Latvian government to divide budget and borrow money to spend on support activities
If budget distribution does not prove enough to support residents and compensate inflation growth, the state may borrow money from foreign exchange markets,…
Author: Ogres
BNN ASKS | Economists: inflation in Latvia is already ahead of wage rise
«The effect on households will be negative – inflation is currently the biggest challenge for the economy because prices are up for goods…
Ukraine loses up to 1 000 troops every day
These past two weeks Ukraine has been losing up to 1 000 troops daily to injuries and death, as Ukraine’s Verkhovna Rada representative…
Every third employed person in Latvia is a resident of Riga
At the beginning of 2021 there were 877.1 thousand employed persons in Latvia or 55.2 % of the total population that has reached…
Members of Russian State Duma consider withdrawal of recognition of independence of Baltic States and Ukraine
Russia may withdraw its recognition of independence of Ukraine and Baltic States, said member of Russian State Duma Yevgeniy Fedorov on Tuesday, 14…
Housing availability in Baltic States high, but future outlook not very optimistic
At the beginning of the year housing availability index in Baltic States started limping. The shocks caused by the war in Ukraine have…
Tallinn installs street signs informing residents of bomb shelters
On Monday, 13 June, Tallinn installed the first street signs, informing residents of the closest public bomb shelters, as reported by ERR. The…
Foreign policy expert: if Ukraine doesn’t receive necessary artillery and missiles, it will bleed out
Supplies of heavy arms play the decisive role. Simply put – if Ukraine doesn’t receive necessary support in the form of artillery and…
CSB reports increasing numbers of tourists visiting Latvia
In April 2022 the number of foreign and resident visitors comprised 145 thousand, which is 2.8 times more than in April 2021. As…
