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Baltic operators launch the Baltic balancing capacity market as synchronisation with the European electricity system approaches

ENERGY Theodoros Benakis -
Lithuania, Latvia, and Estonia's electricity transmission system operators—Litgrid, Augstsprieguma tīkls, and Elering—have launched the Baltic Balancing Capacity Market. This market will provide reserve capacity...

EU Council adds three individuals to EU sanctions list for malicious cyber activities against Estonia

CYBER-SECURITY Theodoros Benakis -
On January 27, the European Council imposed additional restrictive measures on three Russian individuals linked to cyberattacks against Estonia in 2020. These individuals are...

Nordic-Baltic Eight (NB8) countries express concern over the situation in Georgia

DENMARK Theodoros Benakis -
On 29 December, the Nordic-Baltic Eight (NB8) countries, comprising Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden, issued a joint statement expressing grave...

Swedish SEB will consolidate its Baltic banks into one

ECONOMY Theodoros Benakis -
The Swedish bank, Skandinaviska Enskilda Banken AB (SEB), which provides comprehensive financial services in the Baltic states, plans to consolidate its three Baltic legal...

NATO-member Baltic States will work towards allocating 3% of their GDP to defence

ESTONIA Theodoros Benakis -
On Friday, Lithuanian President Gitanas Nausėda met with Estonian President Alar Karis and Latvian President Edgars Rinkēvičs in Klaipėda, Lithuania, for their annual meeting....
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