The total profit of banks operating in Estonia in the first half of 2023 was almost as high as in the whole of 2022, ERR reports. Swedbank’s net profit amounted to EUR 214mn in six months, which was EUR 148mn from a year earlier. In 2022, Swedbank’s annual net profit stood at EUR 224mn. SEB…
The Baltic States will decouple from the BRELL power grid linked to Russia and Belarus in the beginning of 2025, Estonian Prime Minister Kaja Kallas announced, ERR reports. Earlier, Lithuania urged the Baltic States to synchronise their power grids with the continental European system ahead of schedule in 2024. Kallas noted that such a rapid…
Estonia continues to push for an EU-wide ban on Russian tourists, ERR reports. Andres Siplane, chief sanctions expert at the Foreign Ministry, said that discussions on a wider ban on Russian tourism continued almost every day behind closed doors. He said that Estonia was talking to Georgia about the issue as well. However, it is…
Estonia’s Minister of Defence, Hanno Pevkur, has approved a defence plan for 2024-2027 to increase the country’s military capabilities and defence forces, ERR reports. Pevkur said that Estonia would acquire “significantly more and better weapons, ammunition, and equipment,” as well as invest in people and infrastructure. The defence plans include investments in the Ämari Air…
Latvia’s Riga City Council has obliged owners of outdoor sales and catering establishments to ensure that their sound equipment and musical instruments do not disturb local residents, LSM reports. Under the new rules, municipal police can impose limits on loud music in outdoor cafés, bars, and similar establishments. Violations can lead to fines of up…
Latvia’s Latvians and Russian-speakers continue to hold completely opposite views on the war in Ukraine, according to an SKDS poll for Ir magazine, LSM reports. The survey showed that 78% of Latvian-speakers supported Ukraine in April 2023, while only 27% of Russian-speakers did so. In mixed households, just 32% supported Ukraine, which was down from…
An overwhelming majority of Lithuanians support the establishment of a register of sex offenders, according to a new Baltijos Tyrimai poll for LRT. The survey showed that 91% of Lithuanians supported the establishment of such a register. Just 4% disagreed, while 5% did not have an opinion. In May 2023, a group of MPs proposed…
Shorter alcohol sale hours in Lithuania have led to a decline in male deaths on Sundays and Mondays, according to a new study, BNS reports. Daumantas Stumbrys, senior researcher at the Lithuanian University of Health Sciences (LSMU), found that the mortality rate spiked on Sundays and Mondays, but had decreased to the weekly average since…
The Lithuanian Armed Forces (LGP) remain the country’s most trusted institution, according to a new Baltijos Tyrimai poll for LRT. The survey showed that 76% of respondents had confidence in LGP in June 2023. Another 71% trust the police, followed by the Catholic church with 66%, the president with 66%, the State Social Insurance Fund…