Economist: monthly mortgage loan payments may increase by 10-20% in Latvia
Over the course of the past 12 months consumer prices in Europe have increased at a rate not seen in the previous eight…
Author: Ogres
Saeima member loses mandate due to guilty verdict
Deputy of the Latvian parliament Aldis Adamovičs has lost his mandate due to a guilty verdict, as reported by LTV. The Saeima deputy…
Latvian minister affirms country’s support of Finland’s and Sweden’s NATO membership
This week Minister of Foreign Affairs Edgars Rinkēvičs hosted Finland’s Minister for European Affairs Tytti Tuppurainen in Riga. During their meeting, the two…
Talks about reducing VAT for medicines restart in Latvia
Latvian Ministry of Health proposes reducing VAT to 5% for medicines. To reduce patient fees for healthcare services in Latvia, which are some…
Isamaa – kingmaker in Estonia’s new government building
After Estonian prime minister Kaja Kallas dismissed all ministers of the Centre Party in the Reform Party-Centre Party government, the national conservative Isamaa…
Housing in Lithuania overvalued by 10%, says central bank
In the housing market of Lithuania, prices are exaggerated by ten percent amid a set of crises facing the economy, the Bank of…
Joyride ends abruptly as youngster slams newly-hijacked car into wall in Liepaja
Last week Latvian police detained a youngster suspected of hijacking a car and causing a road traffic accident while drunk. The young man…
Popularity of trips to foreign countries on a rise among Latvians
In 2021 Latvian residents went on 512 thousand overnight trips abroad, which is 18.7% more than a year ago, however, compared to 2019,…
Rīgas Satiksme may remain in charge of paid parking in Latvia’s capital for one more year
Riga City Council has plans to entrust management of paid parking locations in Riga to Rīgas Satiksme for one more year, according to…
