Latvia’s budget deficit planned at 3.3% of GDP next year
The budget deficit for 2023 is planned to be around 3.3% of GDP. The state debt is planned to be 43% of GDP,…
Author: Ogres
Energy-intensive manufacturing companies still able to sign up for state support
On Tuesday, 11 October, Latvia’s Cabinet of Ministers once again passed the support programme for energy-intensive manufacturing companies to help compensate the consequences…
Recent missile attack on Ukraine cost Russia approximately EUR 700 mln
According to Ukrainian Forbes, Russia spent between USD 400 mln. to USD 700 mln. (EUR 412 mln. to EUR 700 mln.) on the…
Latvia’s president asks PM to continue coalition formation talks; round two starts this week
Latvia’s President Egils Levits asked New Unity political party’s leader and Latvia’s Prime Minister Krišjānis Kariņš to continue coalition formation talks for the…
New Unity to meet with three potential coalition partners again
Following the president’s invitation, New Unity political party will continue in-depth government formation talks this week, as confirmed by the party. As previously…
Latvian state budget’s base expenditures planned at EUR 9.818 billion next year
Latvian state budget’s base expenditures are estimated at EUR 9.818 billion for 2023 and EUR 9.307 billion for 2024. On Tuesday, 11 October,…
Economist: inflation will be dictated by future dynamics of gas prices
The main force behind inflation in Latvia remains based in three main groups – housing, food and transport, which compose 18.4% of total…
National Guard officer: Russians shimmy on the edge of an abyss
Sooner or later Russia will declare war on Ukraine, and it is not impossible that the explosion on the Kerch Bridge was a…
September’s expected inflation in Latvia at 22.2%
In September 2022, compared to September 2021, the average level of consumer prices increased by 22.2 %. Compared to September 2021, the average…
