Latvia’s national air carrier, airBaltic, may cut 500-700 jobs at its bases in the three Baltic capitals, BNS reports. The company is in talks with trade unions on potential layoffs, which could affect about 20% of its total workforce. Currently, the airline employs around 3,000 people in the Baltic States. Meanwhile, Dace Kavasa, chairwoman of…
The Lithuanian government has declared a nationwide emergency and four municipalities have declared local emergencies after a severe storm on 22-23 August 2026, BNS reported. Wind speeds reached up to 33 mps on the seaside and a month’s rain fell in 12 hours in some areas, according to the Lithuanian Hydrometeorological Service (LHMT), BNS reported….
Latvia was hit by the strongest storm since 1966 on the night of 22-23 August 2026, LSM reported. Wind speeds exceeded 30 mps in some areas, according to the Latvian Environment, Geology and Meteorology Centre (LVGMC), LETA reported. Several injuries and one fatality were recorded. Electricity distributor Sadales Tikls reported that the storm cut power…
The Latvian parliament, the Saeima, has approved in an extraordinary session an urgent law that allows the state to bail out the country’s ailing national airline, airBaltic, LSM reports. The law, which was rushed through parliament in just one day, will allow the government to acquire around EUR 30mn of more airBaltic bonds. Also, the…
Lithuanian President Gitanas Nauseda’s national security adviser, Marius Cesnulevicius, supported a proposal to tighten controls on Russian transit through Lithuanian territory to and from the Kaliningrad region, BNS reports. Earlier, MP Arvydas Anusauskas of the conservative opposition Homeland Union proposed amendments that would cut the transit time from the current 24 hours to 6 hours, ELTA…
All members of the supervisory and management boards of Latvia’s Road Traffic Safety Directorate (CSDD) have resigned, following a massive data leak at the agency, LSM reports. Earlier, President Edgars Rinkevics stated that CSDD’s management could not continue in office due to the scandal, DELFI reported. He has asked Latvia’s Prosecution Office to assess the…
A recent cyberattack against Latvia’s Road Traffic Safety Directorate (CSDD) breached the data of as many as 1.2 million people and around 200,000 companies, LETA reported. Latvia’s population totals a little over 1.8 million people, LSM noted. The attackers obtained personal and company data contained in payment receipts dating back to 2008. The compromised information…
The Latvian government has decided to extend the repayment period on a EUR 30mn emergency loan issued to the country’s national airline, airBaltic, until the end of 2026, LSM reports. The loan was due by the end of August 2026. Also, the government gave conceptual approval to buying an additional EUR 30mn of airBaltic’s bonds…
The Latvian government said that the financial situation of the country’s national airline, airBaltic, was “very serious,” LSM reports. Earlier, S&P Global Ratings lowered airBaltic’s credit rating from CCC+ to CCC- with a negative outlook, LRT reported. The agency noted that airBaltic’s had insufficient funds to cover its financial obligations and the government may not…
