Housing prices more than tripled in Estonia between 2010 and the third quarter of 2023, rising by 210%, according to Eurostat data, LSM reports. Meanwhile, housing prices more than doubled in Lithuania (up 158%) and Latvia (up 141%) over the same period. The increase in rents was the EU’s highest in Estonia (up 218%) and…
Latvia’s Foreign Minister, former prime minister Krisjanis Karins, would like to become a European Commissioner if he fails to win the race for the post of Secretary General of NATO, LETA reports. Latvia’s ruling New Unity party has yet to decide whether to name Karins or Latvia’s current EU commissioner, Valdis Dombrovskis, to top the…
Latvia will support Ukraine until total victory, Latvian President Edgars Rinkevics vowed, LSM reported. Speaking at a joint press conference with Ukrainian President Volodymyr Zelensky in Riga, Rinkevics called for shifting the strategic focus. “We have to support Ukraine until complete victory, not, like some say, as long as necessary,” he stated. Complete victory means…
Ukrainian President Volodymyr Zelensky has concluded a two-day official visit to the three Baltic States. At a press conference with Lithuanian President Gitanas Nauseda, Zelensky said that his visit underscored the “shared trust” between nations in Russia’s neighbourhood, BNS reported. Speaking to a large crowd outside the Presidential Palace in Vilnius, Zelensky said that Russia…
Defects in new electric trains of Latvia’s state-owned carrier, Pasazieru Vilciens (Vivi), disrupted the daily commute of hundreds of passengers in the first week of 2024, LSM reported. The technical problems resulted in running cancellations and delays of many departures. Transport Minister Kaspars Briskens assured that most of the defects were “relatively trivial.” However, some…
The number of cars newly registered in Latvia totalled 18,000 in 2023, LSM reported. The most popular brands in the new car segment were Toyota (3,900), Skoda (2,350), and Volkswagen (2,000). In the second-hand car market, the most popular brands were BMW, Volkswagen, and Audi. The data showed that SUVs and 4×4 cars were the…
Latvia supports prohibiting the import of Russian grain but will not impose a unilateral ban, parties in the coalition government announced, LSM reports. Instead, Latvia calls on EU member states to agree on a common position on the issue. At the same time, the government is instructing ministries to assess the impact of such a…
The Latvian government will discuss the listing of state-owned companies and municipal enterprises on the stock exchange in January 2024, LSM reports. The first company to be listed will be national air carrier airBaltic. Finance Minister Arvils Aseradens said that the list would include other companies as well. Enterprises that may be listed include telecommunications…
Ukraine’s President, Volodymyr Zelensky, has arrived in the Lithuanian capital, Vilnius, on a tour of Baltic States, ERR reports. The topics of discussion will be security, EU and NATO integration, cooperation on electronic warfare and drones, and coordinating European support for Ukraine. Zelensky expressed gratitude for the “uncompromising support” for Ukraine that the Baltic States…
