The Latvian parliament, the Saeima, has approved the state budget for 2025, LSM reports. The budget foresees revenues of EUR 18.4bn, while expenditure is planned at EUR 19.7bn. The estimated budget deficit will thus amount to EUR 1.3bn or 2.9% of the GDP. The key budget priorities are internal and external security and competitiveness. The…
The draft programme of Lithuania’s incoming government calls China a “growing challenge” for foreign and security policy, BNS reports. The programme sees China’s strategic partnership with Russia and growing influence in Belarus as a threat. The new coalition pledges to work for a united approach towards China with Lithuania’s European and transatlantic partners. Also, the…
The only workable guarantee of security for Ukraine is NATO membership, Estonian Foreign Minister Margus Tsahkna stated, Interfax-Ukraine reports. He said that NATO membership would not only ensure Ukraine’s own security, but would also help build the European security architecture. Tsahkna called for more military support for Ukraine, saying that it was NATO’s duty to…
The first ship carrying Latvia’s strategic oil reserves arrived at the Freeport of Riga on 2 December 2024, the Ministry of Economy announced, LETA reports. Economy Minister Viktors Valainis said that the state would purchase 20% of the required reserves annually. The state would thus be in possession of 100% of the oil reserves in…
Lithuania’s incoming prime minister, Gintautas Paluckas, said that he was not informed about the government’s decision to expel three Chinese diplomats, BNS reports. He said that the consequences of the move remained to be seen, noting that diplomatic relations with China were already “practically non-existent.” China has warned that the expulsions could lead to retaliatory…
Estonia’s Defence Ministry sees no need to halt the development of wind farms off the Estonian coast, Defence Minister Hanno Pevkur announced, ERR reports. He insisted that air and maritime surveillance issues related to offshore wind farm projects were manageable. Pevkur assured that concerns expressed by the Estonian Defence Forces (EDF) over the negative impact…
Baltic and Canadian foreign ministers met in the Latvian capital, Riga, on 2 December 2024, European Interest reported. The ministers discussed transatlantic relations as well as regional and global security and cooperation. Latvian Foreign Minister Baiba Braze stressed that containing Russia and providing strong support to Ukraine were essential for the long-term interests of transatlantic…
The founder of a Belarusian startup firm is on trial in Latvia for violating EU sanctions, LSM reports. Igor Medved, founder of Nordwoc, is accused of supplying high-tech equipment to the Belarusian military-industrial complex. The prosecutor has asked for Medved to be sentenced to two years in prison, fines, and confiscation of property. The entrepreneur…
Canada’s Foreign Minister, Mélanie Joly, is visiting Latvia on 1-4 December 2024 to attend the second 3+1 meeting of Baltic and Canadian foreign ministers, Global Affairs Canada announced. The ministers will discuss Russia’s invasion of Ukraine, NATO’s deterrence and defence posture in Eastern Europe, and other regional and global challenges to peace and security. Joly…