New data reveals shift in Latvian banks’ profits despite strong lending and deposit growth
Latvia’s monetary financial institutions (MFIs), primarily banks, earned a combined profit of 181.2 million euros during the first six months of 2026, down…
Author: Ogres
Germany against sick leave: fighting symptoms, not the disease
Researchers have suggested that Germany’s plans to tighten the conditions for issuing sick leaves may be confusing a symptom – regular absence due…
Lithuanian border guards discover tunnel from Belarus
The Lithuanian Border Guard has announced that a tunnel leading from Belarus to Lithuania has been discovered, and it was most likely prepared…
Forecasters name the hottest day of the week in Latvia as temperatures set to top 25°C
Friday is expected to be the hottest day of the week in Latvia, with temperatures forecast to exceed +25°C across almost the entire…
Lithuania’s new government promises tougher approach to migration
Lithuania’s new government has signaled it will take a tougher approach to migration, with President Gitanas Nausėda proposing stricter conditions for workers from…
Latvia extends major ICT procurement freeze as government pushes for tighter oversight
Latvia will maintain its moratorium on large public-sector information and communications technology (ICT) procurements until a single authority is placed in charge of…
Latvia’s central bank reveals what’s happening with loans and deposits as lending continues to grow
Lending in Latvia continued to expand during the first half of 2026, despite rising financial market interest rates and geopolitical uncertainty, according to…
Fires rage in France, Spain; flames also approach Bordeaux
Large forest fires in France have approached the historic city of Bordeaux, located in the heart of the country’s wine region, and hundreds…
Three drones shot down in three days – Romania accuses Russia of violations
On the 26th of July, a Romanian fighter jet shot down a drone that had violated the country’s airspace, the third in just…
