The European Bank for Reconstruction and Development (EBRD) has lowered its GDP growth forecasts for all three Baltic States in both 2026 and 2027, LETA reports. The bank now projects that Estonia’s GDP will grow by 2.1% in 2026 and 2.3% in 2027. In February 2026, the bank’s GDP growth forecast for Estonia was 2.2%…
Latvia’s GDP totalled EUR 9.9bn at current prices in the first quarter of 2026, according to data from the Central Statistical Bureau (CSP), LSM reported. Compared to the same period of 2025, the GDP rose by 2.5% at constant prices, according to seasonally and calendar non-adjusted data. Compared to the fourth quarter of 2025, the…
The Latvian parliament, the Saeima, has approved a new four-party coalition government led by Prime Minister Andris Kulbergs of the United List, LSM reports. Altogether 66 MPs voted for and 25 against the new right-of-centre government. Besides the United List, the new ruling coalition includes the National Alliance, New Unity, and the Union of Greens…
Estonia’s Finance Minister, Jürgen Ligi, vowed to defend budget discipline and push back against populist spending proposals ahead of the parliamentary elections in March 2027, ERR reported. Ligi said that the country’s political culture had deteriorated badly, and acknowledged that populism had crept into his own Estonian Reform Party as well. He insisted on the…
Four political groups in Latvia have agreed on the programme of a new coalition government and the distribution of ministerial portfolios, LSM reports. The United List’s MP, Andris Kulbergs, will serve as prime minister, and the party alliance will also hold the posts of ministers of finance, justice, and regional development. Outgoing Prime Minister Evika…
Four political groups in Latvia have signed an agreement on tasks and working principles for a new coalition government, LETA reports. The new coalition would consist of the opposition United List and National Alliance as well as current coalition partners New Unity and the Union of Greens and Farmers (ZZS). United List’s Andris Kulbergs would…
Latvia’s prime minister nominee, MP Andris Kulbergs of the opposition United List, announced that he would seek to form a four-party coalition government, LSM reported. After trilateral talks, United List, the National Alliance, and the Union of Greens and Farmers (ZZS) agreed to invite outgoing Prime Minister Evika Silina’s party, New Unity, to the negotiations….
The European Commission has approved an additional EUR 153mn in funding for Lithuania under the EU’s Recovery and Resilience Facility (RRF), BNS reports. The funds are due to be disbursed in July 2026. So far, Lithuania has received EUR 2.69bn under its national recovery plan. Lithuania will submit its final RRF payment request in September…
Latvian President Edgars Rinkevics has begun consultations with parliamentary groups on forming a new government, Baltic News reports. The President stressed the need to ensure political stability, effective governance, and national security continuity. The discussions are focused on how to build a working coalition in the parliament, the Saeima, and on the future direction of…
