Representatives of all three Baltic States met in Tallinn to discuss Baltic space cooperation. All three countries are in full cooperation with the European Space Agency (ESA) and contribute to its programs, but say that in a rapidly developing field, joint projects in space tech and business would benefit all players. Paul Liias, head of…
The euro area’s annual inflation slowed to 8.5% in February, with Latvia clocking the highest annual inflation for the month at 20.1%, followed by Estonia at 17.8% and Lithuania at 17.2%, according to a flash estimate published by Eurostat on March 2. The euro area’s overall annual inflation slowed somewhat from 8.6% in January to…
The volume of railway freight going into the direction of Baltic States will continue decreasing. Even at an optimistic scenario – if the war in Ukraine ends and relations with Russia gradually improve, there is no way to come back to the freight volumes of the past, said Estonian businessman and millionaire Oleg Osinovsky. His…
Two Baltic manufacturers, Latvia’s Finieris and Lithuania’s DUV, have joined forces to produce wooden beds for Ukrainians. They are used to equip the country’s bomb shelters in metro stations and schools. The modular beds, which can accommodate up to four or five people at a time, have already been delivered to 18 stations of the…
One advantage of the GE Hitachi modular reactor selected by Fermi Energia, is its passive safety system, which, in the event of a malfunction, would ensure the nuclear plant remains safe, says energy professor Alar Konist. However, introducing nuclear power to Estonia would still require a long period of preparatory work, he said. “Fermi Energia…
Estonia, Latvia, Lithuania and Poland signed a joint agreement to depend on security cooperation and establish a new platform that spans the four countries. Minister of Foreign Affairs Urmas Reinsalu (Isamaa) and his counterparts co-signed the document in Riga, Lavia on January 31. “It lays the foundation for a cooperation platform of the four countries,…
After Germany, the US and other Western allies finally approved tank shipments to Ukraine, the country battling Russian invasion has now set its eyes on modern fighter jets, a wish supported by the Baltic States. According to Politico, which interviewed several Western military officials and diplomats, conversation about supplying Ukraine with fighter jets is already…