Baltic States
INTERVIEW: Estonia grapples with fiscal strain as surging defence spending tests budget
Estonia faces a difficult path back to fiscal balance after more than doubling defence spending since Russia's invasion of Ukraine, Finance Minister Jürgen Ligi tells IntelliNews.
Can the Baltics become Europe's engine of innovation?
Europe has a problem. It’s falling behind both the US and China in innovation. If a European start-up gets off the ground they regularly decamp for the US where the market is bigger and more liquid.
EU disunity deepens as foreign policy chief Kallas’ job comes under attack
France and Germany are discussing proposals for a radical overhaul of the EU’s 15-year-old diplomatic service and cutting the powers of EU foreign policy chief Kaja Kallas, in an attempt to improve the bloc’s response to geopolitical crises.
Lithuania and Luxembourg deepen defence ties with satellite communications agreement
Deal helps Lithuania bolster military communications infrastructure as defence requirements continue to evolve.
Lithuanian LSDP ousts populist Nemunas Dawn from coalition, triggering government shake-up
Lithuania's ruling Social Democrats voted to remove the radical right populist Nemunas Dawn party from the governing coalition
EBRD2026: EBRD deepens support for pan-Baltic capital market
EBRD working with Estonia, Latvia and Lithuania to remove remaining barriers and strengthen the region’s bid for higher global index classification.
EBRD2026: EBRD pledges continued support for Ukraine, Middle East as global turbulence deepens
EBRD president Odile Renaud-Basso says helping countries respond to conflict and economic crises are development bank's priority.
EBRD2026: EBRD, EU expand InvestEU support with €478mn in new guarantees
Additional guarantees to enable EBRD to finance higher-risk projects that may otherwise struggle to secure commercial funding.
Estonia’s Sunly and Rolls-Royce strike Baltics’ largest private battery storage deal
After Baltic region's synchronisation with the European electricity network and disconnection from the Russian grid, demand for balancing and frequency-control services has increased sharply.
COMMENT: Europe risks becoming a ‘vassal’ unless it relearns power politics, Sciences Po chief warns
Europe is in a historic decline that threatens its economic model, political autonomy and global influence, and lacks the intellectual framework needed to reverse the trend, according to the head of France's elite Sciences Po university.
Middle East conflict and energy shock slow growth across EBRD regions
Bank warns higher energy costs are reigniting inflation, weakening industrial competitiveness and straining already fragile public finances
German business returns to Russia for St Petersburg Investment forum
A group of German business figures is set to attend Russia’s flagship St Petersburg International Economic Forum (SPIEF) which kicks off on June 3, marking a return of top German companies to Russia’s flagship event.
Baltic states can become a leading innovation hub in Northern Europe, foreign investors say
Despite strong potential, fragmented policies, limited access to growth capital and weak links between business and research hold the region back.
Bulgaria the latest addition to the EU’s Excessive Deficit Club
Bulgaria has barely had time to celebrate joining the eurozone monetary union at the start of this year before the European Commission is set to turn around and throw it into the rapidly growing financial delinquents club.
From Soviet antihistamine to Alzheimer's breakthrough: a UK biotech bets on a molecule the world forgot
A small UK-registered biotech company believes it has found an Alzheimer's treatment that is safer, cheaper and more effective than anything currently on the market — and it has done so by revisiting a molecule first synthesised by Soviet chemists.
Estonian firm to invest €100mn in hybrid energy park in Latvia, partner with Rolls-Royce
Sunly has emerged as one of the Baltic region’s fastest-growing renewable energy developers, focusing on solar, wind and storage projects across the Baltics and Poland.
Germany’s gas grid operators warn they may fail to secure suffiencent supplies to make it through the coming winter
Germany’s gas grid operators have warned that current market conditions and storage rules may be insufficient to secure supplies through the coming winter.
Latvia’s new government criticised for overwhelming gender imbalance
Only two women are expected to hold ministerial posts in the 15-member government, despite Latvia having previously ranked among the stronger EU performers for female political representation.
The Iberian blackout was a grid failure, not a renewables failure
When the lights went out across almost all of Spain and Portugal last year in one of the biggest blackouts since the war, experts quickly blamed the explosion of renewable generating capacity as the cause. They were partly right.
Lithuania tests Shahed-like drone detection system
Tests are aimed at assessing drone detection capabilities after several drone incursions on Lithuanian territory.