The European Bank for Reconstruction and Development (EBRD) has lowered its GDP growth forecasts for all three Baltic States in both 2026 and 2027, LETA reports. The bank now projects that Estonia’s GDP will grow by 2.1% in 2026 and 2.3% in 2027. In February 2026, the bank’s GDP growth forecast for Estonia was 2.2%…
US president-elect Donald Trump has nominated Estonian-born lawyer Roman Pipko for US ambassador to Estonia, ERR reports. The US Senate is expected to confirm the nomination. Pipko will replace George Kent, who assumed the ambassadorship in January 2023. Trump noted that Pipko worked at the European Bank for Reconstruction and Development and the Russian-American Enterprise…
The European Bank for Reconstruction and Development (EBRD) expects the Latvian and Lithuanian economies to grow and the Estonian economy to contract in 2024, LSM reports. The bank lowered its GDP growth forecast for Estonia and Latvia, but raised its forecast for Lithuania. EBRD now expects Estonia’s GDP to decline by 0.8% in 2024, down…