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…
Author: Ogres
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…
Day 103 of war in Ukraine: Russian Major General «denazified», Ukrainian’s retake part of Severodonetsk, Balkans snub Lavrov
On Monday, June 6, Russian Foreign Minister Sergei Lavrov planned to visit Serbia, but the visit will not take place as three countries…
New commercial park’s development in Riga to receive up to EUR 40 million of investments
VPH real estate developer has commenced construction of a new commercial park within the territory of Riga Milk Production Plant in Riga, Valmieras…
Latvia shuts down broadcasts of all Russia-based television channels
In accordance with law amendments, Latvian National Electronic Mass Media Council (NEPLP) has decided to shut down broadcasts of all 80 remaining Russia-based…
Majority of Latvian residents’ shopping habits impacted by food price rise
The food price rise observed in recent months has affected 85% of Latvian residents’ food-purchasing habits. Only 13% of residents say their food-purchasing…
European Commission reports Latvia’s economy took covid crisis better than expected
Latvia’s economy has done well to weather the crisis caused by Covid-19. However, Russia’s invasion of Ukraine has worsened recovery perspectives, as mentioned…
