Lithuania: Defence chief content with defence funding of 4% of GDP

Raising Lithuania’s defence spending to 4% of GDP would allow the country’s new army division to reach full operational capacity by 2030, Lithuania’s defence chief, General Raimundas Vaiksnoras, stated, Baltic News Network reports. Lithuania’s new government has increased its borrowing limit for 2025 by around EUR 800mn. The full amount would raise the defence budget…

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Estonia: President rejects amendment halting oil shale mining

Estonian President Alar Karis has rejected an amendment to the law on the use of natural resources, ERR reports. The legislative changes would suspend oil shale mining permits until 2026, allowing time to assess the industry’s compliance with EU climate goals. The president argued that the amendment ran counter to the Constitution and imposed disproportionate…

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Lithuania: Incoming government reveals programme for next four years

Lithuania’s incoming centre-left government has revealed its draft programme for the next four years, LRT reports. The new coalition plans to focus on welfare, with more child benefits and better accessibility to health care and education. Also, the government may make changes to tax policy, moving towards progressive taxation. The new government plans to reverse…

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Latvia: Parliament introduces excess profit tax on banks for three years

The Latvian parliament, the Saeima, has passed in final reading a new tax on local credit institutions, LETA reports. Under the new law, credit institutions registered in Latvia and branches of foreign credit institutions will have to make quarterly solidarity contributions for the next three years. The tax will amount to 60% of their excess…

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Estonia: Tallinn to launch pilot project limiting smartphone use in schools

Five schools in the Estonian capital, Tallinn, will take part in a pilot project to curb children’s use of smart devices, ERR reports. Ott Oja, head of Tallinn’s mental health action plan for children and youth, said that the city was developing the project in collaboration with researchers at Tallinn University’s Centre for Educational Psychology…

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Baltic: Politico ranks commissioners in outgoing European Commission

European news portal Politico ranked the performance of Lithuania’s EU commissioner, Virginijus Sinkevicius, highest of the three Baltic members of the outgoing European Commission, ERR reports. The outlet gave Sinkevicius, who served as the European Commissioner for Environment in 2019-2024, a score of A minus. Latvia’s Valdis Dombrovskis, who is staying on as EC Vice…

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