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Author: Ogres

airBaltic to lease aircraft to Lufthansa Group for a period of three years

13.09.202402.10.2024 Ogres

Latvian national airBaltic airline will expand cooperation with German Lufthansa Group in the next three years by leasing its aircraft to this group,…

ECB interest rate reduction leads to soaring stock prices on European stock markets

13.09.202403.10.2024 Ogres

After the decision by the European Central Bank (ECB) to lower interest rates, European exchanges observed a surge in share prices. Wall Street…

Cyclone to bring about clouds and rain in Latvia; air temperature to remain over +20° C

12.09.202401.10.2024 Ogres

For the remainder of the week, weather in Latvia will be dictated by a cyclone. The sky will be cloudy and some rain…

Vehicles registered in Belarus will not be allowed in Latvia

12.09.202401.10.2024 Ogres

On the 12th of September, the Latvian Saeima passed in the final reading amendments to the Road Traffic Law, banning  vehicles registered in Belarus from…

Is airBaltic in its potential investor’s hands already? International airline plans to acquire shares

10.09.202404.10.2024 Ogres

German national Lufthansa airline is considering acquiring shares of Latvian national airBaltic airline before the planned initial public offering (IPO), as reported by…

Latvia to borrow at least three billion euros a year to maintain budget stability

10.09.202405.10.2024 Ogres

In the next four years, Latvia will need to borrow three billion euros every year, because it will be necessary to refinance the…

Latvian authorities confirm Shahed-type drone in Rezekne

09.09.202401.10.2024 Ogres

The Russian drone that crashed in Latvia’s Rezekne Country’s Gaigalava Parish was a Shahed-type drone armed with explosives, as announced by the Latvian…

Retailers: new requirement on food product origin creates difficulties

09.09.202405.10.2024 Ogres

The new requirement to clearly state the country of origin of food products creates major difficulties and requires considerable investments to afford, as…

OPINION: rusting infrastructure – how the government’s policy is destroying Ventspils

05.09.202406.10.2024 Ogres

“The railway leading to Ventspils is rusting away. This is the result of the absolute irresponsibility, ineptitude, lack of organizational talent of the…

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