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…
The Latvian government is in talks with a strategic investor for the country’s ailing national airline, airBaltic, Prime Minister Andris Kulbergs revealed, Reuters reported. He said that the potential investor was “a serious partner,” but refused to indicate what stake the investor could acquire. The state’s main condition was that the investor maintain airBaltic’s hub…
Russia may be planning provocations against the Baltic States or Poland to test NATO unity, Lithuanian President Gitanas Nauseda and Latvian President Edgars Rinkevics warned, BNS and LETA reported. Nauseda said that intelligence indicated that Russia could be preparing “targeted kinetic operations” against critical infrastructure in the region. Rinkevics said that the intelligence reports pointed…
The Canadian-led NATO Multinational Brigade will expand its presence to eastern Latvia, deploying troops in the city of Daugavpils for the first time, LSM reported. Allied forces will be stationed permanently elsewhere in the eastern Latgale region as well, according to the Latvian Defence Ministry’s news portal, Sargs.lv. Also, Danish Defence Minister Jeppe Bruus announced…
French fighter jets within NATO’s Baltic air-policing mission shot down a drone in eastern Latvia in the morning of 8 June 2026, the Latvian National Armed Forces (NBS) announced, LSM reports. NBS said that the drone entered Latvian airspace due to Russian “electromagnetic warfare,” TVNET reported. Eyewitness said that the incident occurred near the village…
Recent drone incidents in the Baltic States are part of Russia’s strategy to destabilise democratic societies in the region, European Commission President Ursula von der Leyen stated, BNS reports. Speaking after a meeting with Baltic presidents in the Lithuanian capital, Vilnius, von der Leyen stressed the need for EU unity in support of the three…
NATO plans to assign additional forces to defend the Baltic States, Reuters reports. Military sources revealed that Germany and the Netherlands had agreed to assign the 1 German-Netherlands Corps (1GNC), based in the German city of Münster, to the defence of Estonia and Latvia. The move would facilitate the rapid deployment of forces into the…
Nordic and Baltic foreign ministers condemned Russian threats to attack the Baltic States amid Ukrainian drone strikes, Reuters reported. Earlier, Russia claimed that Ukraine was using NATO airspace as cover for drone attacks on Russian targets. In a joint statement, the NB8 foreign ministers rejected “Russia’s blatant disinformation campaign and false claims, supported by Belarus,…
The US has warned European allies, including Estonia and Lithuania, of long delays in the delivery of US weapons due to the Iran war, the Financial Times reports. Reuters reported on the delays earlier. The US Department of Defence told to expect serious delays for several missile systems, including HIMARS and NASAMS used by Estonia…
