Events, data and analysis from the Baltic economies
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Estonia’s Ministry of Finance has published 2025 public-sector salary data. According to figures reported by ERR, President Alar Karis and Supreme Court Chief Justice Villu Kõve were the highest-paid officials in Estonia’s public sector, each receiving gross pay…
PhotoA Bloomberg report that a group of airBaltic bondholders has hired legal advisers adds a creditor-risk layer to Latvia’s aviation debate. The issue is not only fuel prices. airBaltic’s own investor materials show a broader pressure mix: low…
PhotoLatvia’s AS Delfi, the company behind one of the country’s largest digital media platforms, has published its 2025 results. At first glance, the figures look strong: profit rose sharply, and digital subscriptions exceeded 40,000 by year-end. A closer…
PhotoairBaltic has appointed Seabury Securities LLC and Seabury Securities (UK) Ltd. as strategic and financial adviser at a time of mounting financial pressure. With its IPO paused, a short-term state loan put forward and additional funding still needed,…
PhotoFuel became one of the key inflation drivers across the Baltics in March, but it entered the data in different ways. In Latvia, the shock appeared most clearly through a separate jump in retail fuel prices. In Estonia,…
PhotoLithuania currently has the strongest published GDP growth forecast in the Baltics for 2026, while Estonia expects a slower recovery under tighter fiscal pressure. In Latvia, the central bank’s latest Saeima material focuses less on headline growth and…
PhotoRetail performance across the Baltic states in February 2026 remained positive in annual terms, but underlying consumption patterns continued to diverge. 🇱🇻 Latvia Latvia reported a 4.3% year-on-year increase in retail turnover. Growth was driven primarily by non-food…
PhotoComparison vs February 2026. Method: non-promotional prices only. Sources: Rimi + Barbora
PhotoLatvia’s IT procurement scandal has moved well beyond the frame of a routine corruption case. According to the European Public Prosecutor’s Office, the investigation concerns at least six ERDF-funded projects worth up to €1.5 million and includes warnings…
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