The Baltic States continue to have the highest loan interest rates in the eurozone, according to data from the European Central Bank (ECB), ERR reports. The average interest rate in the three Baltic countries was 5.9% at the end of November 2023. The eurozone average stood at 4.1%. Meanwhile, the average interest on consumer loans…
Satisfaction with life in the Baltic States was lowest in Latvia in 2022, according to Eurostat data, LSM reported. Residents in Latvia rated their overall life satisfaction at just 6.8 out of 10 points in 2022, which was up from 6.7 in 2021. The indicator stood at 7.1 (7.0) points in Lithuania and 7.2 (7.2)…
Housing prices more than tripled in Estonia between 2010 and the third quarter of 2023, rising by 210%, according to Eurostat data, LSM reports. Meanwhile, housing prices more than doubled in Lithuania (up 158%) and Latvia (up 141%) over the same period. The increase in rents was the EU’s highest in Estonia (up 218%) and…
Housing prices in the Baltic States rose the fastest in Lithuania in the third quarter of 2023, according to Eurostat data, BNS reports. Housing prices rose by 8.7% over a year in Lithuania, 3.8% in Estonia, and 3.2% in Latvia. Compared to the second quarter of 2023, housing prices rose by 2.4% in Lithuania, but…
The share of renewable sources in total energy consumption in the Baltic States was highest in Latvia in 2022, LSM reports. Eurostat data showed that 43.3% of Latvia’s gross final energy consumption came from renewable sources in 2022, which was up from 42.1% in 2021. Estonia came in second with 38.5% (37.4%), followed by Lithuania…
Estonia’s population totalled 1,373,101 people in the beginning of 2024, according to Statistics Estonia’s preliminary data, ERR reported. The country’s population thus increased by 4,184 people in 2023, including by 6,239 people in Harjumaa county and 2,025 people in Tartumaa county. The population decreased by 1,413 people in Ida-Virumaa county. Statistics Estonia will release more…
The minimum wage rose in all three Baltic States as of 1 January 2024, WageIndicator reported. The highest minimum monthly gross wage is in Lithuania, rising from EUR 840 in 2023 to EUR 924 in 2024. In Estonia, the minimum wage went up from EUR 725 to EUR 820 per month. Latvia has the lowest…
A leak of alleged security details of NATO’s summit in Lithuania’s capital, Vilnius, was linked to a breach of Lithuanian government IT systems, the National Crisis Management Centre (NKVC) announced, BNS reports. NKVC director Vilmantas Vitkauskas said that the seriousness of the incident was “likely to be greater than initially thought.” The government chancellery has…
Lithuania recorded dozens, if not hundreds, of information and cyber attacks just before and during the NATO summit in Vilnius, Kestutis Budrys, chief national security adviser to President Gitanas Nauseda, announced, LRT reports. He said that the authorities managed to repel almost all of the attacks, however. “Everything was red when the summit was taking…