Estonian Prime Minister Kristen Michal urged Latvia to complete its part of the Rail Baltica railway by 2030 as agreed, ERR reported. Michal said that Estonia would “kindly pressure” Latvia with the help of EU funding. Earlier, Maris Dzelme, board chairman of Eiropas Dzelzcela Linijas (EDZL), which manages the construction project in Latvia, said that…
Lithuania’s Klaipeda State Seaport has begun a procurement process for contractors in the first phase of a project to develop the port’s southern area, The Baltic Times reports. The plan is to begin construction on the southern port gates in 2026. The project involves reclaiming around 100 hectares of new port territory and building 1.3…
Lithuania’s Deputy Minister of Agriculture, Arunas Jagminas, has resigned amid an investigation into possible corruption, BNS reports. Lithuania’s Special Investigation Service (STT) suspects Jagminas of abusing his office to embezzle high-value property in his role as director of a construction company in Silute, BNS reports. In addition, the corruption probe has implicated the director of…
Lithuania’s real GDP totalled EUR 84bn at current prices in 2025, which was up 2.7% from 2024, according to seasonally and calendar-adjusted data from the State Data Agency (VDA), BNS reported. According to unadjusted data, the country’s GDP rose by 2.8% on year. Gross value added grew by 3.2% in industry, 3% in services, 2.1%…
The prime ministers of the Baltic States assured that the Rail Baltica railway from Tallinn to the Polish border would be completed on schedule, BNS reported. Speaking after a joint meeting in Riga, the three prime ministers pledged to secure maximum EU funding for the project. Estonian Prime Minister Kristen Michal stressed that the railway…
Lithuania’s Defence Minister, Robertas Kaunas, has dismissed concerns over contractors chosen to build a military base for German troops in Rudninkai, ELTA reports. He noted that none of the bidders raised security concerns and there was thus no legal basis to exclude them. One of the companies, Rudina, which won a contract for EUR 348.35mn,…
Estonia’s GDP totalled EUR 39.848bn in 2024, which was up 3.9% from EUR 38.353bn in 2023, according to fresh data from Statistics Estonia, ERR reports. GDP per capita amounted to EUR 29,036, which was up EUR 1,047 from 2023. The service sector accounted for a record high of 75% of total value added in the…
The Lithuanian parliament, the Seimas, has approved the state budget for 2026 with 80 votes for, 39 against, and 7 abstentions, BNS reports. Under the budget, annual revenues, including EU funds, will amount to EUR 21.07bn and expenditures to EUR 27.51bn. The government’s net borrowing limit has been increased to EUR 7.79bn, ELTA reports. The…
Only 4% of multi-apartment houses in need of renovation in Latvia have been renovated, according to the State Audit Office (LRVK), LSM reports. Latvia has over 39,500 multi-apartment houses, of which at least 26,600 need renovation. Martins Abolins, member of LRVK’s council, noted that more than half of all multi-apartment houses in the country were…
