Estonia: Defence Minister points to “reasonable limit” on spending

Estonia’s Minister of Defence, Hanno Pevkur, said that the Estonian Defence Forces believed that the country’s defence spending could rise to 4.5% of GDP, ERR reports. However, Pevkur emphasised the need for a “reasonable limit” due to investments in health care, social welfare, and education. He acknowledged the desire for increased spending on defence given…

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Latvia: Businesses urge government to ease entry of foreign labour

Latvian businesses urge the government to ease the rules on the entry of foreign labour into the country, LSM reports. Speaking at a conference on human capital development in the Latvian parliament, the Saeima, business representatives and market analysts noted that Latvia’s human resources were exhausted. They called for improving labour availability through relaxed rules…

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Latvia: Ministries submit funding requests for EUR 2bn in 2024

Latvian ministries and other institutions have submitted proposals for priority budget measures worth EUR 1.983bn for 2024, according to the Ministry of Finance, LETA reports. Finance Minister Arvils Aseradens said that funding requests were EUR 250mn lower than in 2023. The largest requests were for teacher wages, health care, and defence. Other requests included covering…

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Latvia: Consumers worried about utility, electricity, food prices: poll

Latvian consumers are worried the most about the rising prices of utilities, electricity, and food products, according to a Norstat poll for Luminor Bank, Baltic News Network reports. The survey showed that 29% of respondents were worried the most about heating and other utility costs, another 29% about electricity costs, and 24% about food prices….

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Latvia: Pres. Rinkevics holds inauguration speech in parliament

Latvia’s new president, Edgars Rinkevics, held his inauguration speech in the Latvian parliament, the Saeima, outlining his vision of a “strong, modern, just, and safe” Latvia, on 8 July 2023, LSM reports. The President noted that Latvia was one, yet not homogenous, and stressed that the rights of every person must be protected. Latvia’s biggest…

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