One of the prime architects of the restoration of Estonia’s independence, Siim Kallas, has died at the age of 77 years, his daughter, EU foreign policy chief Kaja Kallas, announced, ERR reports. Kallas served as president of the Bank of Estonia in 1991-1995, member of the Estonian parliament, the Riigikogu, in 1995-2004 and 2019-2024, foreign…
European credit rating agency Scope Ratings has affirmed Lithuania’s long-term credit rating at A+ with a stable outlook, the Finance Ministry announced, BNS reports. The agency pointed to Lithuania’s resilient and increasingly diversified economy, sound public finances, and strong institutional framework. Also, rapid economic growth and greater macroeconomic resilience were raising income levels in Lithuania,…
Lithuania is drawing up a contingency plan in the event that Latvia’s national airline, airBaltic, reduces flights or withdraws entirely from Lithuania, Transport Minister Juras Taminskas announced, BNS reports. Earlier, Latvian Finance Minister Maris Kucinskis said that airBaltic would likely need to reduce its operations. Taminskas said that a sudden suspension of airBaltic’s flights would…
Lithuania’s incoming new prime minister, Mindaugas Sinkevicius, chairman of the country’s ruling Lithuanian Social Democratic Party (LSDP), has presented his proposed cabinet of ministers to President Gitanas Nauseda, BNS reports. LSDP has nominated nine ministers to the new coalition government: Lukas Alsys for culture minister, Ieva Andriulaityte for environment minister, Kestutis Budrys for foreign minister,…
Completing the construction of the Rail Baltica railway in all three Baltic States by 2030 is “mathematically impossible,” Latvian Prime Minister Andris Kulbergs stated, LETA reported. Speaking in an interview with TV3, Kulbergs said that Estonian political leaders were living in a “dream world” regarding the project’s timetable, suggesting that they had been given incomplete…
Estonia’s most popular choice for prime minister is Urmas Reinsalu, chairman of the national-conservative opposition party, Fatherland, according to a new Norstat poll for the Institute for Societal Research (YI), ERR reports. In the survey, 27% of respondents preferred Reinsalu for prime minister in June 2026, followed by Mihhail Kõlvart, chairman of the opposition Estonian…
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…
Two thirds of Estonian voters disapprove of the government’s performance, according to a new Norstat poll in May 2026, ERR reports. In the survey, 67% of respondents said that the government was performing poorly, while 27% found that the government was doing its job well. The government’s approval rating was unchanged from April 2026. Support…
Estonia’s Finance Minister, Jürgen Ligi, vowed to defend budget discipline and push back against populist spending proposals ahead of the parliamentary elections in March 2027, ERR reported. Ligi said that the country’s political culture had deteriorated badly, and acknowledged that populism had crept into his own Estonian Reform Party as well. He insisted on the…
