Estonia: GDP to grow 2.5% annually in 2026-2028: central bank

Estonia’s annual GDP growth will reach around 2.5% in 2026, 2027, and 2028, the Bank of Estonia forecasts, Estonian World reports. The country’s economic recovery is driven by increased household consumption following tax changes, higher government spending financed by borrowing, and stronger manufacturing exports. The central bank urged to boost productivity and competitiveness. The biggest…

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Estonia: Government approves new public broadcasting law

The Estonian government has approved amendments to the law regulating the operations of the country’s public broadcaster, Eesti Rahvusringhääling (ERR), ERR reports. Culture Minister Heidy Purga said that the changes would bring the law into line with EU regulations. The amendments would introduce a four-year funding agreement for ERR and fixed-term contracts for editorial management….

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Estonia: Opposition leader urges more budget cuts

The chairman of Estonia’s national-conservative opposition party, Fatherland, Urmas Reinsalu, signalled major changes in economic policy after the parliamentary elections in March 2027, ERR reports. He said that the current government had failed to manage state finances and argued that government operating costs should have been cut more. Fatherland’s first task therefore was to fix…

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Lithuania: Nationwide emergency after hurricane storm

The Lithuanian government has declared a nationwide emergency and four municipalities have declared local emergencies after a severe storm on 22-23 August 2026, BNS reported. Wind speeds reached up to 33 mps on the seaside and a month’s rain fell in 12 hours in some areas, according to the Lithuanian Hydrometeorological Service (LHMT), BNS reported….

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