Latvia

Latvia’s base budget expenditure for 2026 is projected at EUR 12.966 billion following a EUR 171 million spending cut

August 26, 2025

The base expenditure in Latvia’s basic government budget is projected at EUR 12.966 billion for 2026 and EUR 12.758 billion for 2027, according to the Finance Ministry’s report to the [..]

Estonia

Estonian government approves 2025 budget bill

September 26, 2024

At an extraordinary meeting on Wednesday, the Estonian Cabinet of Ministers approved a draft 2025 national budget act. Total budget revenues in 2025 are estimated at EUR 17.7 billion, or [..]

Estonia

Pensioners: Pension hikes not the reason for poor shape of Estonia’s public finances

August 6, 2024

The Estonian Union of Pensioners Associations is disturbed by allegations in the media that it is not the economic downturn but rather the increase in pensions to partially compensate for [..]

Latvia

Rail Baltica is in such a deep hole that it could have a fundamental impact on the current national budget – Kulbergs

July 2, 2024

The Rail Baltica project is in such a deep hole that it could fundamentally affect the current state budget, said MP Andris Kulbergs (United List), chairman of the Saeima Parliamentary [..]

Latvia

Karins’ special flights have incurred around EUR 545,000 in unjustified expenditure – State Audit Office

April 10, 2024

Unlawful and uneconomical actions in organizing special flights of former Prime Minister Krisjanis Karins (New Unity) have caused unjustified expenses of about EUR 545,000 for the budgets of Latvia and [..]

Lithuania

Lithuanian govt to consider 2024 budget bill

October 5, 2023

The Lithuanian government will consider the country’s 2024 budget bill on Thursday. In her interview with BNS on Wednesday, Prime Minister Ingrida Simonyte said the government deficit would rise to [..]

Opinions

USA economist: The Economics of Public Investment Crowding in Private Investment

September 27, 2023

Heather Boushey, Chief Economist, Investing in America Cabinet Introduction President Biden’s economic vision—Bidenomics—is centered around making smart public investments, empowering and educating workers, and promoting fair competition to lower costs [..]