While offshore wind farms are now almost certainly off the table in Estonia for the next decade or two, transmission system operator (TSO) Elering still plans to move forward with an undersea power link to Latvia via Saaremaa. The Ministry of Climate now acknowledges that the previously planned reverse auction-based subsidy model isn’t suitable for…
New regional bus services have begun running between towns in the south of Estonia and the north of Latvia. To establish the bus lines between Valga and Valka and Parnu and Salaca, public transport centers have had to grapple with the different bureaucratic systems in the two countries for a number of years. A new…
The Connecting Europe Facility (CEF) has allocated EUR 295.5 million for the construction of Rail Baltica, with EUR 47.1 million of that amount earmarked for Estonia. Of the additional funding allocated by Brussels, Latvia will receive EUR 153.5 million, Estonia EUR 47.1 million and Lithuania nearly EUR 94.9 million. Latvia’s Ministry of Transport stated that…
Estonia’s government on July 3 rejected an offer from the Latvian Ministry of Transport to purchase a EUR 14-million stake in Latvian airline airBaltic, Minister of Regional Affairs and Infrastructure Kuldar Leis (Reform) said. “We received an offer from the Latvian Ministry of Transport to acquire up to a 10% stake in airBaltic for EUR…
The Estonian government will on July 3 begin discussions on a proposal from Latvia’s Ministry of Transport to acquire a stake in the airline airBaltic. Both Estonia and Lithuania are expected to contribute under the same conditions as the Lufthansa Group, but the parties are not disclosing the details of the offer ahead of the…
The consequences of the avian influenza outbreaks in Lithuania and Poland are still being felt in the regional egg market and, according to local market players, could drive it into a new crisis. Although retail egg prices in Lithuania have risen moderately over recent weeks, wholesale prices are experiencing double-digit growth, Aleksandrs Izgorodins, an analyst…
Latvia’s government has agreed to offer Estonia and Lithuania the opportunity to purchase shares in Latvian airline airBaltic. Minister of Infrastructure Kuldar Leis (Reform) said no decision would be made until a concrete offer was put forward. While the idea has been raised before, this is the first time the Latvian Ministry of Transport has…