The Estonian government has agreed to provide EUR 160mn of state support for large-scale export-oriented investments in Estonia over 2025-2028, ERR reports. Economy and Industry Minister Erkki Keldo said that the support mechanism was aimed at regaining Estonia’s competitiveness in attracting investors to knowledge-intensive sectors of the economy. The scheme will be managed by the…
Estonia’s Ministry of Climate will propose legislation to support the development of more wind farms both on land and at sea, ERR reports. Climate Minister Yoko Alender said that the ministry would create a 20-year support plan for offshore wind farms. The ministry plans to hold an auction for offshore wind capacity in the first…
The Latvian government will freeze public funding for political parties in 2025, Prime Minister Evika Silina announced, LSM reports. She said that coalition parties had approved the proposal to halt the indexation of state support for parties. The government’s austerity measures have required ministries to cut spending in the public sector. Altogether 12 political parties…
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 Latvian government has decided to pay compensation to low-income households for rapid rises in energy prices, LSM reports. The permanent support mechanism will apply to exceptional price increases for electricity, heating, and biomass fuels. Households with per capita income of up to EUR 473 per month and housing expenditure of at least 30% of…
Estonia’s ruling coalition parties have agreed to boost Estonia’s economic competitiveness by developing new industries and focusing on nationwide development, ERR reports. The three parties aim to reduce bureaucracy and use EU funds and CO2 money for industrial growth. The coalition plans to distribute subsidies for large investments across Estonia to raise wages and improve…
Latvia’s Corruption Prevention and Combating Bureau (KNAB) has ordered the opposition National Alliance to pay back to the state EUR 210,673 of state budget financing that the party had spent illegally, LETA reports. Also, KNAB halted the payment of state support to the party for one year. In 2022, the National Alliance spent EUR 554,727…
Latvian farmers will begin holding protests across the country on 5 February 2024, the Farmers’ Parliament (ZSA) announced, LSM reports. ZSA chairman Juris Lazdins said that the composition of the current government was “particularly distinguished by its arrogance and indifference.” The organisation has submitted its demands to Prime Minister Evika Silina and Agriculture Minister Armands…
Estonia’s state-owned national airline, Nordica, will cease operations, ERR reports. Climate Minister Kristen Michal said that the government would allocate EUR 14.5mn to Tallinn Airport to ensure competitive fees and secure important routes. Another option is for the government to begin procuring direct flights to key destinations. The Ministry of Climate has contacted seven potential…
