Lithuania’s GDP will grow by 2.5% in 2025, according to the Bank of Lithuania’s latest forecast, ELTA reports. In September 2025, the central bank projected that the country’s economy would grow by 2.7% in 2025. The bank now expects the GDP to rise by 3.2% in 2026, by 2.3% in 2027, and by 3.0% in…
Latvia must be fully ready to dismantle railway tracks going to Russia if necessary, Foreign Minister Baiba Braze stated, LSM reports. However, she said that it would make no sense for Latvia to do so unilaterally. Latvia will coordinate the issue with Estonia, Lithuania, Poland, and Finland. Earlier, the presidents of the three Baltic States…
The United States will not reduce its troops presence in Lithuania, currently numbering over 1,000, Lithuanian Prime Minister Inga Ruginiene stated, BNS reports. Speaking in an interview with LRT, Ruginiene assured that there was no risk of the US cutting the number of troops in the country following the government’s decision to raise defence spending…
Latvia’s foreign trade turnover totalled EUR 35.82bn at current prices in the first ten months of 2025, which was up 5.9% from the same period of 2024, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Latvia’s exports of goods amounted to EUR 16.4bn (up 4.3%) and imports to EUR 19.41bn (up…
The number of job vacancies in Estonia totalled 9,375 in the third quarter of 2025, which was 5.4% less than in the same period of 2024, according to data from Statistics Estonia, ERR reports. The number of vacancies was the highest in education (2,025) and in wholesale and retail trade (1,264). The vacancy rate stood…
French risk management company Coface’s ranking of the 50 largest companies by turnover in the Baltic States in 2024 includes 28 companies in Lithuania, 15 in Estonia, and 7 in Latvia, LETA reports. The top five companies are all from Lithuania: retail holding group Vilniaus Prekyba with a consolidated turnover of EUR 8.02bn in 2024,…
Lithuania does not oppose the European Commission’s (EC) decision to withdraw a case at the World Trade Organization (WTO) over China’s trade restrictions on Lithuanian goods, Lithuania’s Foreign Ministry announced, BNS reports. The EC argued that the main objectives of the dispute had been achieved and trade had resumed. However, the Foreign Ministry pointed out…
A group of MPs in Lithuania has established a parliamentary working group to push for the restoration of full diplomatic relations with communist China, ELTA reports. The working group’s chairman, MP Ignas Vegele of the opposition Lithuanian Farmers and Greens Union (LVZS), called on Lithuania to bring its diplomatic ties with China in line with…
Estonia’s GDP totalled EUR 10.5bn at current prices in the third quarter of 2025, which was up 0.9% from the same period of 2024, according to data from Statistics Estonia, ERR reported. Compared to the second quarter of 2025, seasonally and working-day adjusted GDP rose by 0.4%. Value added in the energy sector rose by…