Keyword: Latvia

Baltic Team

IEŚ Commentaries 1204

Russians banned from buying property in states of the Baltic Sea region

The countries of the Baltic Sea region have been of interest to Russian entrepreneurs and investors for years due to their geographical proximity and dynamic economic development. As a result, some real estate located near strategic facilities is currently owned by Russians, posing a challenge to the security of the countries in the region. Bans on the purchase of land by citizens...

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Baltic Team

IEŚ Commentaries 1129
Marlena Gołębiowska - Baltic Team

The Blue Economy in Poland and the Baltic States

The blue economy is a concept of sustainable use of marine, ocean, and coastal resources aimed at supporting economic development while caring for the environment. In Poland, Lithuania, Latvia, and Estonia, this part of the economy generates over 5 billion EURof annual value added and employs over 200,000 workers. The blue economy also plays an important role in achieving the...

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Baltic Team

IEŚ Commentaries 887
Bartosz Jóźwik - Baltic Team

The path to stability: the future of Latvia in the context of economic forecasts for the years 2023-2024

Despite having to grapple with issues such as the effects of the war between Russia and Ukraine or – earlier – the COVID-19 pandemic, Latvia’s economy has demonstrated its ability to adapt and maintain growth dynamics. Notwithstanding the anticipated slowdown in export growth due to a decrease in foreign demand, the second half of 2023 is likely to see a significant...

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Baltic Team

IEŚ Commentaries 639

The Three Seas Initiative after the Riga summit: a new status of cooperation with Ukraine and the support of the United States

On June 20-21, 2022, Latvia organized the 7th summit of The Three Seas Initiative (3SI). Riga emphasized the intra-EU and transatlantic dimension of the format. The first of them was reflected in the decision not to include Ukraine in the Three Seas Initiative, but to grant it a special status of a participating partner. The second is the declaration of the American support for...

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Baltic Team

IEŚ Commentaries 462

High incidence of COVID-19 cases in Latvia – diagnosis of the situation and analysis of the reasons

Latvia is currently the country with the highest incidence of coronavirus cases per 100,000 population in the European Union (1,257 in the last 14 days; the EU average is 190; the other Baltic states – Lithuania and Estonia – are also at the top in terms of COVID-19 incidence, with respectively 1,163 and 1,087[1]). Over the past week, the number of confirmed COVID-19 cases has...

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Baltic Team

Komentarz 438

Latvia is preparing for the parliamentary elections in 2022

The municipal elections in Latvia, held in June 2021, have opened the informal election campaign season. Political activity of the candidates who intend to run in the parliamentary elections, scheduled to be held on October 1 next year, has increased. Their initiatives are undoubtedly influenced by the migration crisis and the uncertainty of political and social situations caused...

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Baltic Team

IEŚ Commentaries 389

Pandemics of social inequalities: status of national and ethnic minorities in Latvia and Estonia

In Latvia and Estonia the pandemic highlighted and deepened socio-economic inequalities due to nationality and ethnicity. The higher rates of COVID-19 among minorities may have resulted from limited access to high-quality health services and information in minority languages. In addition, the lower socio-economic status of the minorities compared to the titular communities,...

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Baltic Team

IEŚ Commentaries 325
Marlena Gołębiowska - Baltic Team

Money laundering in the banks: The Baltic-Nordic front against financial crime

A series of bank scandals have overshadowed the reputation of the financial sector in the Baltic and Nordic States since 2018. The collapse of the bank in Latvia and the severe sanctions for banks in and Denmark that had branches in Estonia resulted from their money laundering for Soviet States, mainly Russia. In order to stop this illegal activity, the countries of the region, in...

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Baltic Team

IEŚ Commentaries 308
Marlena Gołębiowska - Baltic Team

New restrictions and new (better) economic forecasts in the Baltic States

The increase in COVID-19 infections in the Baltic States in recent weeks has resulted in a number of restrictions, but the second lockdown will not affect the economies of the Baltic States as anticipated. Forecasts indicated that the recession in 2020 in Lithuania and Estonia would be one of the lowest in Europe. However, the most recent restrictions – such as the ban on moving...

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