets, LSM reports. The government bonds have a maturity of seven years, carry a yield of 3.525%, and have a fixed coupon rate of 3.500%. The bonds were purchased by more than 70 investors, mostly European asset managers. Total investor…
The three Baltic States have joined eight other European countries in calling on the EU to impose tighter restrictions on visas for Russian citizens, ERR reports. The joint letter from the foreign and interior ministers of nine EU member states, Norway, and Iceland stated that “Russians should not be sunning themselves on European beaches while…
Latvia’s security situation has not improved and has become more complex, President Edgars Rinkevics stated, LETA reports. Speaking in an interview on TV24, Rinkevics warned that Russia was becoming more unpredictable and that Latvia must be prepared to respond to various kinds of Russian provocations. At the same time, he noted that the threat posed…
The number of nights spent in tourist accommodation increased in Estonia but decreased in Latvia and Lithuania in the first quarter of 2026, according to Eurostat data, LSM reports. The number of overnight stays in Lithuania totalled 2.05 million, which was down 12.9% from 1.78 million nights a year earlier. The decline was the biggest…
Business sentiment in Latvia was positive in the retail and services sectors, but negative in manufacturing and construction in May 2026, according to the Central Statistical Bureau (CSP), LSM reports. The retail confidence indicator stood at 3.1%, which was up 1.5 percentage points from April 2026. In services, the seasonally adjusted confidence indicator was 1.6%,…
