Estonian Prime Minister Kristen Michal urged Latvia to complete its part of the Rail Baltica railway by 2030 as agreed, ERR reported. Michal said that Estonia would “kindly pressure” Latvia with the help of EU funding. Earlier, Maris Dzelme, board chairman of Eiropas Dzelzcela Linijas (EDZL), which manages the construction project in Latvia, said that…
Latvia’s industrial production output increased by 4.0% over a year in 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Output in manufacturing rose by 5.5% on year, but fell by 3.0% in electricity and gas supply and by 15.4% in mining and quarrying. The country’s manufacturing turnover increased…
Ghana’s Foreign Minister, Samuel Okudzeto Ablakwa, arrived on a two-day working visit to Latvia on 2 February 2026, LSM reported. Ablakwa said that the immediate reason for his visit was to discuss the circumstances surrounding the death of an 18-year-old Ghanaian student in Riga in June 2025, GhanaWeb reported. Also, Ablakwa informed his Latvian counterpart,…
Latvian monetary financial institutions (MFIs), mainly banks, generated an aggregate profit of EUR 341.7mn in 2025, which was down 34.5% from EUR 521.4mn in 2024, according to the Bank of Latvia, LETA reports. MFIs had assets totalling EUR 31.687bn at the end of 2025, which was up 5.9% from EUR 29.913bn a year earlier. The…
Gross domestic expenditure on research and development (R&D) in relation to GDP in the Baltic States was highest in Estonia in 2024, according to Eurostat data, LSM reports. R&D spending amounted to 1.99% of GDP in Estonia in 2024, which was up from 1.41% in 2014. Meanwhile, R&D expenditure stood at 1.04% (1.03%) of GDP…
A member of the Canadian Armed Forces (CAF) died while on duty near the Latvian capital, Riga, on 29 January 2026, LSM reported. Gunner Sebastian Halmagean was deployed in Latvia as part of a Canadian-led NATO brigade. He had served in the CAF for almost three years, and this was his first overseas deployment.
The defence ministers of the three Baltic States have signed a letter of intent on establishing a Baltic Military Mobility Area, LSM reports. The aim is to standardise border crossing procedures, coordinate the movement of military cargo, and ensure operational information exchange. Furthermore, the Baltic allies will work to align their military movement procedures with…
The Latvian government has extended the enhanced border protection regime on the border with Belarus for another six months until 30 June 2026, LSM reports. The regime, which is in force in certain parishes and municipalities along the border, was due to expire at the end of 2025. The enhanced control regime was declared due…
Less than half of Latvians saw their income rise in 2025, according to a Norstat survey for Luminor Bank, LSM reports. In the survey, 41% of Latvian residents reported that their income had increased in 2025. Specifically, 27% said that their income had increased by up to 10%, another 10% by 10-15%, and 7% by…