Lithuania: Democrats elect MEP as party leader

The party congress of Lithuania’s governing coalition member, the Union of Democrats for Lithuania (DSVL), has elected MEP Virginijus Sinkevicius as the party chairman for a four-year term, BNS reports. Sinkevicius defeated Health Minister Linas Kukuraitis soundly in the leadership vote. Sinkevicius has served as DSVL’s interim chairman since April 2026, following the resignation of…

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Lithuania: Foreign Minister slams concessions on Russia sanctions

Lithuanian Foreign Minister Kestutis Budrys criticised concessions to Russia in the EU’s latest sanctions package, BNS reported. He lamented that EU sanctions policy decisions were “increasingly driven by the economic interests of member states,” limiting the EU’s ability to increase pressure on Russia and weakening the impact of sanctions overall. Earlier, Lithuania’s EU ambassador, Nerijus…

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Lithuania: Government preparing for airBaltic’s possible exit

Lithuania is drawing up a contingency plan in the event that Latvia’s national airline, airBaltic, reduces flights or withdraws entirely from Lithuania, Transport Minister Juras Taminskas announced, BNS reports. Earlier, Latvian Finance Minister Maris Kucinskis said that airBaltic would likely need to reduce its operations. Taminskas said that a sudden suspension of airBaltic’s flights would…

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Baltic: Deficit lowest in Lithuania, debt in Estonia in Q1/2026

Lithuania’s budget deficit was the smallest in the Baltic States in the first quarter of 2026, according to Eurostat data, BNS reported. Lithuania’s budget deficit stood at 0.9% of GDP, which was down from 1.7% in the fourth quarter of 2025. Estonia’s budget deficit amounted 1.2% (1.3%) and Latvia’s to 1.9% (2.4%) of GDP. Meanwhile,…

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Lithuania: Appeals court finds far-right MP guilty of antisemitism

Lithuania’s Court of Appeal has found MP Remigijus Zemaitaitis, leader of the far-right populist party, Dawn of Nemunas (PPNA), guilty of antisemitism, BNS reports. The court found that Zemaitaitis had incited hatred against Jews and grossly trivialised the Holocaust, systematically distorting historical facts and making “dehumanising comparisons.” The court ordered the MP to pay a…

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Lithuania: Central bank questions OTP Bank’s Russia operations

Hungarian banking group OTP Bank’s operations in Russia raise “legitimate questions” about its ​planned acquisition of the Baltic banking group, Luminor Bank, Lithuania’s central bank, the Bank of Lithuania, stated, Reuters reports. Earlier, OTP Bank announced that it had signed an agreement to buy Estonia-based Luminor. The Bank of Lithuania said that the European Central…

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Baltic: Hungary’s OTP Bank to buy Luminor

Hungary’s OTP Bank has signed an agreement to acquire the Baltic banking group, Luminor Bank, from US-based private equity fund manager Blackstone and Norway’s DNB Bank, Baltic News reports. OTP Bank had already expressed interest in acquiring Luminor several years ago, LETA reported. Luminor is the third-largest provider of financial services in the Baltic States….

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Baltic: Russia may target Baltics, Poland: Lithuanian minister

Russia may launch attacks against the Baltic States or Poland, Lithuania’s Defence Minister, Robertas Kaunas, warned, LRT reports. Being unable to win the war against Ukraine, Russia may target the Baltic States or Poland to secure “some kind of new win,” Kaunas suggested. He said that Lithuania was drawing up additional contingency plans to respond…

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