Three parliamentary groups in Lithuania will sign an agreement on forming a new coalition government on 18 June 2026, BNS reports. The coalition will consist of the Social Democratic Party of Lithuania (LSDP), the Union of Democrats for Lithuania (DSVL), and the joint parliamentary group of the Lithuanian Union of Farmers and Greens (LVZS) and…
Latvia’s GDP growth will fall from 2.1% in 2025 to 1.9% in 2026, before rising to 2.2% in 2027, the Organisation for Economic Co-operation and Development (OECD) forecasts, LSM reports. Average annual inflation will decline from 3.8% in 2025 to 3.6% in 2026 and 3.2% in 2027, the OECD projects in its latest survey of…
The International Monetary Fund (IMF) recommended that the Estonian government stabilise public debt by limiting budget spending and increasing revenue, ERR reports. IMF experts warned that if current policies continued, public debt would become unsustainable. GDP growth alone will not solve the country’s long-term challenges, they pointed out. Achieving more sustainable growth would require increasing…
Latvia’s State Treasury has raised EUR 1bn with a new bond issue on international financial markets, LSM reports. The government bonds have a maturity of seven years, carry a yield of 3.525%, and have a fixed coupon rate of 3.500%. The bonds were purchased by more than 70 investors, mostly European asset managers. Total investor…
The Estonian government has approved a new climate law, sending the draft bill to the country’s parliament, the Riigikogu, for consideration, ERR reports. The legislation establishes general greenhouse gas emission reduction targets for 2030, 2035, and 2040. The parliament has already set a goal for climate neutrality by 2050. Sector-specific emission reduction targets are included…
Estonia’s ruling coalition plans to pass a new climate law before the parliamentary elections due in March 2027, the Minister of Energy and the Environment, Andres Sutt, announced, ERR reports. Prime Minister Kristen Michal expects the parliament, the Riigikogu, to begin discussing the draft law before summer 2026 and approve the legislation in autumn 2026….
Over 500 experts and decision-makers from across the Baltic Sea region will attend the 17th Annual Forum of the EU Strategy for the Baltic Sea Region (EUSBSR) in the Estonian capital, Tallinn, on 11-13 May 2026, BNS reports. The central theme of this year’s forum is resilience. The conference participants will discuss regional security and…
The water level in the Baltic Sea has fallen to one of the lowest levels in recorded history, ELTA reports. On the Latvian coast, the sea level has dropped to around 65 cm below zero level, according to the Latvian Environment, Geology and Meteorology Centre (LVGMC). In Liepaja and Ventspils, the sea level is close…
Power plants in Estonia generated 3,619 GWh of electricity from renewable sources in 2025, which was up 7% from 2024, according to transmission system operator Elering, ERR reports. Renewable energy accounted for 68% of total electricity production and covered 41% of total electricity consumption in 2025. Electricity production from wind power amounted to 1,324 GWh…