AGP Executive Report
Last update: 2 hours agoairBaltic Restructuring: Latvia’s flag carrier says its situation is “very serious” and has approved a new business plan that shrinks its all-Airbus A220-300 fleet from 54 to about 36 by year-end, with a key bondholder vote set for 17 August. Border Security: Lithuania is sending 20 border guards to assist Latvia, as Latvia reports stopping 9,675 irregular migrants at the Belarus border this year. Tourism Demand: Estonia reports tourism is back on track, with 1.66 million overnight-stay tourists in the first half of 2026 and total nights just 1% above pre-crisis 2019 levels. Local Budgets: Latvian municipalities say higher revenues aren’t always translating into smoother spending, with some councils expecting to learn about budget overruns only at year-end. Public Transport for Students: Riga reminds families to apply for the Student Card by 25 August so it’s ready for the new school year, with the card also covering public transport. Travel Safety Warning: EU ETIAS is delayed indefinitely, and travellers are urged not to apply or pay for fake “ETIAS” websites or agents. Energy Costs Watch: An economist warns Latvia’s gas price shock may hit consumer prices with a delay, but could still lift overall prices over the next year. Riga 825 Auto Parade: Riga’s birthday celebrations include rare Auto Union Type C and V16 drives and exhibitions, aimed at drawing both locals and foreign visitors.
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