OPINION | Europe starts battling inflation, but no quick victory should be expected
Citadele Bank’s opinion This week the European Central bank (ECB) made a historic decision – the base interest rates were increased in the…
Author: Ogres
Ukraine and Russia to sign agreement on safe grain transports
On Friday, 22 July, Ukraine and Russia will sign an agreement in Turkey on the safe transports of grain in the Black Sea…
Italian parliament dissolved; snap elections to happen soon
After signing Prime Minister Mario Draghi’s letter of resignation on Thursday, 21 July, Italy’s President Serio Mattarella signed the decree on the dissolution…
Peak in electricity prices observed in Latvia on 21 July
According to information from Nord Pool, this evening, 21 July, electricity prices in Latvia will reach their all-time peak. Average price of electricity…
LVC warns of slower road traffic in Latvia this weekend
This Friday, 22 July, as well as Saturday and Sunday road traffic will slow down in Latvia, as reported by state company Latvian…
European Central Bank raises interest rate for the first time in 11 years
On Thursday, 21 July, the European Central Bank (ECB) raised the base interest rate, making it the first time in the last 11…
Survey: every sixth Latvian resident has received a raise thanks to price rise compensation
As a result of efforts to compensate the rapidly growing everyday expenses, 16% of Latvian residents have received a raise. Most of those…
Lavrov warns Russian forces will go even further
Russian armed forces in Ukraine are no longer focused on «solely» on the neighbouring country’s eastern territories, because supplies of western arms have…
ATD director says Latvia’s public transport fare policy needs overhauling
The public transport fare tariff policy needs overhauling. However, when working on it, it is important to keep in mind residents’ purchasing power…
