Three political groups in the Lithuanian parliament, the Seimas, have signed an agreement on a new coalition government, BNS reports. The new ruling coalition will include the Lithuanian Social Democratic Party (LSDP), the Union of Democrats for Lithuania, and the joint parliamentary group of the Lithuanian Union of Farmers and Greens and the Electoral Action…
Three parties in Lithuania have agreed on a coalition programme and the number of ministerial posts in a new incoming government, LRT and ELTA reported. The Social Democratic Party of Lithuania (LSDP) will have nine ministers, while the Union of Democrats for Lithuania (DSVL) will have three and the Lithuanian Union of Farmers and Greens…
Latvia’s GDP growth will fall from 2.1% in 2025 to 1.9% in 2026, before rising to 2.2% in 2027, the Organisation for Economic Co-operation and Development (OECD) forecasts, LSM reports. Average annual inflation will decline from 3.8% in 2025 to 3.6% in 2026 and 3.2% in 2027, the OECD projects in its latest survey of…
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…
The Baltic States are likely to see a more than 2% decline in GDP per year due to poor mental health over 2025-2050, according to a new report from the Organisation for Economic Co-operation and Development (OECD), ERR reports. The projected drop in GDP in Estonia, Latvia, and Lithuania will be the highest of all…
Latvia’s annual inflation rate reached 2.9% in April 2026, compared to the corresponding period of 2025, according to the Central Statistical Bureau’s (CSP) data, LSM reports. The rise in inflation was mainly influenced by increases in the prices of fuel, heating, electricity, health care, and catering and accommodation services. Compared to March 2026, average consumer…
Opposition parties in Latvia have seized on culturally divisive issues to garner support ahead of the parliamentary elections in October 2026, New Eastern Europe reports. Earlier, the Latvian parliament, the Saeima, voted to withdraw from the Council of Europe’s Istanbul Convention on preventing violence against women. Opposition parties claim that the human rights treaty is…
Estonian capital Tallinn’s city council has approved the city budget for 2026, ERR reports. Total revenues are planned at EUR 1.2bn, including EUR 781.2mn from personal income tax, EUR 188.3mn in state and other grants, EUR 112.4mn from the sale of goods and services, EUR 36.4mn from land tax, and EUR 9.5mn from external funding….
Most Latvians are satisfied with their lives, according to a new Eurobarometer survey conducted in October 2025, LETA reports. The survey showed that 84% of Latvian residents were satisfied with their lives, which was the highest figure ever recorded and almost unchanged from spring 2025. Respondents cited rising prices, inflation, and cost of living (33%),…