Latvia to borrow at least three billion euros a year to maintain budget stability
In the next four years, Latvia will need to borrow three billion euros every year, because it will be necessary to refinance the…
Category: Business
Retailers: new requirement on food product origin creates difficulties
The new requirement to clearly state the country of origin of food products creates major difficulties and requires considerable investments to afford, as…
OPINION: rusting infrastructure – how the government’s policy is destroying Ventspils
“The railway leading to Ventspils is rusting away. This is the result of the absolute irresponsibility, ineptitude, lack of organizational talent of the…
Riga loses its leading position in the tourism sector among Baltic capitals
Riga, which was previously the leader among Baltic capital cities when it comes to the number of nights guests to the city spend…
BNN INTERVIEW | Viktors Valainis on Rail Baltica: Is it time to stop the project?
Ilona Bērziņa What will happen now with the Rail Baltica project, which, like a suitcase without a handle, is difficult to carry and…
Consequences of rain and drought: potato harvest and price in Latvia fluctuates
The organisation Zemnieku Saeima (Farmers’ Saeima) notes that the strong storm in late July has affected not only the rapeseed, cereal and pea…
Rail Baltica develops PPP model to reduce burden on Latvia’s budget
Work continues on the development of the public and private partnership (PPP) model for Rail Baltica project. This could speed up the project’s…
Housing market may be in for changes if EURIBOR rates go down
If the European Central Bank (ECB) decides to lower EURIBOR rates, it will increase residents’ range of choice on the housing market, comments…
BNN INTERVIEW | Kulbergs: How conflicts, incompetence and civil service have brought Rail Baltica to the brink of collapse
After the audit report that detailed how the costs of Rail Baltica project have quadrupled, it seemed there would be no more shocking…
