Baltic States

Lithuanians pick new president in continuation vote

Wojciech Kosc in Warsaw May 26, 2019

The new head of state will be picked in a run-off vote between two largely centre-right contenders who are seen as likely to just fine-tune "Iron Lady" Dalia Grybauskaite’s legacy, not overturn it.

Lithuanian industrial production more than doubles y/y growth rate in April

bne IntelliNews May 23, 2019

The adjusted annual growth in April owes to production expanding 14% y/y in the most-weighted manufacturing segment, compared to a growth of 7% y/y the preceding month.

Latvia-China e-commerce hub launched in Riga

bne IntelliNews May 22, 2019

The hub is expected to promote economic cooperation between China and Latvia, which could reach €1bn in the coming years, a Latvian government official said.

Voters prepare to punish their ruling parties in European Parliament elections

bne IntelliNews May 22, 2019

Following domestic political scandals in several Central and Southeast European member states, many voters just want to give their ruling parties a kicking in this week's EU-wide vote.

PM Skvernelis' defeat in presidential election causes turmoil in Lithuanian politics

Wojciech Kosc in Warsaw May 16, 2019

After coming in a humiliating third place in the presidential poll, Saulius Skvernelis says he will stand down if his party also performs poorly in the European Parliament election next week.

Tight race for Lithuania's presidency

Wojciech Kosc in Warsaw May 10, 2019

Two centre-right economists lead the polls ahead of Sunday's vote, as Prime Minister Saulius Skvernelis trails in third place.

Poland leads CEE charge against “centralised” and “multi-speed” EU

Wojciech Kosc in Warsaw May 2, 2019

Warsaw wants the EU to devolve more powers to national governments and opposes deeper integration of some – mostly Western – member states in specific policy areas.

Estonia’s new government hit by first resignation hours after taking oath

Wojciech Kosc in Warsaw May 2, 2019

Estonia’s IT and foreign trade minister Marti Kuusik resigned after allegations surfaced linking him to domestic violence.

15 years on from 2004 wave of EU accessions, convergence but a patchy overall record for CEE countries

Clare Nuttall in Glasgow May 1, 2019

15 years after eight CEE states entered the EU, there have been significant economic gains, but in recent years this has been accompanied by a backsliding on democratic reforms.

Money-laundering crisis reshapes Estonia’s relations with non-resident businesses

Sergei Kuznetsov in Tallinn April 30, 2019

When the Estonian government launched its ambitious e-residency programme in late 2014, little did Tallinn think that the country’s largest-ever money-laundering crisis, with the local unit of Danske Bank at its centre, would make trouble

Arming and rearming: Military spending grows across CEE and SEE in 2018

bne IntelliNews April 29, 2019

Russia’s expenditure falls for a second year, even though Moscow fears are driving defence outlays elsewhere. Turkey committed a league-topping 24% more while Iran spent 9.5% less on its armed forces as US tightened economic noose.