The International Monetary Fund (IMF) recommended that the Estonian government stabilise public debt by limiting budget spending and increasing revenue, ERR reports. IMF experts warned that if current policies continued, public debt would become unsustainable. GDP growth alone will not solve the country’s long-term challenges, they pointed out. Achieving more sustainable growth would require increasing…
Hostile states were probably responsible for a massive data leak at Lithuania’s Centre of Registers (VIRC), President Gitanas Nauseda announced, BNS reported. He said that the theft of over 600,000 records from VIRC’s real estate register was a matter of national security. Nauseda slammed the government for not disclosing the data breach until one or…
Lithuania’s Prosecutor General’s Office has opened a criminal investigation into a major data breach at the Centre of Registers (VIRC), BNS reports. The investigators said that more than 600,000 records may have been copied illegally from VIRC’s real estate and business registers. The data breach may have originated from abroad. According to 15min, the breach…
The Estonian government has decided not to privatise four state-owned energy, real estate, digital services, and lottery firms, ERR reports. The decision applies to four state-owned enterprises controlled by the Ministry of Finance: energy group Eesti Energia, state real estate manager Riigi Kinnisvara Aktsiaselts (RKAS), digital services company Levira, and lottery operator Eesti Loto. The…
The Lithuanian parliament, the Seimas, has stripped former prime minister Gintautas Paluckas of his parliamentary immunity, BNS reports. The decision allows prosecutors to investigate Paluckas for alleged illicit enrichment and abuse of office. Paluckas and his wife, Ilma Palucke, are suspected of having acquired cars, real estate, and securities worth nearly EUR 344,600 with income…
Home prices in Latvia rose by 1.9% in the fourth quarter of 2025 from the previous quarter, according to Eurostat data, LSM reports. Compared to the fourth quarter of 2024, housing prices increased by 11%. Residential property prices have risen by more than 120% and rental prices by more than 30% over ten years since…
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in 2025, which was an increase of more than double from 2024, The Baltic Times reported. The volume of local bonds issued totalled EUR 1.37bn, which was up 42% over a year. The number of Baltic companies issuing bonds reached a…
The new US ambassador to Latvia, Melissa Argyros, is expected to assume her diplomatic post in Riga in February 2026, Baltic News Network reports. She will replace the current US ambassador, Christopher Robinson. Argyros is a California-based real estate investor, holding several senior positions in the family’s real estate company, Arnel & Affiliates, the Argyros…
The number of housing transactions in Latvia increased by around 20% in the first three quarters of 2025, compared to the same period of 2024, according to real estate agency Latio, LETA reported. The data showed that it took an average of 47 days to sell a home at market price in December 2025, which…