AGP Executive Report
Last update: 6 hours agoUkraine-Russia War & Baltic Security: Ukrainian drones struck St Petersburg ahead of Putin’s flagship economic forum, with Russian authorities saying dozens were intercepted; the attack disrupted mobile internet and briefly closed Pulkovo Airport, while air alerts were reported in Latvia and Estonia. Latvia’s Defence Industry: Latvia and Finland signed an agreement to develop a common protected military vehicle system (CPV) over three years, aiming for future serial production and deeper procurement cooperation. Local Economy & Infrastructure: EBRD cut growth forecasts for Latvia and warned about risks tied to Rail Baltica and airBaltic, as Latvia’s GDP outlook softens amid higher energy costs. airBaltic Update: airBaltic losses topped €70m in Q1, and management says the 2026/2027 winter season may need €100–€150m in extra funding. UN Diplomacy: Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe won UN Security Council seats; Germany failed to secure one. Riga & Aviation Connectivity: airBaltic resumed a seasonal Riga–Aberdeen route, adding summer connectivity for business and leisure travelers. Public Life: Daugavpils’ 751st birthday festival runs June 5–7 with extra public transport and free rides on June 6–7. Business Leadership: Ammunity appointed Kaspars Pollaks as CEO from June 1, focusing on capacity and end-user cooperation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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