AGP Executive Report
Last update: 6 hours agoRail Baltica: Latvia’s new government faces urgent, multi-billion-euro decisions on Rail Baltica financing and the 2030 completion target, with RB Rail warning that delays could add about €200m per year and pushing options like a PPP for the northern mainline plus use of the EU SAFE instrument. Aviation & security: Latvia and Estonia issued drone-related air threat warnings overnight; in Latvia, an Alūksne-area alert was later lifted, while Estonia said no drones reached its airspace after verification. Air war spillover: Ukraine struck targets in St. Petersburg ahead of Putin’s economic forum, with Russian officials citing damage and injuries and local reports pointing to attacks near major port infrastructure. Energy: A new hybrid wind/solar-plus-storage project opened in Līvāni, investing €3.4m in a solar park and battery system to boost energy security and cut reliance on imports. Economy & politics: Latvia’s PM Andris Kulbergs said airBaltic can’t rely on taxpayers alone and that a summer decision is needed, stressing private capital and reviewing the airline’s business plan after the first state-loan repayment. Local environment: Baldone moved to shut down a quail farm after residents complained about persistent foul odours. Weather: Warm conditions continue in Latvia with thunderstorms possible, including in Vidzeme and northern Latgale.
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