Baltic: Deficit lowest in Lithuania, debt in Estonia in Q1/2026

Lithuania’s budget deficit was the smallest in the Baltic States in the first quarter of 2026, according to Eurostat data, BNS reported. Lithuania’s budget deficit stood at 0.9% of GDP, which was down from 1.7% in the fourth quarter of 2025. Estonia’s budget deficit amounted 1.2% (1.3%) and Latvia’s to 1.9% (2.4%) of GDP. Meanwhile,…

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Latvia: Major data leak at state forest management company

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…

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