The financial regulatory authorities of the eight Nordic and Baltic countries have conducted a financial crisis simulation exercise under the Nordic Baltic Stability Group framework, ERR reports. The exercise was aimed at testing preparedness for a potential crisis situation, including in communication, information sharing, and collaboration between the authorities. Around 450 participants representing Nordic, Baltic,…
The Latvian National Armed Forces (NBS) will hold a comprehensive national defence exercise, Namejs 2024, throughout Latvia from 3 September to 8 October 2024, LSM reports. The exercise will involve soldiers from all NBS units, including conscripts, reserve soldiers, and allied troops from several NATO countries. Around 11,000 Latvian and allied soldiers and Latvian National…
The Netherlands will deploy a Patriot long-range air defence system in Lithuania for the Baltic Connection 24 (BALTCON24) military exercise on 7-19 July 2024, BNS reports. Lithuania’s Defence Ministry said that the deployment was the first step in implementing NATO’s decision to establish a rotational air defence model to strengthen the alliance’s integrated air and…