“The biggest mistake would be austerity” – MP on Latvia’s economy and the crisis
Latvia should not begin implementing austerity measures in response to the impact of the war involving Iran, as this would be a misguided…
Category: Business
Biofuel and fuel prices in Latvia: ministry explains the impact
In the current market situation, abolishing the biofuel blending requirement alone would not guarantee a reduction in fuel prices, the Ministry of Climate…
Riga Airport’s dominance in the Baltics is no longer so self-evident
The structure of the Baltic aviation market is gradually changing, and Lithuania is increasingly trying to strengthen its role within it, Andris Kalniņš,…
Latvian dairy sector: too much imported milk in stores
The share of locally produced milk in stores in Latvia has not significantly increased since the signing of the food price memorandum last…
Farmers warn Middle East conflict could drive up fertilizer and food prices
The conflict in the Middle East could push up fertilizer prices and create additional risks for global supply chains, which in turn may…
Oil prices reach highest level since 2022
Oil prices continued to rise on Monday amid the war between the United States and Iran, reaching their highest level since 2022, while…
Fuel prices in Latvia rise sharply – minister demands explanation from retailers
The sharp increase in fuel prices in Latvia following the outbreak of war involving Iran is raising questions, Economy Minister Viktors Valainis (ZZS)…
Middle East conflict escalates; airline shares fall
The escalation of the conflict between the United States, Israel and Iran has disrupted flight schedules around the world, and airline shares fell…
Moneyval signal to investors: Latvia is a safe financial environment
Latvia has received international recognition for its ability to effectively combat financial crime and ensure the security of its financial system, the Finanšu…
