Tag: Latvia
Baltic industry split in March: Latvia +9.5%, Lithuania +4.6%, Estonia −3.1%
March sharpened the industrial contrast inside the Baltics. Latvia posted the strongest headline increase, Lithuania continued to expand, while Estonia moved deeper into negative territory.
Baltic electricity: Lithuania led April’s price drop — −28.94%
In April 2026, electricity prices continued to fall across the Baltic region. The average price in the Baltic bidding areas declined to 56.77 EUR/MWh, down 22.02% from March and 25.16% lower than in April 2025,
Diesel prices punched through the ceiling in March: Lithuania +42%, Latvia +35%
April inflation flashes show a common Baltic fuel signal: Lithuania reported diesel prices 42.4% higher year-on-year, Latvia 34.9% higher, while Estonia said diesel and petrol were the main drivers of its April price rise.
A- as a glass ceiling: why Latvia remains below its Baltic neighbours in Fitch’s rating
In late April, Latvia and Lithuania received almost simultaneous sovereign rating decisions from Fitch Ratings. Latvia was affirmed at A- with a stable outlook, while Lithuania was upgraded to A+.
How much do Baltic presidents earn?
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 of €115,118 in 2025.
AirBaltic case shows where state-backed comfort meets balance-sheet pressure
A 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.
Latvia’s tourism export hits €1.39bn, but visitors lag 2019
Latvia’s tourism export reached €1.39bn in 2025, up 9.9% from 2024 and 53.6% above the pre-pandemic level of 2019. The figure is based on the balance-of-payments item “travel”, which measures foreign travellers’ spending in Latvia, excluding international transport costs.
Estonia leads Baltic retail growth with 7.0%, Latvia trails at 3.9%
Retail turnover increased across the Baltics in March 2026, but the recovery is not moving at the same speed. The regional picture shows three different consumption stories: Lithuania combined the highest inflation with solid real retail growth, Estonia’s headline growth was strongly supported by fuel sales, while Latvia remained the weakest in real retail expansion despite the lowest inflation in…
Latvia’s bread market has already lost one third since 2010
Latvia’s bread producers say the domestic market is slowly shrinking as demographics, changing food habits, retail bake-off formats and rising costs reshape one of the country’s most traditional food sectors. Latvia’s bread market is becoming smaller, but not simpler.
Delfi Latvia 2025: strong profit, lower turnover and a more complex media signal
Latvia’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.