Estonia: Consumer confidence down sharply in October 2026

Consumer confidence in Estonia declined sharply while overall business confidence improved in October 2026, according to Statistics Estonia, ERR reports. The consumer confidence index stood at -32.4 percentage points, which was down from -23.5 points in September 2026. The confidence of Estonian consumers in their own financial situation and the country’s general economic situation decreased…

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Baltic: Leaders urge EU ban on Russian grain

The Baltic States called on the EU to ban transit shipments of Russian grain through EU territory, BNS reported. Estonian Prime Minister Kristen Michal, Latvian Prime Minister Andris Kulbergs, and Lithuanian President Gitanas Nauseda made the call in a joint letter to European Council President António Costa and European Commission President Ursula von der Leyen….

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Lithuania: Property developer most influential business person: polls

The founder and chairman of Lithuanian property developer Hanner, Arvydas Avulis, is the country’s most influential business person, according to two new polls, BNS reports. Avulis ranked highest in surveys of both the country’s professional elite and general public. Combining the two polls, 51.6% of respondents ranked Avulis first. Dainius Dundulis, founder and owner of…

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Latvia: PM calls on EU to cover costs of confronting Russia

The EU should cover costs related to confronting Russia, Latvian Prime Minister Andris Kulbergs stated, Politico reports. He said that the EU should grant an additional EUR 7bn from its next multi-annual budget to compensate for Latvia’s higher defence spending and loss of trade with Russia. Latvia’s projected defence spending over the seven-year budget period…

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Lithuania: Foreign Ministry working on ties with China, Taiwan

Lithuania is making progress towards normalising relations with communist China, Juozas Olekas, speaker of the Lithuanian parliament, the Seimas, said, BNS reports. Foreign Minister Kestutis Budrys said that Lithuania’s position on China remained unchanged, stressing the need for a unified European approach as part of the EU’s common foreign and security policy. He warned that…

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