Latvia’s annual inflation rate reached 2.9% in April 2026, compared to the corresponding period of 2025, according to the Central Statistical Bureau’s (CSP) data, LSM reports. The rise in inflation was mainly influenced by increases in the prices of fuel, heating, electricity, health care, and catering and accommodation services. Compared to March 2026, average consumer…
The municipal government of the Lithuanian capital, Vilnius, plans to expand the city’s public transport network by 30% by 2030, LRT reports. The city intends to add 7 new routes, increase frequency on 44 routes, and adjust another 46 routes. However, the current bus and trolleybus network is nearing its physical limit, and the city…
Two freight trains derailed in Lithuania within 48 hours on 1 and 2 May 2026, prompting fears of possible Russian sabotage, LRT reported. However, Prime Minister Inga Ruginiene said that the accidents were caused by technical failure or human error, BNS reported. A spokesman for state-owned railway group Lietuvos Gelezinkeliai (LTG) said that the derailment…
Lithuania’s Klaipeda State Seaport opened the new cruise season on 2 May 2026, The Baltic Times reported. CEO Algis Latakas said that the port expected altogether 64 cruise ships with around 90,000 tourists to visit Klaipeda in 2026, which would be an all-time record in the port’s history. In 2027, the port may receive more…
Estonia’s consumer price index (CPI) rose by 3.4% in April 2026 from a year earlier, according to Statistics Estonia, ERR reports. The price of goods went up by 3.8% and of services by 2.8% on year. The rise in consumer prices was driven mostly by higher fuel, housing, and food costs. Transport costs increased by…
Lithuania should not rule out dialogue with neighbouring Belarus, Mindaugas Sinkevicius, chairman of the ruling Lithuanian Social Democratic Party (LSDP), stated, BNS reports. He suggested that contacts between deputy ministers could be possible, particularly if they take place at US invitation. Sinkevicius highlighted the release of political prisoners and the lifting of some sanctions after…
The Latvian government will have to decide on additional capital needed for the country’s national air carrier, airBaltic, in 2026, Finance Minister Arvils Aseradens stated, LETA reports. He stressed that the airline’s future operations required capital investment. However, the government would have to seek additional sources of funding for such an investment, the minister explained….
Estonia’s Minister of Finance, Jürgen Ligi, has rejected a proposal to lower the excise duty on diesel fuel temporarily, ERR reports. Ligi argued that broad-based tax cuts would have a very large and lasting negative impact on the state budget, and that targeted measures to support vulnerable households and sectors would be more sensible. In…
Estonia’s new motor vehicle tax and registration fee, which were introduced as of 1 January 2025, generated total revenue of EUR 151mn in 2025, ERR reports. Registration fee revenue totalled EUR 64.2mn in 2025, which was more than 50% less than the projected EUR 137mn. Meanwhile, revenue from the motor vehicle tax was close to…
