The number of multinational corporations in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. Estonia had 1,199 multinationals in 2024, which was down slightly from 1,220 in 2023. Meanwhile, Lithuania had 984 (1,035) and Latvia 746 (718) multinational enterprises. In 2018, Estonia had as many as 1,529 multinationals,…
Estonia’s incumbent president, Alar Karis, said that he would indicate by July 2026 if he wants to run for a second term, ERR reports. Speaking in an interview with Vikerraadio, Karis noted that there was still several months until the election in September 2026, and that candidates could only be nominated in early July 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…
Latvia’s Central Election Commission (CVK) has registered a signature campaign for holding a referendum on changing the country’s state-funded pension system, LSM reports. The populist opposition party, Latvia First (LPV), initiated the referendum campaign after the Latvian parliament, the Saeima, rejected the party’s legislative proposal. The referendum campaign is very unlikely to succeed, however. Under…
Estonia’s consumer price index (CPI) rose by 3.4% in April 2026 from a year earlier, according to Statistics Estonia, ERR reports. The price of goods went up by 3.8% and of services by 2.8% on year. The rise in consumer prices was driven mostly by higher fuel, housing, and food costs. Transport costs increased by…
Authorities in the Baltic States are preparing for possible provocations on 9 May 2026, when Russians celebrate the Soviet Union’s victory in World War II and occupation of central and eastern Europe. Authorities in the Russian border town of Ivangorod (Jaanilinn) will hold another propaganda concert on the banks of the Narva river for the…
The Estonian government has issued EUR 1bn worth of bonds to cover the state budget deficit and to provide more liquidity, ERR reports. The bonds mature in May 2036 and carry a yield to maturity of 3.609%. More than 100 investors, mostly banks, pension funds, and European investment funds, subscribed to over EUR 2.2bn in…
Lithuanians tend to work the least in the entire EU during weekends, according to Eurostat data, LSM reports. The share of all employed people aged 15-64 years who usually work on weekends was just 3.9% in Lithuania in 2025. By comparison, the share of employed people usually doing weekend shifts was 13.1% in Estonia and…
Estonia’s industrial production declined by 3.1% at constant prices in March 2026 compared to the same period of 2025, according to Statistics Estonia, ERR reports. Output increased by 5.9% in mining, but decreased by 19.5% in energy production and by 1.2% in manufacturing. In the manufacturing sector, output in wood processing rose by 5%, fabricated…