Tag: Latvia

Security & Defence

A drone brought down Latvia’s government — with a delay

Latvia’s government has collapsed five months before the next parliamentary election. Formally, Prime Minister Evika Siliņa announced her resignation after the coalition lost its political capacity to continue.

Transport & Infrastructure

Rail Baltica in Latvia: the airport viaduct construction the government says it did not control

In December 2024, the Latvian government changed Rail Baltica priorities because the project no longer had funding for everything. According to the service investigation discussed by the Cabinet last Tuesday, that decision should have stopped or at least forced a new political confirmation for several controversial works, including the viaduct near RIX Riga Airport.

Statistics & Regulation

Baltic inflation in April: Q2 starts with the same fuel shock

April confirmed the Q1 pattern: the Baltic states are facing a common fuel shock, but inflation is still moving through different national price structures.

Statistics & Regulation

Baltic goods trade in Q1 2026: March rebound, uneven recovery and Latvia’s place in the regional map

In March 2026, goods trade in the Baltic states looked more active than at the beginning of the year. Lithuania recorded a strong monthly rebound in both exports and imports.

Transport & Infrastructure

Baltic Aviation Has a New Passenger Leader: What April Airport Data Revealed

Lithuania moved ahead in passenger traffic, Riga retained its cargo advantage, and Tallinn continued reshaping its route map through low-cost expansion.

Industry

Baltic spring sowing turns into a margin test: dry soil, costly nitrogen and uncertain harvest economics

The 2026 spring sowing season in the Baltic states is becoming more than a weather story. Across Latvia, Lithuania and Estonia, farmers are entering the main crop season with a difficult combination: dry topsoil, expensive fertiliser, higher fuel costs and uncertain autumn revenues.

Data & Signals

Estonia sounds the alarm at 24% debt as Latvia nears 50% (UPDATED)

Eesti Pank is calling for a cross-party debt anchor while Estonia’s public debt remains the lowest in the Baltics. Latvia and Lithuania show why the warning matters beyond Estonia.

Industry

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.

Energy

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,

Statistics & Regulation

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.

Data & Signals

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+.