Baltic States

CEE Economic Sentiment Indicators fall on polycrisis woes

bne IntelliNews June 30, 2022

The European Commission’s Economic Sentiment Indicators (ESI) for Central and Eastern Europe (CEE) fell in May as the polycrisis hitting the world took its toll on economies across the entire region.

Nato agrees 'fundamental shift' to counter Russia

Robert Anderson in Prague June 29, 2022

Security alliance’s leaders agree a big increase in troop deployments on its Eastern Flank, more help for Ukraine in its defence against Russian aggression, and a new Strategic Concept.

Amnesty International issues damning report on Lithuania’s migration centres

Linas Jegelevicius in Vilnius June 28, 2022

NGO documents allegations of racism and violent pushbacks of asylum seekers.

Lithuania braces for Russian retaliation over Kaliningrad sanctions

Linas Jegelevicius in Vilnius June 23, 2022

Moscow regards the ban on the transport of certain goods – notably steel and ferrous metal products – between parts of its territory as a violation of a 2002 agreement with the EU.

Russia demands end to Kaliningrad transit restrictions

Linas Jegelevicius in Vilnius June 21, 2022

Lithuania says restrictions are due to EU sanctions and talk of blockade is 'plucked out of thin air'.

Bulgaria posts highest inflation in SEE amongst EU peers

bne IntelliNews June 21, 2022

Bulgaria posted the highest level of inflation in Southeastern Europe amongst EU members after annual inflation hit 13.4% in May, as the whole world fights to avoid stagflation

Nordic banks hit by new money laundering scandal in the Baltic states

Linas Jegelevicius in Vilnius June 14, 2022

Baltic branches of Nordic bank Nordea and Norway's DNB bank, as well as Luminor Bank, acted as conduits for alleged money laundering.

NEMETHY: The world continues to hurtle towards recession and potentially financial crisis

Les Nemethy June 14, 2022

There is a widespread feeling of ‘business as usual’. There is very little sense of impending doom. This confidence is misplaced.

Estonian coalition negotiations to start between Reform, Isamaa and the Social Democrats

Linas Jegelevicius in Vilnius June 13, 2022

Rightwing Ismaa party signals that it willl join negotiations being led by Reform, rather than those launched by the Centre Party.

bneGREEN: EU to use €2.4bn of carbon credit cash to fund green projects in CEE

Richard Lockhart in Edinburgh June 9, 2022

The EU’s Modernisation Fund is to provide €2.4bn raised from the proceeds of the EU Emissions Trading System (ETS) to seven Central and East European countries to help them meet their 2030 climate and energy targets

INTERVIEW: Estonia’s President Alar Karis

Linas Jegelevicius in Vilnius June 7, 2022

"In a sense, we, the Western states, failed – so many heads of Western states went to Russia, yet we did not manage to avoid the war."

CONFERENCE CALL: Globsec basks in Putin's humiliation

Robert Anderson in Prague June 6, 2022

In contrast to previous conferences of the Bratislava-based security think-tank, there was a feeling that the West is no longer on the back foot and that now is the time to press home its advantage.

EU latest sanctions on Belarus increase pressure on regime

bne IntelliNews June 6, 2022

On June 3, the EU introduced its sixth package of sanctions against Belarus and Russia, which heavily increases the economic pressure on the Minsk regime.

Estonia’s PM kicks Centre party out of governing coalition

Linas Jegelevicius in Vilnius June 3, 2022

Kallas proposes to form a new government with the Isamaa party and Social Democrats.

Russia's invasion of Ukraine pushes Eastern Europe further towards the West

Robert Anderson in Prague June 3, 2022

But close to half of Globsec Trends 2022 poll respondents in Hungary, Bulgaria and Slovakia do not place primary responsibility on Russia for the war in Ukraine.

Belarus drastically eases entry restrictions for foreigners

bne IntelliNews June 1, 2022

Belarus drastically eases entry restrictions for foreigners in an attempt to bolster tourism revenues. Apart from more people from neighbouring countries coming to visit friends and family, the Belarus' international isolation continues to increase.

Estonia expected to have more than 100,000 e-residents in 2022

bne IntelliNews May 29, 2022

Since Estonia launched its e-residency programme at the end of 2014, it has already attracted more than 92,000 e-residents.

CEE companies weather the COVID-19 crisis

Robert Anderson in Prague May 23, 2022

Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.

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.