Editorial archive

Latvia

What Selective Default Means — and Whether airBaltic Can Make It Through the Crisis

S&P Global Ratings downgraded airBaltic to SD, or Selective Default, and lowered the rating on its €380 million senior secured bonds due in 2029 to D.

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Event Agriculture & Food BalticAnnounced

Agrone catches the last train in Baltic dairy

.Estonia’s Agrone is moving downstream just as Baltic dairy processing enters a new round of consolidation. The RPK deal shows why timing — and financing — now matter.

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Editorial Data & Signals Latvia

€168.1 million — Latvia’s NGO funding dispute

Latvia paid €168.1 million from the state budget to NGOs in 2025. The funding went to 1,940 organisations — about 7% of the country’s 27,884 registered associations and foundations. The figures are at the centre of a sharp…

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Editorial Transport & Logistics Latvia

Latvia Big Figure: 13,000–15,000 vehicles cross Pāternieki each month

13,000–15,000 vehicles cross Latvia’s Pāternieki border checkpoint in an average month.

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Editorial Data & Signals Baltic

EU sanctions close Mere stores in Latvia and Lithuania

Mere stores in Latvia and Lithuania have closed after Russian businessman Sergey Schneider was added to the EU sanctions list. In Latvia, the chain operated 12 stores through SIA Latprodukti and the Latvian branch of Lithuania-registered Valiente. Latprodukti…

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Analysis Data & Signals Latvia

Latvia’s IT procurement scandal raises questions for the country’s international projects

Latvia’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…