Latvia will formally apply to join the eurozone in early 2013, with a view of adopting the currency in 2014, Latvian Prime Minister Valdis Dombrovskis said Dec. 19, The Guardian reported.

The Baltic Council of Ministers has expressed support for the Visaginas nuclear power plant project in Lithuania, Bloomberg reported Nov. 9.

Estonian Prime Minister Andrus Ansip and Latvian Prime Minister Valdis Dombrovskis said Sept. 20 that they are committed to a nuclear power project in Lithuania, Bloomberg reported.

The construction of a liquefied natural gas terminal capable of securing the supply in Baltic countries and Finland would cost one-third less in Tallinn than in any other location, Denmark's Ramboll Oil & Gas AS determined after a feasibility study, Baltic Business News reported Sept. 9.