According to SEB Bank’s available data, although residents can register a payment card for their children starting from the age of seven, information indicates most children in Latvia receive their first payment card at the age of 16. Similarly in Lithuania, where children receive payment cards at the age of 15. In Estonia children generally…
According to the results of a recent survey, while at present, people in Estonia mostly drive gasoline or diesel cars, when considering their next choice of vehicle, many are looking to other options. According to the survey commissioned by insurance firm If Insurance, 90% of Estonian drivers currently drive either gasoline or diesel cars. 10%…
Latvia is set to start work constructing what will be the largest and most state-of-the-art military training area in the Baltic States, at Selija, near its southern border with Lithuania. The Saeima, the Latvian parliament, has recently passed legislation, which will expedite the process and will give the planned training zone status as an object…
Despite the push from Vilnius to speed up the decoupling from the Russian-controlled power grid, the Baltic States will not be able to leave the network next year and ahead of schedule. Estonia, Latvia and Lithuania are part of the Soviet-era BRELL network that also includes Belarus and is controlled by Moscow. The three Baltic…
At a July 13 meeting in Brussels, representatives of the Baltic States, Poland and the European Commission pledged to work toward accelerating the synchronization of the electricity systems of Estonia, Latvia and Lithuania with continental Europe, but no formal decision was made to change the current deadline. “At the meeting, there was no consensus on…
Meelis Oidsalu, a security expert, criticized the NATO summit’s decision on Ukraine and the alliance’s failure to begin contributing more to Ukraine’s defense. Oidsalu was also rather critical of Estonia’s defensive capabilities. “When I listened to the press conference of NATO Secretary General Jens Soltenberg and especially his responses to the confused Ukrainian journalists’ questions…
Latvia is considered the 51st most competitive country in the world this year, as opposed to 35th a year earlier. This is the worst result among the Baltic States, according to results of annual study by the Centre for Global Competitiveness of the Swiss-based International Institute for Management Development (IMD). This study covered 64 countries…