Banks downgrade Latvia’s GDP growth outlook for 2023
SEB Bank has published the latest Nordic Outlook. It indicates that commercial banks have downgraded Latvia’s gross domestic product (GDP) growth rate forecast…
Author: Ogres
TELF AG demands retraction of defamatory statements based on fake news
Fake news has appeared in some of Latvian media that accuses Swiss company TELF AG of non-existent illegalities. The defamatory statements contained very…
Latvia’s budget deficit in Q3 below average in European Union
In Q3 2022 Latvia’s general government budget deficit in proportion to the gross domestic product (GDP) was below the average in the European…
Maxima tragedy appeal case viewing ends with Sergets declared guilty again
On Tuesday, the 24th of January, Riga Regional Court viewed the so-called Zolitude tragedy criminal case in appeal order. In the end the…
Economist: Too loose subsidy rules are dangerous
Economist and former European Union Commissioner Mario Monti warned that providing support that is too easy to obtain can be dangerous and have…
Latvian healthcare representatives suggest limiting exports of medicines
The head of Jelgava Polyclinic LLC Kintija Barloti has publicly turned to Latvia’s Ministry of Health, warning of the consequences of the deficit…
Several high-ranking officials in Ukraine have resigned
While Russia has been waging an aggressive war for 11 months already, several officials have resigned in Ukraine under suspicion of corruption, writes…
Saeima speaker says Latvia may employ Kyiv Digital civil protection system
It is possible Latvia may use Ukrainian-made digital civil protection system, which has already received international recognition, said 14th Saeima speaker Edvards Smiltēns…
Latvian government prepares sea port reform term extension
There are plans to extend until the end of 2023 the term for the liquidation of the authorities of Riga and Ventspils freeports…
