Estonia’s Foreign Minister, Margus Tsahkna, warned Europe against direct talks with Russia at a time when Ukraine has gained the upper hand in the war against Russian aggression, Bloomberg reported. Speaking on the sidelines of the annual Lennart Meri Conference (LMC) in Tallinn, Tsahkna insisted that now was not the moment to negotiate, but to…
The three Baltic States as well as Poland and Romania have expressed readiness to host more US troops, Politico reports. Earlier, US President Donald Trump announced that he would withdraw 5,000 or more US military personnel from Germany. Lithuanian President Gitanas Nauseda announced that Lithuania was prepared to host as many allied troops as it…
Latvia’s national air carrier, airBaltic, has drawn up a plan to resume flights to Ukraine as soon as it is safe to do so, Ukrainska Pravda reports. Speaking in an interview with Bloomberg, airBaltic CEO Martin Gauss said that the company planned to divert aircraft from other routes and implement overnight stops in Ukraine. He…
German airline Lufthansa may invest in Latvia’s national air carrier, airBaltic, according to Bloomberg, LETA reports. Sources said that negotiations on the deal were still at an early stage. Earlier, German news agency dpa cited Lufthansa’s CEO, Jens Ritter, who said that the company was interested in another airline operating its shorter routes, LSM reported….
Türkiye’s application to join the BRICS group undermines trust in the country, Lithuanian Foreign Minister Gabrielius Landsbergis stated, BNS reports. He pointed to questions on how to reconcile positions within NATO between countries that support Ukraine and those that are pro-Russian. “All this undermines trust,” he added. Meanwhile, Asta Skaisgiryte, chief foreign policy adviser to…
US investment company Blackstone plans to sell Baltic-based Luminor Bank, according to Bloomberg, LETA reports. Blackstone expects to sell the bank for around EUR 1.9bn and to conclude the deal in 2024. Peter Priisalm, head of Avaron Investments, suggested that one potential buyer could be Polish insurance group PZU, while Valeria Kiisk, partner at Redgate…
