Baltics

Ministry to use Danske Bank fine money to overhaul anti-corruption law

Justice Minister Liisa Pakosta says the Danske Bank money laundering case revealed that corruption is not currently being adequately prevented in financial institutions. A year ago, the United States allocated [..]

Russian special services remain most significant threat to Latvia’s security – State Security Service

Last year, the most significant threat to Latvia’s national security was invariably posed by Russian special services, and this year the level of Russian aggression will remain high and is [..]

US-based J.P. Morgan chosen as legal adviser for buyout of LMT and Tet

A team of advisers led by US-based J.P. Morgan has been chosen to provide legal advice for the transaction in which Latvia will buy out shares in Latvijas Mobilais Telefons [..]

GenZ at work: young Lithuanians change jobs frequently, employers try to adapt

By Vesta Silantjevienė, LRT TV, LRT.lt. Young people in Lithuania are changing jobs at a rapid pace, often cycling through several workplaces within a year, prompting employers to adjust schedules [..]

Estonia to ban Russian, Belarusian citizens without permanent residency from buying property

Estonia will ban Russian and Belarusian citizens without permanent resident status in the country from buying property, as well as companies acting on their behalf, citing security risks. While Estonia [..]

Latvia’s creative agency “McCann Riga” recognised as the best in the Baltics

“McCann Riga” has been named this year’s best creative agency in the Baltics. This title is awarded based on an overall ranking compiled from the most significant international advertising and [..]

The President of Lithuania discussed bilateral relations and regional security with the King of Denmark

The President of the Republic of Lithuania, Gitanas Nausėda, and the First Lady, Diana Nausėdienė, on Wednesday met at the Presidential Palace with King Frederik X of Denmark and Queen [..]

Leading commercial banks in Estonia see their profits fall in 2025

Swedbank and SEB posted lower profits in 2025, earning €261 million and €166.9 million respectively, as interest income declined and costs rose for both banks. Swedbank Estonia reported a net [..]

Does Lithuania have a plan B if America pulls back?

By Benas Gerdžiūnas, LRT.lt. Lithuania has staked its security on the United States and its military presence in the region as well as the unity of NATO. But if that [..]

City government scraps plans for bike lanes on major Tallinn streets

Tallinn has abandoned plans to build bike paths on Narva maantee and Liivalaia tänav, as it does not want to remove lanes for cars and has lost EU funding after [..]

SEB raises Latvia’s GDP growth projection for 2026 to 2.3%

SEB has raised its forecast for Latvia’s gross domestic product (GDP) growth this year to 2.3 percent from 1.9 percent in November 2025, according to the bank’s latest SEB Nordic [..]

Can your boss force you to quit? What Lithuanian law allows – explainer

Lithuania’s State Labour Inspectorate warns that an employee’s request to quit a job is lawful only if it reflects the worker’s genuine and free will, not pressure, deception or coercion [..]

Several major retail chains planning new stores

Estonia’s major grocery chains — Selver, Grossi and Coop — are continuing their active expansion this year and plan to open new stores in several locations. Selver plans to open [..]

Price of electricity to break 2026 record on Monday

On Monday, the average electricity price in the Nord Pool Estonia pricing area is €241 per megawatt-hour. At its peak, the price will exceed €500 per unit. Overnight, the electricity [..]

Changes in Lithuanian driver’s licence validity rules: what every foreigner should know

By Marius Monkevičius, LRT.lt. A new system came into force in Lithuania in 2025 linking medical checks directly to the validity of a driver’s licence. In practice, this means that [..]

From Greenland to Kapčiamiestis: the perspective from NATO’s military headquarters

By Milda Vilikanskytė, Evaldas Labanauskas, LRT.lt from Brussels. Lieutenant General Remigijus Baltrėnas, Director General of NATO’s International Military Staff, has told LRT that the Alliance is preparing to respond to [..]

Estonia mulls home delivery for over-the-counter medicines

Food delivery companies Bolt and Wolt are working with several ministries to see if it is possible to launch courier services for over-the-counter medicines in Estonia, following in the footsteps [..]

KFC opens new fast-food restaurant in Riga

The fast food chain Kentucky Fried Chicken (KFC) has opened a new restaurant on Krasta Street in Riga, the company told LETA. The company did not disclose the amount of [..]

Newly rebranded GetJet Group plans further expansion: 200 new hires, larger fleet, expanded MRO

GetJet Aviation Holdings, an international aviation services group headquartered in Lithuania, is rebranded as GetJet Group. This change supports the group’s 2026 Growth Strategy, aimed at building a more efficient [..]

Winter cold freezes Lithuania’s rivers, raises flood risk on Neris

Prolonged winter cold has frozen even Lithuania’s largest rivers, with ice gripping the Neris River on Wednesday morning and prompting warnings of a possible flood. Vilnius municipal company Grinda said [..]

Largest solar park in Baltics to open in Lääne County this summer

This summer, Sunly, the largest solar park in the Baltics, at a cost of over €120 million, is due to start operating in Risti, Lääne County. A battery park costing [..]

Balcia expands its Management Board, strengthening claims processes and digital innovation

The Insurtech company Balcia has expanded its Management Board with the appointment of Artur Senčenko, General Director of Balcia’s Lithuanian branch. In his new role, he will focus on driving [..]

Latvia’s Ministry of Economics reports 12% productivity increase after institution-wide time tracking trials

Latvia’s Ministry of Economics has concluded a year-long time tracking trial, which has resulted in a 12% increase in productivity, faster decision-making, and shorter coordination cycles. The aim of the [..]

Is Lithuania’s housing market becoming a bubble?

By Sandra Vilimaitė, LRT RADIO, LRT.lt. The Bank of Lithuania is recording a rapid acceleration in house price growth, which has doubled since the start of the year. Economists are [..]

Riga city council signs contract for Vanšu Bridge reconstruction

On Friday, Riga City Council signed a contract for the reconstruction of the Vanšu (Suspension) Bridge, the municipality informed LETA. As reported, the reconstruction of the Vanšu Bridge will cost [..]

Meeting with president fails to assuage local concerns about planned military ground

By Enrika Gecaitė, Jūratė Anilionytė, Rūta Ribačiauskienė, LRT TV, LRT.lt. Lithuanian President Gitanas Nausėda met with residents of Kapčiamiestis on Thursday amid persevering opposition to a planned military training ground [..]

Cryptocurrency services now required to make tax authority declarations

The government has approved legal amendments which will require crypto asset service providers to submit transaction data reports to the Estonian tax authority, the MTA. Income earned from crypto assets [..]

AS PUTO develops contactless self-service and portal-type car washes with financing from Signet Bank

Signet Banka, a local bank, has granted EUR 6.88 million in financing to AS PUTO, the largest self-service contactless car wash chain in Latvia, supporting the company’s future growth in [..]

First munitions plant in close to a century opens in Estonia

A ribbon-cutting ceremony was held Tuesday to mark the official opening of an explosives plant at the new Ämari defense industry park. The mini-park is situated at the Ämari Air [..]

TechChill sets a record with €1M Founders Battle prize pool

To celebrate its 15th anniversary, the leading Baltic startup and technology conference TechChill has unveiled its largest-ever prize pool for the TechChill Founders Battle pitch competition – €1 million. Startups [..]

Estonia’s PPA warns about ice risks after 5 Latvians accidentally cross Russian border

Five Latvian nationals were detained overnight by Russian authorities after inadvertently crossing the eastern border over lake ice. After over a week of sub-zero temperatures, from Monday, Lake Peipus (Peipsi [..]

Last year was a year of stabilization and transition in Latvian housing market – Merko Majas

Last year was a year of stabilization and transition in the Latvian housing market, in which buyers became more active again after the previous period of caution, Roberts Reboks, Member [..]

Not a “crypto haven”: new regulation drastically shrinks Lithuania’s crypto asset sector

By Edgaras Savickas, LRT.lt. Lithuania has sharply narrowed its crypto sector after the European Union’s Markets in Crypto-Assets Regulation, or MiCA, took effect, signalling a clear policy choice not to [..]

City of Tartu considering subsidizing morning bus connections to Riga

Tartu – Riga bus services have become less frequent, and according to Lux Express, passenger numbers on the route have fallen. With the direct morning connection to the Latvian capital [..]

Estonia to ease punishments for drug use

The Ministry of Justice wants to draw a clearer line between drug addicts and criminals under a proposed legal amendment. The Ministry of Justice has sent out for consultation a [..]

Drivers urged to postpone trips due to blizzards

Ongoing snowfall and strong winds in Eastern and Southern Estonia have made roads in some areas impassable, prompting the Transport Administration to advise avoiding driving in those regions on Saturday. [..]

What are Latvia’s sports stars doing in the waste management sector? Ozolins, Ostapenko and Grazulis join forces to tackle Latvia’s waste challenge

In Latvia, the issue of waste has long gone beyond containers and sorting rules — it is fundamentally about habits that fail to change. This is precisely why those least [..]

Fuel prices decline in Riga, up in Tallinn and Vilnius

Fuel prices this week have risen in Tallinn and Vilnius, but declined in Riga, LETA has found out. The most expensive 95-octane fuel is in Riga, followed by Vilnius and [..]

Border guards to “assess arguments” after court ruling on unlawful migrant pushbacks

By Benas Gerdžiūnas, LRT.lt. The State Border Guard Service (VSAT) said on Thursday it will “assess the arguments” following a court ruling which described the pushback of migrants at the [..]

Estonia mulling social tax change, implications for couriers and digital nomads

A bill streamlining social tax payments for services between individuals is back in government. It would shift tax duties to service providers using platforms. In the fall of 2023, the [..]

Education minister: Major goal to get Russian-speaking children to B1 in Estonian

Most of the schools in Estonia where Russian has, until recently, been the main language of instruction, still do not equip children with sufficient Estonian language skills, Minister of Education [..]

Most visited website in Latvia in December 2025 was inbox.lv

The most visited website in Latvia in December 2025 was inbox.lv, which was viewed 786,784 times, according to the latest data published by the international internet research and technology company [..]

Why is Latvia increasingly on the fintech shortlist?

Latvia has recently attracted increased attention within Europe’s fintech community, particularly among organisations planning to launch innovative financial services. The interest is driven by a combination of regulatory clarity, structured [..]

US action in Venezuela and force-based order – a danger for Lithuania?

By Benas Gerdžiūnas, Austė Sargytė, LRT.lt. America’s seizure of Venezuela’s authoritarian leader marks a new stage in geopolitics. Washington is declaring its return to a 19th-century doctrine of “spheres of [..]

Prices in Estonia went up 4.1% on year to December 2025

Prices in Estonia rose by 4.1 percent on year to December, Statistics Estonia reported. The flash estimate of the harmonized index of consumer prices (HICP) published by on Wednesday also [..]

Lithuanians jump aboard the silver rush

By Jonas Daveikis, LRT.lt. With silver prices climbing towards historic highs, a company trading in the metal says Lithuanians are buying it even by the kilogramme. At the start of [..]

Illegally parked vehicles removed from Estonia’s Koidula border crossing

Dozens of illegally parked and abandoned vehicles at Estonia’s southern border crossing with Russia have been removed by the Transport Administration. The government agency started the work at the Koidula [..]

MP: International law protecting small states is fracturing

The United States’ attack on Venezuela raises questions about the protection provided by international law that is vital for the survival of small states, including Estonia, said Marko Mihkelson (Reform), [..]

2026 brings seven new direct routes to Tallinn Airport

Tallinn Airport’s direct route network will expand significantly in 2026. Wizz Air will launch direct flights to Warsaw from 29 March and to Rome from 21 September. airBaltic will add [..]

Real estate prices to continue rising this year – YIT Latvija

This year, real estate prices are likely to continue rising, Andris Boze, a board member of housing developer and construction company YIT Latvija, told LETA. He noted that housing prices [..]

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