Most Latvians think that the quality of life in Latvia became worse in 2024, according to a new SKDS poll for LTV, LSM reports. The survey showed that 30.3% of Latvian residents believed that the quality of life deteriorated slightly in 2024, while 11.7% said that the quality of life worsened significantly compared to 2023….
The Latvian parliament, the Saeima, has passed amendments mandating the country’s largest banks to provide in-person customer service and to maintain a network of ATMs outside big cities as of 2026, LSM reported. The new rules will apply to Swedbank, SEB, Citadele, and Luminor. Currently, the big banks have no permanent customer service points in…
Lithuanian President Gitanas Nauseda has proposed establishing a new ministry responsible for regional policy, BNS reports. Speaking at a forum of regional policymakers in Vilnius, Nauseda said that the new ministry would help increase the autonomy of local governments and coordination between different ministries. He suggested that the new ministry could take over functions from…
The Estonian government will allocate EUR 2mn for state-owned rail operator Elron to open a regular passenger train connection between Tartu in southern Estonia and the Latvian capital, Riga, ERR reports. The support would allow Elron to open the new passenger service in spring 2025. Piret Hartman, Minister of Regional Affairs and Agriculture, said that the…
The number of job vacancies in Latvia was 23,900 in the second quarter of 2024, which was 1,400 (5.6%) fewer than in the same period of 2023, according to data from the Central Statistical Bureau (CSP), LETA reports. The number of vacancies amounted to 12,800 in the private sector (down 10.7%) and to 11,100 in…
The Estonian government plans to cut public funding for political parties by 10% in the 2025 state budget, Prime Minister Kristen Michal announced, ERR reports. Both Michal and Regional Affairs Minister Piret Hartman expect that the reduction will have an impact on party activities. Michal said that right-wing parties, which usually receive more support from…
The National Audit Office of Estonia (Riigikontroll) found significant errors in the 2023 state budget act despite the overall accuracy of the state’s financial accounts, ERR reports. Key issues included incorrect recording of transactions in the budgets of the ministries of economy, regional affairs, and agriculture, leading to a discrepancy of EUR 122mn. Additionally, the…
Lithuanian President Gitanas Nauseda was inaugurated as president for a second term on 12 July 2024, LRT reports. In his inaugural address, Nauseda pledged to strengthen national security, defend Lithuanian interests in foreign policy, continue supporting Ukraine, and foster ties with the US. He called for raising Lithuania’s defence budget to 4% of GDP by…
Latvia’s Minister of Environmental Protection and Regional Development, Inga Berzina, has proposed renaming the ministry to the Ministry of Nature Protection and Regional Development, LETA reports. Earlier, environmental services were transferred to the Ministry of Climate and Energy. Berzina said that the name change could be implemented after the distribution of functions in July 2024….