Estonia’s Minister of Finance, Jürgen Ligi, has rejected a proposal to lower the excise duty on diesel fuel temporarily, ERR reports. Ligi argued that broad-based tax cuts would have a very large and lasting negative impact on the state budget, and that targeted measures to support vulnerable households and sectors would be more sensible. In…
The Lithuanian government is considering the possibility of allowing the construction of small modular nuclear reactors (SMR) in the country, LRT reports. Energy Minister Zygimantas Vaiciunas said that the government would identify two or three SMR technologies in 2026 for further evaluation in terms of technical and economic feasibility. The minister stressed Lithuania’s need to…
Latvia’s Riga Fertilizer Terminal (RFT) has again asked the country’s Financial Intelligence Unit (FID) for a waver on EU sanctions in order to resume operations, LSM reports. RFT pledged to isolate the company’s majority owner, sanctioned Russian oligarch Dmitry Mazepin, from the company’s management and profits. However, Latvia’s State Security Service (VDD) pointed out that…
Estonia’s new motor vehicle tax and registration fee, which were introduced as of 1 January 2025, generated total revenue of EUR 151mn in 2025, ERR reports. Registration fee revenue totalled EUR 64.2mn in 2025, which was more than 50% less than the projected EUR 137mn. Meanwhile, revenue from the motor vehicle tax was close to…
The Free Trade Union Confederation of Latvia (LBAS) has proposed raising the country’s minimum monthly wage by at least EUR 55 to EUR 835 in 2027, LETA reports. Currently, Latvia’s minimum wage stands at EUR 780 per month, while the tax-free income threshold is EUR 550 per month. LBAS noted that under government rules, the…
The party congress of the Social Democratic Party of Lithuania (LSDP) has elected Mindaugas Sinkevicius as the party’s chairman until 2029, LRT reports. He was the only candidate for the post, receiving 503 votes out of 535. Sinkevicius has led LSDP since August 2025 after the party’s previous chairman, MP Gintautas Paluckas, resigned amid a…
Over 10,000 people in the Lithuanian capital, Vilnius, protested outside the parliament, the Seimas, on 8 April 2026 against proposed changes to legislation governing the country’s public broadcaster, Lithuanian National Radio and Television (LRT), BNS reported. The demonstration was organised by the Association of Professional Journalists (ZPA). Nevertheless, Seimas speaker Juozas Olekas insisted that the…
Lithuania’s opposition Union of Democrats for Lithuania (DSVL) may rejoin the government, ELTA reports. DSVL chairman, MP Saulius Skvernelis, neither confirmed nor denied potential coalition talks. Earlier, President Gitanas Nauseda urged the Social Democratic Party of Lithuania (LSDP) to make changes to the ruling coalition. This was after ten MPs, all of whom represent coalition…
The Latvian government is considering a windfall tax on fuel retailers, LETA reports. Under the proposal, fuel retailers would have to pay a solidarity tax if their actual retail price was more than 3% higher than the objectively calculated indicative retail price. Earlier, the government lowered the excise duty on diesel fuel temporarily until 30…