Baltic: Nordic, Baltic ministers back Ukraine’s EU, NATO entry

Ukraine “firmly anchored in the European family is in the interest of European security and essential for Europe’s future as a geopolitical power and economic actor,” the foreign ministers of the Nordic-Baltic Eight (NB8) countries stated, ERR reports. Following their two-day meeting in Estonia’s Kuressaare on 29-30 April 2026, the ministers expressed support for Ukraine’s…

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Latvia: JPMorgan to advise on Tet, LMT buyout

A consortium led by US-based JPMorgan will advise on the Latvian state’s buyout of Swedish telecommunications group Telia’s shares in the Latvian telecommunications companies, Tet and Latvijas Mobilais Telefons (LMT), BNS reports. Under the agreement, the consortium, which besides JPMorgan includes A&O Shearman, Deloitte, Hardiman Telecommunications, TEGOS, and WALLESS, will advise Latvia’s state-owned energy group, Latvenergo,…

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Baltic: Leaders stress security of eastern border

Leaders of the three Baltic States took part in the first Eastern Flank Summit, which was organised by Finnish Prime Minister Petteri Orpo, LETA reported. The summit was also attended by leaders from Bulgaria, Poland, Romania, and Sweden as well as EU defence commissioner Andrius Kubilius. Estonian Prime Minister Kristen Michal noted that Europe’s eastern…

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Baltic: Baltics join call to use Russian assets to help Ukraine

The three Baltic States have joined Finland, Ireland, Poland, and Sweden in urging the EU to use frozen Russian assets to help Ukraine, LETA reports. The seven member states sent a joint letter to European Commission (EC) President Ursula von der Leyen and European Council President António Costa to express support for the EC’s proposal…

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Estonia: IKEA Group gets go-ahead to buy Södra’s forests

Swedish-owned IKEA Group has received permission from the Estonian Competition Authority (Konkurentsiamet) to acquire 18,000 hectares of forest from Swedish-owned Södra Forest Estonia, ERR reports. Under the deal, IKEA Group’s subsidiary, Ingka Investments, will buy Södra’s forests in Estonia and Latvia for EUR 720mn. Latvia’s Competition Council has received notification of the deal. Södra owns…

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