Latvia’s state real estate management company, Valsts Nekustamie Ipasumi (VNI), plans to complete the construction of a fence along the full stretch of the country’s border with Russia by the end of 2025, LSM reports. Only around 6 kilometres of the fence remains to be built in areas of difficult terrain along the border. VNI…
Estonia’s state-owned postal services provider, Omniva (Eesti Post), plans to nearly halve the number of post offices nationwide in 2026, ERR reports. The company will cut the number of post offices from current 35 to 19. Omniva will continue to have at least one post office in each of Estonia’s 15 counties. Also, the company…
Lithuania’s GDP rose by 3% over a year in 2024 to EUR 79bn at current prices, according to the State Data Agency’s (VDA) revised data, BNS reports. Gross value added in manufacturing rose by 2.9% and in wholesale and retail trade by 2.6% in constant prices. Growth in professional, scientific, and technical activities stood at…
Parties in Latvia’s coalition government have postponed decisions on possible changes to the management of the country’s national air carrier, airBaltic, LSM reports. Prime Minister Evika Silina said that the government would wait for decisions of airBaltic’s shareholders. She noted that airBaltic was partly privately-owned, and that the government did not manage the company directly….
Latvia’s new early warning system will not be implemented at the end of 2024 as planned because of a delay in the procurement process, Interior Minister Rihards Kozlovskis announced, LSM reports. He said that the delay was due to the many legal appeals during the procurement procedure. The ministry announced a procurement tender for the…
The financial regulatory authorities of the eight Nordic and Baltic countries have conducted a financial crisis simulation exercise under the Nordic Baltic Stability Group framework, ERR reports. The exercise was aimed at testing preparedness for a potential crisis situation, including in communication, information sharing, and collaboration between the authorities. Around 450 participants representing Nordic, Baltic,…
Estonia’s Interior Ministry needs EUR 40mn to complete the deployment of infrastructure on the country’s border with Russia by the end of 2025, Interior Minister Lauri Läänemets estimated, ERR reports. He said that the infrastructure included fencing, technological equipment, access roads, and communication systems. The overall cost could rise to EUR 100mn if the government…
A total of 544,800 households in Estonia, or 92.9% of all households, have used the internet in 2024, according to data from Statistics Estonia, ERR reports. The most common services used on the internet are online banking (90.4%) and email (89.7%). Another 88% of people use the internet to look for information about products or…
The number of job vacancies in Latvia was 23,900 in the second quarter of 2024, which was 1,400 (5.6%) fewer than in the same period of 2023, according to data from the Central Statistical Bureau (CSP), LETA reports. The number of vacancies amounted to 12,800 in the private sector (down 10.7%) and to 11,100 in…