Completing the construction of the Rail Baltica railway in all three Baltic States by 2030 is “mathematically impossible,” Latvian Prime Minister Andris Kulbergs stated, LETA reported. Speaking in an interview with TV3, Kulbergs said that Estonian political leaders were living in a “dream world” regarding the project’s timetable, suggesting that they had been given incomplete…
Hackers have stolen large amounts of sensitive data from Latvia’s state forest management company, Latvijas Valsts Mezi (LVM), LETA reports. Baiba Kaskina, head of Latvia’s Cyber Incident Response Institution (CERT.LV), suggested that that the attack appeared to have been commercially motivated, LSM reported. A foreign ransomware group has claimed responsibility for the attack. Prime Minister…
The three Baltic States lack sufficient funding to complete the first phase of the Rail Baltica railway project, LSM reports. The total cost of the first phase is estimated at EUR 15bn, and only slightly more than EUR 5bn of funding has been pledged so far. Marko Kivila, CEO of the project’s central coordinating entity,…
Lithuania’s incoming new coalition government may try to resume official dialogue with neighbouring Belarus on reopening transport links and trade, The Baltic Sentinel reports. Political analyst Vytautas Bruveris noted that many rural voters of the Lithuanian Social Democratic Party (LSDP) and the Lithuanian Union of Farmers and Greens (LVZS), especially in eastern Lithuania, were tired…
Latvia’s state-owned passenger train operator, Pasazieru Vilciens (Vivi), will impose a contractual penalty of EUR 5.7mn on the Czech rolling stock manufacturer, Skoda Vagonka, LETA reports. Vivi board chairman Raitis Nespors explained that the penalties were due to delays in the delivery of new electric trains, failure to rectify identified defects on time, and other…
The Latvian parliament, the Saeima, has passed amendments blocking investors from Russia and Belarus from obtaining temporary residence permits in Latvia, LETA reports. The amendments close a legal loophole that allowed Russian and Belarusian investors to obtain residence permits through an investment programme for alternative investment fund managers. Meanwhile, a parliamentary commission recommended setting quotas…
Latvia’s Supreme Court has annulled the Riga Regional Court’s decision to acquit all defendants in the so-called second digital TV criminal case, LETA reports. The defendants include former transport minister Ainars Slesers, chairman of the populist Latvia First (LPV) party, former prime minister, prominent businessman Andris Skele, as well as several former executives at the…
Estonia’s state-owned transmission system operator, Elering, plans to build new undersea electricity interconnections with Finland and Latvia by 2040, ERR reports. Priit Heinla, head of offshore grid development at Elering, said that investment decisions on the two projects could be made in 2031-2033. Elering expects electricity prices to remain lower in the Nordic countries. Therefore,…
Three political groups in the Lithuanian parliament, the Seimas, have signed an agreement on a new coalition government, BNS reports. The new ruling coalition will include the Lithuanian Social Democratic Party (LSDP), the Union of Democrats for Lithuania, and the joint parliamentary group of the Lithuanian Union of Farmers and Greens and the Electoral Action…
