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…
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…
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…
Authorities in Latvia and Lithuania have opened investigations into information in documents related to the convicted US sex trafficker, Jeffrey Epstein. The documents contain hundreds of references to Latvia and Lithuania, including indications that Epstein’s associates had recruited young women and children for sexual exploitation through local modelling agencies, LETA and LRT reported. Latvia’s State…
Estonian President Alar Karis and Latvian Prime Minister Evika Silina back an idea to appoint a special EU envoy for talks with Russia on ending the war in Ukraine, Euronews reports. Speaking in interviews at the World Governments Summit in the UAE, both Karis and Silina said that any communication with Russia should be conducted…
Estonian Prime Minister Kristen Michal urged Latvia to complete its part of the Rail Baltica railway by 2030 as agreed, ERR reported. Michal said that Estonia would “kindly pressure” Latvia with the help of EU funding. Earlier, Maris Dzelme, board chairman of Eiropas Dzelzcela Linijas (EDZL), which manages the construction project in Latvia, said that…
The US Congress has approved USD 200mn in security assistance to Estonia, Latvia, and Lithuania under the Baltic Security Initiative (BSI) in 2026, ERR reports. BSI supports the independent defence capabilities and interoperability of the Baltic States. In addition, the US has allocated defence aid to the Baltic States under the Department of State’s Foreign…
Newly released documents connected to the convicted US human trafficker, Jeffrey Epstein, include numerous mentions related to the Baltic States. Several documents refer to travel arrangements to Estonia, Latvia, and Lithuania, Estonian World reports. Many messages refer, often in sexualised context, to women that Epstein or his associates had met in the Baltic States. Latvia…
Gross domestic expenditure on research and development (R&D) in relation to GDP in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. R&D spending amounted to 1.99% of GDP in Estonia in 2024, which was up from 1.41% in 2014. Meanwhile, R&D expenditure stood at 1.04% (1.03%) of GDP…