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…
The prime ministers of the three Baltic States will meet in the Latvian capital, Riga, on 12 December 2025, BNS reports. The meeting concludes Latvia’s presidency of the Baltic Council of Ministers. Estonia will take over the presidency in 2026. The prime ministers will discuss regional security, including support for Ukraine and strengthening Europe’s eastern…
Estonia hopes to receive around EUR 6bn more from than it pays to the EU’s budget for 2028-2034, Finance Minister Jürgen Ligi said, ERR reports. Under the current budget proposal, Estonia would contribute EUR 4.8bn to the EU’s next multiannual financial framework. Estonia’s national allocation would amount to EUR 6.5bn and funds awarded competitively to…
Estonia’s Tallinn Airport will expand its passenger terminal by building around 16,500 m2 of new premises, BNS reports. In addition, the airport will reconstruct over 18,000 m2 of existing areas in the terminal. After the expansion, the passenger terminal’s total floor area will reach 52,500 m2, ERR reports. The airport’s current terminal was designed to…
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…
