The average monthly gross wage in Lithuania amounted to EUR 2,427.6 in the third quarter of 2025, which was up 8.5% from the same period of 2024, the State Data Agency (VDA) reported. The average net wage stood at EUR 1,484.4, which was up 7.8% over a year. Compared to the second quarter of 2025,…
Latvians are not buying homes due to high prices, insufficient savings and income, and economic uncertainty, according to a Norstat survey carried out for Luminor Bank in September 2025, LSM reports. The survey showed that 27% of Latvian residents cited high real estate prices as the main obstacle to buying a home. Another 24% of…
Estonia’s harmonised index of consumer prices (HICP) rose by 4.7% on year in November 2025, according to Statistics Estonia’s flash estimate, ERR reports. Compared to October 2025, the HICP fell by 0.5%, however. Lenno Uusküla, chief economist at Luminor Bank, expects the pace of inflation to continue slowing down in December 2025, as import prices…
Lithuania does not oppose the European Commission’s (EC) decision to withdraw a case at the World Trade Organization (WTO) over China’s trade restrictions on Lithuanian goods, Lithuania’s Foreign Ministry announced, BNS reports. The EC argued that the main objectives of the dispute had been achieved and trade had resumed. However, the Foreign Ministry pointed out…
A group of MPs in Lithuania has established a parliamentary working group to push for the restoration of full diplomatic relations with communist China, ELTA reports. The working group’s chairman, MP Ignas Vegele of the opposition Lithuanian Farmers and Greens Union (LVZS), called on Lithuania to bring its diplomatic ties with China in line with…
Estonia’s GDP totalled EUR 10.5bn at current prices in the third quarter of 2025, which was up 0.9% from the same period of 2024, according to data from Statistics Estonia, ERR reported. Compared to the second quarter of 2025, seasonally and working-day adjusted GDP rose by 0.4%. Value added in the energy sector rose by…
Latvia’s average monthly gross wage amounted to EUR 1,835 in the third quarter of 2025, which was up 7.8% from the same period of 2024, according to data from the Central Statistical Bureau (CSP), LSM reports. The average wage rose by 8.1% in the private sector and 7.1% in the public sector. The average hourly…
Estonia expects European Commission President Ursula von der Leyen to propose a solution this week to use frozen Russian assets to help Ukraine, Foreign Minister Margus Tsahkna stated, ERR reports. He noted that a legal solution already existed to provide guarantees to Belgium against claims from Russia. Tsahkna insisted that there was no need for…
The international credit rating agency, S&P Global, has affirmed Latvia’s sovereign credit rating at A/A-1 with a stable outlook, unchanged from its previous report in May 2025, LSM reports. The agency noted persistent geopolitical uncertainty and elevated regional security risks, but expects Latvia to adhere to prudent fiscal policy and to withstand external headwinds in…
