Latvia has taken a significant step towards expanding its defence industry after Economics Minister Viktors Valainis signed a memorandum of understanding on the…
Opinion article Every year, Latvia hears the same message: the state is short of money. There is not enough funding for healthcare, defence,…
Renewed tensions between the United States and Iran have once again raised concerns about a broader conflict in the Middle East, sending oil…
Hungary’s OTP Bank is set to enter the Baltic banking market through the acquisition of Luminor Bank, according to a statement published on…
Latvian Prime Minister Andris Kulbergs (United List) says he is still not convinced that the planned buyout of shares in Latvijas mobilais telefons…
Latvijas valsts meži (LVM), Latvia’s state-owned forest management company, has completed its largest land acquisition to date, purchasing nearly 5,000 hectares of productive…
The Latvian government is holding advanced negotiations with 23 potential investors over participation in the planned acquisition of LMT (Latvijas Mobilais Telefons) and…
International credit rating agency Fitch Ratings has placed both Latvia’s national airline airBaltic and its secured bonds on Negative Rating Watch, according to…
Latvia’s pellet producers must give priority to meeting domestic demand, Climate and Energy Minister Jānis Vitenbergs said on Wednesday after meeting representatives of…
