Annual inflation in the Baltic States was highest in Estonia in June 2023, according to Eurostat data, LETA reports. Estonia’s inflation rate stood at 9% in June 2023, followed by Lithuania with 8.2% and Latvia with 8.1%. Compared to May 2023, inflation amounted to 0.8% in Estonia. Meanwhile, consumer prices went down by 0.1% in…
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…
The Baltic States will not be able to decouple their power grids from the Russian-controlled BRELL system ahead of schedule in 2024, Rokas Masiulis, CEO of Lithuania’s electricity transmission system operator, Litgrid, stated, BNS reports. He said that the synchronisation process still depended on Estonia’s transmission system operator, Elering, which has said that Estonia will…
Senior officials from the Baltic states, Poland, and the European Commission met in Brussels and pledged to accelerate the synchronisation of the Baltic electricity grids with the continental European system, ERR reports. The current deadline for the synchronisation project is at the end of 2025. Timo Tatar, undersecretary of Estonia’s Ministry of Environment, said that…
NATO’s summit in the Lithuanian capital, Vilnius, was “truly historic,” Lithuania’s former chief of defence, Lieutenant General Valdas Tutkus, stated, Baltic News Network reports. He noted that the Baltic States received new security guarantees. Tutkus cautioned that the most “populist” demands could, if things went awry, lead to another world war. He argued that not…
Russian President Vladimir Putin was wrong when he thought that the war in Ukraine would break NATO unity, US President Joe Biden said in a speech at Lithuania’s Vilnius University on 12 July 2023, LETA reports. “Putin thought that democratic leaders would be weak, but he thought wrong,” Biden stated. He assured that the US…
Lithuania’s state-owned electricity supplier, Ignitis, will invest up to EUR 115mn in the development of an electric vehicle (EV) charging network in the Baltic States, GlobeNewswire reports. The investment will go towards acquiring EV charging stations. Ignitis plans to install up to 3,000 fast EV charging stations in the Baltic region by the end of…
The Nordic and Baltic countries and Poland expect Sweden’s membership of NATO to increase security in the Baltic Sea region, The Baltic Times reports. Swedish Prime Minister Ulf Kristersson said that Sweden was joining NATO as a “motivated partner,” after 200 years of non-alignment. Finnish President Sauli Niinistö reiterated that Finland’s membership of NATO was…
NATO has affirmed decisions taken at the alliance’s Madrid summit in 2022 to deploy more combat-ready forces to the Baltic States, LRT reports. NATO allies will increase their troop presence in the region to brigade-size units. Meanwhile, German Defence Minister, Boris Pistorius, announced that Germany’s deployment of a full brigade in Lithuania would be done…