Fitch places airBaltic on negative rating watch, warning of possible default
International credit rating agency Fitch Ratings has placed both Latvia’s national airline airBaltic and its secured bonds on Negative Rating Watch, according to…
Author: Ogres
“I’m not satisfied”: Latvia’s new prime minister assesses his first month in office
“I’m not satisfied”: Latvia’s new prime minister assesses his first month in office
“We’re critically short of personnel”: Latvia’s Prosecutor General warns corruption is going undetected
Latvia is struggling to uncover complex corruption schemes, and investigative authorities face a critical shortage of undercover operational officers, Prosecutor General Armīns Meisters…
NATO reaffirms Article 5 commitment, pledges at least $140 billion in military aid for Ukraine
NATO leaders meeting at the Alliance summit in Ankara reaffirmed their commitment to collective defence under Article 5 of the North Atlantic Treaty…
“It’s absurd!” Pellet shortages return to Latvia as prices keep rising, minister responds
Latvia’s pellet producers must give priority to meeting domestic demand, Climate and Energy Minister Jānis Vitenbergs said on Wednesday after meeting representatives of…
Latvian President: Russia likes to intimidate, but NATO stands behind us
Russia likes to intimidate countries in the region, but Latvia is backed by the NATO Alliance, Latvian President Edgars Rinkēvičs said during a…
Hundreds to lose jobs as LDz Cargo announces major layoffs
LDz Cargo, the freight subsidiary of Latvian Railways (Latvijas dzelzceļš), plans to lay off 300 employees across Latvia, the company confirmed to LETA….
Will the U.S. reduce its troop presence in Latvia? Defence Ministry responds
There have been no indications in communications with the United States that Washington is preparing to reduce the number of U.S. troops stationed…
Lower taxes, bigger benefits: Latvia’s election promises
Political parties contesting Latvia’s 15th Saeima election have unveiled election platforms packed with costly promises, many of which lack clear funding plans or…
