Baltic States
Earth experiences steady stream of heat records - Statista
Heat records have become commonplace in meteorological record-keeping, while new cold records have become few and far between, Statista reports.
Estonia declines airBaltic stake offer amid airline's financial challenges
Estonia has decided against purchasing a stake in Latvia's flag carrier airBaltic, Infrastructure Minister Kuldar Leis announced on July 3.
€220,000 Rolls-Royce owned by Russia-linked mayor of Kaunas hits pedestrian
Visvaldas Matijosaitis, mayor of Kaunas, Lithuania’s second-largest city and one of the country's richest men, struck a pedestrian with his ca €220,000 Rolls-Royce on June 30 at a pedestrian crossing in the city.
Poland eyes border checks with Lithuania amid migrant pressure, but Vilnius left in the dark
Polish Prime Minister Donald Tusk said on June 30 that his government is considering reintroducing border controls with Lithuania in response to increased concerns about irregular migration.
Latvia eyes public spending cuts amid budget strain and MP rings alarm bells
Latvia’s government ministries have begun outlining a series of proposed cost-cutting strategies aimed at easing pressure on the national budget. More than 250 suggestions have been submitted to the Ministry of Finance.
Emerging Europe growth resilient despite global risks, wiiw says
Economies across Central, Eastern and Southeast Europe are set to maintain solid growth in 2025 and 2026 but face downside risks from Middle East tensions, the war in Ukraine and US trade policy.
EU eyes new Asian trade alliances to offset US trade war risks
European Commission President Ursula von der Leyen is pushing for closer ties with Asia as part of a new EU trade strategy to offset the growing trade war risks with the Trump administration and reforming the global trade system.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
Nato members agree to 5% GDP spending hike, but will they pay?
Nato leaders agreed to raise defence spending to 5% of GDP by 2035 and renewed their commitment to collective defence at the Nato summit held in the Hague on June 25, but how many of them will pay?
Estonia already spending more than 5% on Nato defences as it prepares for possible war with Russia
Nato members are gathering in The Hague for the annual security conference on June 25 where the US is demanding countries increase defence spending to at least 5% of GDP by 2035. Estonia is already there.
Global uncertainty causes FDI to plummet in Emerging Europe
wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.
Proposed defence spending hike to 5% of GDP exposes divisions among Nato members
Russia hawks in Poland and the Baltic States are firmly behind plan to increase defence spending to 5% of GDP, while other members question new target.
Who hold the most gold reserves?
In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.