Defects in new electric trains of Latvia’s state-owned carrier, Pasazieru Vilciens (Vivi), disrupted the daily commute of hundreds of passengers in the first week of 2024, LSM reported. The technical problems resulted in running cancellations and delays of many departures. Transport Minister Kaspars Briskens assured that most of the defects were “relatively trivial.” However, some…
Housing prices in the Baltic States rose the fastest in Lithuania in the third quarter of 2023, according to Eurostat data, BNS reports. Housing prices rose by 8.7% over a year in Lithuania, 3.8% in Estonia, and 3.2% in Latvia. Compared to the second quarter of 2023, housing prices rose by 2.4% in Lithuania, but…
The number of cars newly registered in Latvia totalled 18,000 in 2023, LSM reported. The most popular brands in the new car segment were Toyota (3,900), Skoda (2,350), and Volkswagen (2,000). In the second-hand car market, the most popular brands were BMW, Volkswagen, and Audi. The data showed that SUVs and 4×4 cars were the…
Latvia supports prohibiting the import of Russian grain but will not impose a unilateral ban, parties in the coalition government announced, LSM reports. Instead, Latvia calls on EU member states to agree on a common position on the issue. At the same time, the government is instructing ministries to assess the impact of such a…
The Latvian government will discuss the listing of state-owned companies and municipal enterprises on the stock exchange in January 2024, LSM reports. The first company to be listed will be national air carrier airBaltic. Finance Minister Arvils Aseradens said that the list would include other companies as well. Enterprises that may be listed include telecommunications…
Ukraine’s President, Volodymyr Zelensky, has arrived in the Lithuanian capital, Vilnius, on a tour of Baltic States, ERR reports. The topics of discussion will be security, EU and NATO integration, cooperation on electronic warfare and drones, and coordinating European support for Ukraine. Zelensky expressed gratitude for the “uncompromising support” for Ukraine that the Baltic States…
Lithuania is exploring the possibility of acquiring a stake in Latvia’s national air carrier, Air Baltic Corporation (airBaltic), according to Transport Minister Marius Skuodis, BNS reports. Skuodis has discussed the issue with his Latvian counterpart, Kaspars Briskens. Skuodis suggested that some airBaltic aircraft could be based in Lithuania and that airBaltic could become a joint…
Latvia’s registered unemployment level stood at 5.7% of the economically active population at the end of 2023, which was down from 6.1% at the end of 2022, according to data from the State Employment Agency (NVA), LETA reported. The number of registered unemployed totalled 50,344 at the end of 2023, which was down from 53,536…
Latvia will gradually assume responsibility for NATO’s Baltic air policing mission due to ongoing repairs at the Estonian Air Force base in Ämari, LETA reports. The Latvian National Armed Forces (NBS) air base in Lielvarde will host the mission for nine months from 1 March 2024. This is the first time that the mission rotation…