Baltic States

Nordic Nato accession set to reinforce Baltic states' security

Linas Jegelevicius in Vilnius May 16, 2022

The accession of Finland and Sweden to Nato will transform the picture in the Baltic region but more military deployments are still needed, argue Baltic experts.

Estonian firms move forward with LNG facility project without state support

Linas Jegelevicius in Vilnius May 16, 2022

The Paldiski terminal is expected to receive LNG from a floating terminal, ending Estonia's 80% dependence on Russian gas.

Russia’s Pussy Riot leader flees to Lithuania

bne IntelliNews May 12, 2022

Maria Alyokhina, who was banned from leaving Moscow, says she fled dressed as a meal delivery courier.

EBRD expects 30% GDP contraction in Ukraine in 2022, lowers emerging Europe projections

Clare Nuttall in Marrakesh May 10, 2022

The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.

Lithuania launches GIPL gas link with Poland

Linas Jegelevicius in Vilnius May 6, 2022

The €500mn pipeline will enable the Baltic states and Finland to receive pipeline gas from Western Europe for the first time.

Baltic states find themselves on the inflation frontline

Linas Jegelevicius in Vilnius May 4, 2022

Lithuania, Latvia and Estonia are among the most at risk from the economic fallout of Russia's invasion of Ukraine, and are currently suffering the highest inflation rates in the EU.

Emerging Europe growth to fall to an average of 3% this year, says wiiw

bne IntelliNews April 28, 2022

Russian GDP forecast to fall by 9-15% this year, while Ukraine's economy could collapse by 38-45%.

Ukraine conflict will trigger recessions across CEE, says Capital Economics

bne IntelliNews April 21, 2022

Russian GDP forecast to slump 12% in 2022, while Ukraine's GDP will halve. Bulgaria, Slovakia and the Baltic states will have two quarters of negative growth.

Polish, Baltic leaders pledge support for Ukraine’s EU ambitions

bne IntelliNews April 14, 2022

Ukraine should become a member of the European Union as soon as possible, the presidents of Poland, Lithuania, Latvia, and Estonia said in Kyiv on April 13.

Lithuania’s second-largest city to remove Soviet memorials

bne IntelliNews April 12, 2022

Kaunas wants to remove any symbols of the Soviet Union and Russia from its public spaces after the Russian invasion of Ukraine.

Nord Security startup becomes Lithuania’s second unicorn

Linas Jegelevicius in Vilnius April 10, 2022

Nord Security is now striving to become the world’s biggest cybersecurity company.

Latvian Harmony Party support collapses after Russian invasion of Ukraine

Linas Jegelevicius in Vilnius April 10, 2022

Harmony, Latvia's longtime largest party, which is backed by ethnic Russians, collapses to fourth place in March opinion poll.

EBRD slashes 2022 growth forecasts but only nations embroiled in war to enter recession

Clare Nuttall in Glasgow March 31, 2022

Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.

The EC Economic Sentiment Index tumbles in March and price rise expectations hit record levels

bne IntelliNews March 30, 2022

European economic sentiment took a hit in March, falling in seven of the ten most important economies, as the war in Ukraine and the economic impact of extreme sanctions on Russia drive up inflation and disrupt supply chains.

Eastern EU member states divided over sanctions on Russian oil and gas exports

bne IntelliNews March 18, 2022

Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.

Lukashenko meets Putin as Minsk tightens the screws

bne IntelliNews March 11, 2022

Sanctions are hitting the Belarusian economy hard and Minsk is further tightening the screws around public speech and private commercial interests.

Grain-hungry nations look to second-tier emerging Europe producers

bne IntelliNews March 11, 2022

​The war between two of the world’s top grain exporters, Russia and Ukraine, has sent prices to record levels and forced importers to urgently seek out alternative sources.

CEE's arms industry seeks to profit from new Cold War

bne IntelliNews March 8, 2022

Central and Eastern Europe’s arms industry should also benefit from the shift of defence up the list of political priorities.

Women in emerging Europe have 86% of the economic rights given to men

bne IntelliNews March 7, 2022

With the exception of Latvia, women in countries across the region are among the almost 2.4bn worldwide that don’t enjoy the same economic rights as men.

VISEGRAD BLOG: Nato rethinks the security of its Eastern Flank

Robert Anderson in Prague March 3, 2022

We may be witnessing the construction of a new Iron Curtain in Eastern Europe, though this time the former Warsaw Pact states of Central Europe will be on the western side.