Debt rising, deficit growing – latest data on Latvia’s public finances
According to the latest data published by the Central Statistical Bureau, Latvia’s general government budget recorded a deficit of 1.093 billion dollars last…
Category: Business
Fuel retailer: the “solidarity payment” would also be strongly felt by consumers
The so-called “solidarity payment” is a confiscatory instrument aimed at achieving political goals rather than improving public welfare, believes Aleksejs Švedovs, Head of…
Kulbergs: airBaltic cannot continue living on loans
It is not appropriate to grant another loan to the national airline airBaltic until a clear restructuring plan has been developed, said opposition…
EU agrees on steel import restrictions
The European Union agreed on the 13th of April to almost halve steel imports and impose a 50% import tariff on shipments exceeding…
Hundreds of taxi drivers protest against Bolt in Riga – demand limits on monopoly
On Monday, several hundred taxi drivers in Riga took part in a protest drive against the policies implemented by Bolt, the LETA news…
Economy Minister: Latvia must regain its leading position among Baltic ports
Latvia must regain its leading position among Baltic ports, Economy Minister Viktors Valainis (ZZS) emphasised on Thursday at a meeting of the Latvian…
Fuel retailers versus the Latvian government: dispute over windfall tax intensifies
A windfall tax will motivate fuel retailers to reduce prices as quickly as possible, Economy Minister Viktors Valainis (ZZS) said on Tuesday in…
“airBaltic” seeks short-term state loan
The Latvian government is set to review a request from national airline airBaltic for a short-term loan, the Ministry of Transport (SM) has…
BNN IN FOCUS | Scandal after scandal: why million-euro IT projects in Latvia fail
Last week, it became known about fraud in information technology procurements worth 1.5 million euros, as well as the decision that votes in…
