Coordinated action by the Baltic States was essential to synchronise their power grids with the continental European system, Latvian President Edgars Rinkevics stated, LETA reports. Rinkevics discussed the synchronisation project with Climate and Energy Minister Raimonds Cudars. Earlier, Lithuanian President Gitanas Nauseda urged Rinkevics to speed up the synchronisation project, LETA reported. Speaking after a…
Swedish media company Viaplay Group will exit the Baltic market as part of its cost-saving plans, ERR reports. Viaplay broadcasts entertainment and live sports, including matches from top European football leagues. Viaplay Group reported a net loss of SEK 6.174mn (EUR 534,000) in the first half of 2023.
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…
