Baltic States

Eastern EU members building roads instead of railways

bne IntelliNews September 23, 2023

Across the EU far more has been invested in roads than railways over the last three decades, but this trend is even stronger in the newer EU members, a study commissioned by Greenpeace finds.

Only 11 countries are reducing emissions and all will miss Paris targets - Lancet

bne IntelliNews September 8, 2023

Green growth is not yet happening in any advanced economies – and high-income countries are not on track achieve enough emissions reduction without more far profound changes in consumption.

Latvian exports of sanctioned goods soar to Russia's neighbours

Linas Jegelevicius in Vilnius September 4, 2023

In mechanical and electrical equipment, where Latvian exports to Russia fell by a quarter last year, growth in Kazakhstan, KyrgyzstanArmenia was between five and 12 times.

Estonian PM to face no-confidence vote over husband’s Russian business links

Linas Jegelevicius in Vilnius August 27, 2023

Estonian daily Eesti Paevaleht revealed PM Kaja Kallas’ husband's firm earned €1.5mn from Russia business since February 2022.

Latvian president instructs ruling New Unity's Silina to form new government

Linas Jegelevicius in Vilnius August 25, 2023

Welfare Minister Evika Silina will start talks with potential coalition partners after the unexpected resignation of outgoing PM Krisjanis Karins.

Estonian PM Kallas fends off accusations over husband’s alleged Russia business ties

Linas Jegelevicius in Vilnius August 24, 2023

Estonian media claimed companies managed by Kallas' husband are still operating in Russia.

Karins to step down as Latvian prime minister

Linas Jegelevicius in Vilnius August 14, 2023

Ruling New Unity party set to nominate new candidate to try to build new coalition.

Latvian PM sets eyes on new coalition after talks fail with current partners

Linas Jegelevicius in Vilnius August 14, 2023

New negotiations will be launched between Prime Minister Krisjanis Karin's centre-right New Unity alliance with the centrist Union of Greens and Farmers and the social democratic Progressives party.

Net outflow of migrants from CEE slowing as life at home improves

Ben Aris in Berlin August 8, 2023

Central and Eastern European economies have seen significant net migration outflows over the past few decades, but the trend has started to shift in the last five years as outflows have reduced considerably, Capital Economics reports.

CEE easing cycles around the corner

Ben Aris in Berlin August 7, 2023

With inflation passing its peak in most of the countries of Central and Eastern Europe, central bankers are switching gears from aggressively tightening rates to curb price rises to starting to cut rates to support growth.

Czech-based PPF buys 6.3% stake in Scandinavian Viaplay Group

Albin Sybera in Prague August 3, 2023

PPF has significant assets in the media and telecoms sectors.

Poland sends more troops to Belarusian border

Linas Jegelevicius in Vilnius August 2, 2023

Poland announced it will immediately dispatch additional troops to the Belarusian border after two military helicopters violated the country’s airspace.

Estonia to punish companies that chop down forests to make way for construction

Linas Jegelevicius in Vilnius August 1, 2023

Climate ministry official says deforestation to build settlements or roads directly impedes the achievement of nature conservation and climate targets.

Lithuanian PM says army prepared for Wagner’s move to neighbouring Belarus

bne IntelliNews July 26, 2023

Convoys have already brought more than 2,000 Wagner mercenaries to Belarus after Russia mutiny.

G7 pledges long-term security commitment to Ukraine

Dominic Culverwell in Kyiv July 13, 2023

Ukrainian President Volodymyr Zelenskiy said the results of the Nato summit are “good” but an invitation to the alliance “would be ideal”.

How Vilnius became the safest yet emptiest capital

Linas Jegelevicius in Vilnius July 11, 2023

President Gitanas Nauseda has rejected criticism over what some say is a splurge of taxpayer money, saying: “Let's not beat our chests for deciding to paint our lips a little bit”.

VISEGRAD BLOG: Ukraine awaits 'clear signal' of future Nato membership at Vilnius Summit

Robert Anderson in Prague July 10, 2023

Ukraine has proved in real time under real conditions that it is militarily ready for membership.

Ericsson to build €155mn production hub in Tallinn

bne IntelliNews July 6, 2023

Ericsson aims to create a symbiotic relationship between its established R&D in Sweden and manufacturing, where product innovation extends into production and vice versa.

Balkans lift otherwise gloomy Emerging Europe outlook for 2023

Clare Nuttall in Glasgow July 6, 2023

wiiw forecasts economic slowdown caused by a combination of declining real incomes, the recession in Germany and elevated energy prices.