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2025 in the Baltic capital market: bonds activity hits record highs, while IPO market remains dormant

By Edmunds Antufjevs, Kristiāna Janvare, Signet Bank Investment Banking Management. Bond issuance activity in the Baltic market surged in 2025, reaching record levels in both issuance volume and number of [..]

Estonia strengthens energy resilience: hertz 1, one of continental Europe’s largest battery storage parks, opens in Kiisa

The Baltic Storage Platform (BSP) – a joint venture between Baltics leading renewable energy developer Evecon, French independent solar power producer Corsica Sole, and sustainable investment manager Mirova – today [..]

Baltic startup funding surged to €607 million in 2025 as early-stage investment expands

Baltic startup funding rose in 2025, with total venture capital deployed in Lithuania, Latvia, and Estonia startups reaching €607 million, up from €505 million in 2024. The details of this [..]

Kristaps Porziņģis traded to Golden State Warriors

According to NBA insider Shams Charania on X, Kristaps Porziņģis has been traded to the Golden State Warriors in exchange for Jonathan Kuminga. Charania announced the move on X, confirming [..]

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 [..]

FBI controversial smartphone sting operation led to nearly 30 arrests in Estonia

A major sting operation overseen by the U.S. Federal Bureau of Investigation (FBI) led to 28 arrests in Estonia, while at least one suspect is still on the run. Operation [..]

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 [..]

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 [..]

North Sea states sign deal to create “world’s largest energy hub”

Hamburg (dpa) – European countries bordering the North Sea have agreed to sizeable investments to expand offshore wind energy production, at a major gathering in Germany on Monday. Wind farms [..]

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 [..]

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 [..]

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 [..]

“Greenland is not for sale”: Denmark and Greenland push back against Trump rhetoric

Danish and Greenlandic authorities have firmly rejected renewed statements by former U.S. President Donald Trump suggesting that the United States should seek control over Greenland, stressing that the Arctic territory [..]

Iute Group receives regulatory approval to establish a digital bank in Ukraine

Iute Group, a banking group founded in Estonia, has received approval from the National Bank of Ukraine and signed an agreement that enables to proceed with establishing a digital bank [..]

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 [..]

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 [..]

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 [..]

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. [..]

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 [..]

Germany and Lithuania back Denmark over latest US Greenland threats

By Jörg Blank and Alexander Welscher, dpa. Vilnius (dpa) – The foreign ministers of Germany and Lithuania on Monday expressed their full support for Denmark following remarks by US President [..]

U.S. conducts overnight military operation in Caracas; Trump claims Venezuelan president detained

The United States carried out an overnight military operation in Venezuela’s capital, Caracas, and surrounding regions, with U.S. President Donald Trump claiming that Venezuelan President Nicolás Maduro was detained during [..]

Lithuania preps bridges for demolition on Belarus, Russia borders

By Benas Gerdžiūnas, LRT.lt. People in Lithuania have noticed construction work taking place almost simultaneously on bridges close to the Belarusian border. The Lithuanian Armed Forces confirmed to LRT.lt that [..]

Two ship crew members arrested in Finland over Baltic Sea cable damage

Finnish police have arrested two crew members of the Fitburg, a cargo ship seized Wednesday over damage to an Estonian–Finnish undersea communications cable. Finnish authorities detained the Fitburg on Wednesday [..]

Lithuania updates security strategy, highlighting “existential” threat from Russia

By Edvardas Špokas, LRT TV, LRT.lt. Lithuania is updating its national security strategy, warning that the country faces an existential threat and that Russia could be capable of waging war [..]

Finland detains vessel after cable damaged between Tallinn and Helsinki

Finland’s police detained a cargo ship in the Gulf of Finland after an undersea cable in Estonia’s exclusive economic zone was damaged on Wednesday morning. Estonian authorities said faults were [..]

Number of housing transactions in Latvia increased by 20% over nine months – Latio

The number of housing transactions in Latvia has increased by about 20 percent in the first nine months of this year, real estate company Latio told LETA. The company noted [..]

Ülemiste bombing suspect identified as well-known hacker

The alleged culprit in Saturday’s trash can bombing at Estonia’s biggest shopping center is well-known to authorities and has been convicted of large-scale hacking and threats of violence in the [..]

Ülemiste shopping center explosion an isolated incident, security service says

The Internal Security Services said an explosion in a trash bin at a Tallinn shopping center on Saturday is an “isolated incident” and has, at this stage, ruled out a [..]

Estonia could close border with Russia after illegal crossing, minister says

The government will discuss a possible revision of the threat assessment on Friday and closing the border has not been ruled out after Russia denied its border guards illegally crossed [..]

Dubai hit by heavy rains and floods as authorities warn residents to stay indoors

Unusually heavy rainfall and thunderstorms have hit Dubai and other parts of the United Arab Emirates, leading to flooding on roads, traffic disruptions and repeated safety warnings from authorities. According [..]

Protests over media freedom in Lithuania continue – here’s what you need to know

By Benas Gerdžiūnas, LRT.lt. Lithuania’s civil society sector is organising protests against plans to politicise the public broadcaster, LRT. Here’s what’s been happening so far. Around 12,000 people – or [..]

Estonia installs first bunkers on Baltic Defense Line

Estonia has started to install the first of hundreds of bunkers on its section of the Baltic Defense Line, which spans the three Baltic countries and aims to stop a [..]

Will US pressure Lithuania to lift sanctions on Belarus? Three scenarios

By Eglė Samoškaitė, LRT.lt. Belarus has released 123 political prisoners in exchange for a US decision to lift sanctions on Belarusian potash fertilisers, a move that analysts say reflects Washington’s [..]

Regional Court convicts Magonis and Ossinovski of bribery

The Riga Regional Court on Monday overturned a first-instance court ruling, convicting former Latvijas Dzelzceļš (Latvian Railways, LDz) CEO Uģis Magonis and Estonian businessman Oleg Ossinovski of bribery, and sentencing [..]

Estonia’s leaders offer condolences after Sydney Hanukkah fatal shooting

Estonia’s leadership has expressed shock and sadness over the shooting attack Sunday at a Hanukkah event in Sydney, Australia. Two gunmen, reportedly father and son, opened fire on revelers celebrating [..]

Elron to begin operating Tartu–Riga train services on January 12

Having received permission from the European Railway Agency to use three Stadler trains on Latvian railway lines, Elron will begin operating its long-awaited Tartu–Riga train services on January 12. Three [..]

Chronology of contraband balloon “hybrid attack” – here’s what you should know

By Jonas Deveikis, LRT.lt. Flights at Vilnius Airport were affected 15 times between October 4 and December 7 amid an influx of smuggling balloons that the Lithuanian officials are calling [..]

Estonian telecoms gearing up to raise prices next year

Rising costs and major network upgrades will push telecommunications bills higher in Estonia next year, as providers prepare to raise prices in 2026. Telia has already outlined its first move, [..]

LMT Group completes strategic pivot, transforming from telco operator to technology company

Latvian mobile innovator LMT Group (also known as LMT) presented the latest newcomer to its product and solutions suite – IoT Shortcut. With this move, LMT Group embraces its new [..]

Protests, sanctions, and “chaos”: pressure mounts on Lithuanian govt amid balloon crisis

By Goda Malinauskaitė, Evaldas Labanauskas, LRT TV, LRT.lt. As Lithuanian trucking companies prepare a protest in Vilnius over thousands of vehicles stranded at the Belarus border, Prime Minister Inga Ruginienė [..]

Baltics, Poland to receive “special favor” from US, war secretary Hegseth says

U.S. Secretary of War Pete Hegseth has said “model allies” who prioritize their own defense, including the Baltic states and Poland, will receive “special favor” from the United States in [..]

Suspect in double murder in Lithuania denies full guilt, ordered detention

According to LRT.lt, 29-year-old Benas Mikutavičius, suspected of killing two young women, was brought to Kaunas District Court on Sunday morning. The court approved the strictest preventive measure, ordering three [..]

European BIOservicES survey: farmers call for clearer policies and real support for soil protection

BIOservicES, a project funded through the Horizon Europe programme (101112374), is publishing the results of a large-scale European survey analysing perceptions of the value and importance of soil ecosystem services [..]

Dangerous suspect sought in Lithuania: Two young women found murdered in Kaunas

The Criminal Police Division for the Investigation of Serious Crimes of the Kaunas County Police Headquarters (Kaunas County PHQ) is searching for Benas Mikutavičius (born 1996), who is suspected of [..]

Finnair cancels evening flights to Vilnius over balloon disruptions

By Jonas Deveikis, LRT.lt. Finnair is cancelling one of its evening flights from Helsinki to Vilnius, citing contraband balloons launched from Belarus and related operational challenges, Lithuanian Airports (LTOU) said [..]

The Saeima supports raising excise taxes on alcohol, tobacco, and sweetened beverages

On Thursday, the Saeima passed amendments to the Excise Duty Law, providing for an increase in excise duties on alcohol, tobacco, and sweetened beverages. The draft law is linked to [..]

Tallinn City Council elects Mihhail Kõlvart as chair

At its first session, the newly convened Tallinn City Council elected Mihhail Kõlvart, chair of the Center Party, as its speaker. Kõlvart received 44 votes in Tuesday’s election, securing a [..]

Parliament reacts to peace proposal for Ukraine

Against the backdrop of US President Donald Trump’s recent proposed plans for Ukraine, defence and geopolitical issues took once again centre stage at the European Parliament’s plenary session in Strasbourg [..]

Lithuanian lawmakers begin debate on allowing 16-year-olds to vote in local elections

By Reda Gilytė, Aistė Valiauskaitė, Goda Malinauskaitė, LRT TV, LRT.lt. The Lithuanian parliament last week opened debate on a proposed constitutional amendment that would allow 16- and 17-year-olds to vote [..]

Three Baltic teams, three dramatic stories: Latvia falls, Estonia stuns Slovenia, Lithuania wins at the buzzer

The opening window of the 2027 FIBA World Cup Qualifiers delivered three very different stories for the Baltic national teams. Latvia struggled to find its rhythm early and paid the [..]

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