The three Baltic States must agree on a new financing model for the Baltic joint venture, RB Rail, which manages the Rail Baltica railway project, CEO Marko Kivila and CFO Ojars Daugavietis stressed, LETA reports. Kivila noted that RB Rail’s budget remains largely unchanged in 2025, and that the company has therefore halted hiring and…
Lithuania’s Foreign Minister, Kestutis Budrys, hoped that “significant progress” be made in EU membership talks with Ukraine by the first half of 2027, BNS reported. He warned that if full negotiations did not begin by 2027 and were not completed in 2027 or early 2028, Ukraine’s EU accession would be “almost unrealistic” by 2030. Budrys…
Estonia’s Minister of Culture, Heidy Purga, has been elected to the foundation board of the World Anti-Doping Agency (WADA), ERR reports. She is the first ever Estonian on the organisation’s governing body and will represent the EU. The board has altogether 42 members.
Estonia’s GDP growth will reach 0.6% in 2025, according to the latest economic forecast from the Bank of Estonia, Estonian World reports. In June 2025, the central bank forecast that the GDP would rise by 1.5% in 2025. The central bank expects Estonia’s economy to grow by over 3% in 2026 and 2027, boosted by…
The EU should take on joint debt to finance defence spending, Gediminas Simkus, board chairman of the Bank of Lithuania, stated, BNS reports. Speaking in an interview with Politico, Simkus called for “more unity in defence” in the EU, noting that the European defence industry market was still very fragmented. He said that the “time…
The coordination committee of the European Commission’s Connecting Europe Facility has approved another EUR 295.5mn of funding for the Baltic railway project, Rail Baltica, LSM reports. Of the total, EUR 47.1mn will go to Estonia, EUR 153.5mn to Latvia, and EUR 94.9mn to Lithuania. The project coordinator, RB Rail, said that the funds would be…
Estonia will have to borrow more to raise defence spending above 5% of GDP, Foreign Minister Margus Tsahkna stated, ERR reports. Speaking in an interview with Vikerraadio, Tsahkna said that Estonia would try to obtain as much financing as possible under the EU’s SAFE instrument. The Finance Ministry is now analysing how much SAFE funding…
The free world needs a new leader, the EU’s foreign policy chief, Estonia’s former prime minister Kaja Kallas, stated, ERR reports. Reacting to an acrimonious public exchange between Ukrainian President Volodymyr Zelensky and US President Donald Trump in the White House on 28 February 2025, Kallas said that it was now up to Europeans to…
The World Trade Organization (WTO) has again suspended the case over China’s trade restrictions on Lithuania, following a second request from the European Commission (EC), BNS reports. Apparently, EC lawyers have failed to find sufficient proof of Chinese restrictions on Lithuanian goods. The case may now be halted for a year and then terminated if…
