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Not doomed but very risky: airBaltic’s financial troubles deepen as S&P cuts credit rating. By Jonas Deveikis, LRT.lt. Latvia’s national airline airBaltic is facing mounting financial pressure after S&P Global Ratings cut its credit rating to CCC- from CCC+, warning that the carrier may need as much as 170 million euros in additional

By Jonas Deveikis, LRT.lt. Latvia’s national airline airBaltic is facing mounting financial pressure after S&P Global Ratings cut its credit rating to CCC- from CCC+, warning that the carrier may need as much as 170 million euros in additional...

Balticnews
Sexual assault survivors in Lithuania face long waits for help – and lost evidence. By Urtė Šlevaitė, LRT TV, LRT.lt. People who have survived drug-facilitated sexual assault in Lithuania say they are being let down by a system with too few specialist services, no reliable way to preserve evidence, and long waits for care. The

By Urtė Šlevaitė, LRT TV, LRT.lt. People who have survived drug-facilitated sexual assault in Lithuania say they are being let down by a system with too few specialist services, no reliable way to preserve evidence, and long waits for care. The...

Balticnews
Estonia to open its first AI factory this year. A 22 MW AI cloud infrastructure deployment by Nebius will go live at Greenergy Data Centers in Estonia later this year, establishing the largest AI factory in the Baltics. The Nasdaq-listed AI cloud company today announced that agreements signed in

A 22 MW AI cloud infrastructure deployment by Nebius will go live at Greenergy Data Centers in Estonia later this year, establishing the largest AI factory in the Baltics. The Nasdaq-listed AI cloud company today announced that agreements signed in

Balticnews
July in financial markets: geopolitical tensions drive oil prices higher, tech sell-off shakes Asia. By Kārlis Mārtiņš Gulbis, Investment Analyst, Signet Bank. Whatever relief markets drew from June’s U.S.-Iran peace deal proved short lived. The truce collapsed on 8 July, and by mid-month Brent, which opened the month at a four-month low of

By Kārlis Mārtiņš Gulbis, Investment Analyst, Signet Bank. Whatever relief markets drew from June’s U.S.-Iran peace deal proved short lived. The truce collapsed on 8 July, and by mid-month Brent, which opened the month at a four-month low of

Balticnews
“Russians only understand force”: Did Poland make a mistake?. By Ieva Kuraitytė, LRT.lt. During one of the largest attacks on western Ukraine on July 30, a Russian missile crossed into Polish airspace for the first time before crashing on Polish territory. Yet, Poland’s response was restraint – was that a

By Ieva Kuraitytė, LRT.lt. During one of the largest attacks on western Ukraine on July 30, a Russian missile crossed into Polish airspace for the first time before crashing on Polish territory. Yet, Poland’s response was restraint – was that a

Balticnews
Lithuania is getting ready for EU Council presidency. By Edvardas Špokas, Enrika Gecaitė, LRT TV, LRT.lt, Aistė Valiauskaitė. Lithuania is in the final stretch of preparations to take over the rotating presidency of the Council of the European Union in the first half of next year – a six-month

By Edvardas Špokas, Enrika Gecaitė, LRT TV, LRT.lt, Aistė Valiauskaitė. Lithuania is in the final stretch of preparations to take over the rotating presidency of the Council of the European Union in the first half of next year – a six-month

Balticnews
Germany’s switch to electric cars hits record high – even in used cars. Berlin (dpa) – Growing numbers of German drivers are switching to electric cars, with the used vehicle market now also seeing a surge in uptake, according to new data from insurer HUK Coburg published on Tuesday. Among all private customers who

Berlin (dpa) – Growing numbers of German drivers are switching to electric cars, with the used vehicle market now also seeing a surge in uptake, according to new data from insurer HUK Coburg published on Tuesday. Among all private customers who

Balticnews
Inflation in Estonia was the lowest in the euro area in July. By Sulev Pert, Economist at Eesti Pank. Data from Statistics Estonia show inflation remained low in July for the second consecutive month at 2.2% over the year. Average inflation in the euro area remained close to 3% at the same time, and Estonia had

By Sulev Pert, Economist at Eesti Pank. Data from Statistics Estonia show inflation remained low in July for the second consecutive month at 2.2% over the year. Average inflation in the euro area remained close to 3% at the same time, and Estonia had

Balticnews

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