The chairman of Lithuania’s ruling Homeland Union (TS-LKD), Foreign Minister Gabrielius Landsbergis, has called for talks with the opposition Social Democratic Party of Lithuania (LSDP) over fears about the surge in support for the new far-right party, Dawn of Nemunas, ELTA reports. Speaking in an interview with Ziniu Radijas, Landsbergis warned that the Dawn of…
Some talks have started on a possible candidate for Estonia’s next president in 2026, ERR reports. The president is elected by the Estonian parliament, the Riigikogu, provided an agreement is reached by a two-thirds majority of MPs. The current three-party ruling coalition is two seats short of the 68 votes needed in the 101-seat parliament….
Demand for new Estonian government bonds totalled EUR 821mn, which was four times more than the EUR 200mn offered, the Ministry of Finance announced, ERR reports. Altogether 28 professional investors and 7,304 retail investors participated in the public bond offering. Retail investors subscribed to bonds worth EUR 29mn and will receive 100% of the amount…
The Latvian government has extended the enhanced border surveillance regime on the country’s border with Belarus until the end of 2024, LSM reports. Prior to the decision, the regime was set to end on 12 September 2024. The Ministry of Interior said that the reinforced border protection regime ensured the inviolability of the state border…
Latvia’s Transport Minister, Kaspars Briskens, has no intention to resign despite criticism of his communication, LSM reports. Earlier, President Edgars Rinkevics and Prime Minister Evika Silina criticised the minister’s messaging on the future of the country’s national air carrier, airBaltic, and the Rail Baltica railway project. Speaking after a meeting with Briskens, Rinkevics said that…
The Latvian state is negotiating with a well-known strategic investor on the possible acquisition of a 10% stake in the country’s national air carrier, airBaltic, according to LTV’s information, LSM reports. Klavs Vasks, chairman of airBaltic’s supervisory board, confirmed that the unnamed strategic investor could acquire a minority stake in the company. In 2023, Prudentia…
Estonian President Alar Karis stressed that the state budget must remain under strict parliamentary control, BNS reported. Speaking at the opening of the autumn session of the Estonian parliament, the Riigikogu, Karis said that MPs should not engage in bargaining for budget funds for their supporters, but instead focus on making the most important decisions…
The Latvian state will have to borrow at least EUR 3bn annually for the next four years, Kaspars Abolins, head of the State Treasury, announced, LETA reports. He said that the state needed to refinance earlier Eurobonds and finance the state budget deficit and loans to local governments. The plan was to raise the money…
The Latvian government plans to restrict the ability of Russian citizens to buy land in Latvia, LETA reports. The ruling three-party coalition has agreed on the plan conceptually, following a proposal from the Ministry of Agriculture. The government will analyse the example of similar draft legislation in Finland. Latvian Foreign Minister Baiba Braze has discussed…