Baltic States

EU Launches WTO case against China over Lithuania blockade

bne IntelliNews January 28, 2022

China started blocking Lithuanian products and some European goods that contained Lithuanian components at customs last month.

wiiw slashes Emerging Europe growth forecasts for 2022 and 2023

bne IntelliNews January 27, 2022

Turkish growth is expected to slow to 3.5% this year, from a forecast 9.5% in 2021, while for Russia, GDP growth is forecast to slow to 2% from 4.5%.

NEMETHY: Is monetary tightening the cure for inflation?

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors January 26, 2022

The US Fed has not increased interest rates, just talked of increasing rates – not even by that much — and global stock exchanges lost $4.2 trillion in week. How can the Fed kill off the current high inflation without crashing the economy?

Lithuania looks for quality, not quantity in fintech

Linas Jegelevicius in Vilnius January 26, 2022

The central bank is implementing tighter standards following Lithuanian fintech UAB Finolita Unio's involvement in the Wirecard scandal.

Baltics to send weapons to Ukraine as fears of Russian invasion rise

bne IntelliNews January 24, 2022

Estonia will send Javelin anti-armour missiles, while Latvia and Lithuania will send Stinger antiaircraft missiles.

US charges four Belarusian state officials with conspiracy to commit aircraft piracy

bne IntelliNews January 23, 2022

Yesterday, a federal grand jury in New York returned an indictment which charged four Belarusian state officials with conspiracy to commit aircraft piracy.

Baltics boost own military capacities and pledge to send arms to Ukraine as tension mounts

Linas Jegelevicius in Vilnius January 21, 2022

Latvia, Lithuania and Estonia have pledged to offer Ukraine assistance, including in cyber security.

OUTLOOK 2022: Central Europe and the Baltic states

Robert Anderson in Prague January 17, 2022

Central Europe faces a critical year, with a key election in Hungary in April, while rumbling political instability in Poland and Slovakia could lead to early elections.

Lithuania terminates transport contract with Belarus potassium giant Belaruskali

bne IntelliNews January 12, 2022

Lithuania insists it did not break sanctions by allowing Belaruskali exports but the affair was extremely embarrassing because it has been one of the most strident voices calling for sanctions on Minsk.

Estonia's Bolt raises €628mn to boost growth

bne IntelliNews January 12, 2022

Funding round gives on-demand transport and delivery start-up a valuation of €7.4bn.

Lithuania pays Guantanamo ‘forever prisoner’ $113,000 over CIA torture

Linas Jegelevicius in Vilnius January 12, 2022

Abu Zubaydah is reportedly still in Guantanamo Bay, where he has been held without being charged for the past two decades.

bneGREEN: Brussels labels both gas and nuclear as green

bne IntelliNews January 5, 2022

Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.

Estonian government under fire for booming trade with Belarus

bne IntelliNews January 3, 2022

Government says that companies brokering or transiting goods from Belarus to the foreign market through Estonia do not violate sanctions imposed on Lukashenko's regime.

DEATH OF THE SOVIET UNION: BOOK REVIEW – Reassessing the causes of the Soviet demise

Clare Nuttall in Glasgow December 28, 2021

Vladislav Zubok’s book Collapse: the fall of the Soviet Union examines the causes of the breakup of the Soviet Union and challenges the view that the collapse was inevitable.

CEE banking: As good as it gets in (post-) crisis times and the challenging geopolitical environment

Gunter Deuber in Vienna December 20, 2021

Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.

Lithuanian premier rejects ministers' resignations over Belarus sanctions-busting scandal

Linas Jegelevicius in Vilnius December 15, 2021

Head of state-owned railways will instead step down over contract that allows Belaruskali potash to continue being carried to Port of Klapeida.

Lithuania humiliated by Belarus sanction-breaking scandal

Linas Jegelevicius in Vilnius December 13, 2021

Foreign and transport ministers offer to resign after revelation that state-owned railways has continued to transport potash exports of sanctioned regime.

DEATH OF THE SOVIET UNION: Widespread nostalgia but no going back

bne IntelliNews December 10, 2021

Many older citizens across the former Soviet Union look back nostalgically to the ‘golden age’ before the transition but few genuinely want a return to socialism.

Biden pledges no backstage talks with Russia about Nato’s eastern flank

Wojciech Kosc in Warsaw December 10, 2021

US president reassures Bucharest Nine of commitment after talks with President Putin stoke fears.

Latvia issues eight-year sustainability bonds worth €600mn

bne IntelliNews December 9, 2021

Issue is Baltic states' first sustainability bond.

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