Gas supplies may remain constrained until 2027, IEA warns
Liquefied natural gas (LNG) supplies are likely to remain constrained until the end of 2027 due to disruptions and infrastructure damage caused by…
Category: Business
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…
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…
