Latvian Saeima agrees to acquire airBaltic bonds
The Latvian parliament has agreed to allow the state to acquire airBaltic airline’s bonds. The Saeima agreed with the request from Minister of…
Category: Business
Estonia’s GDP contracted by 2.1% in Q1
According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the first quarter of 2024. The…
DIO announces increase of plastic packaging deposit fee
Starting with the 1st of June 2024 it is planned to increase the deposit fee for plastic packaging for beverage manufacturers, according to…
In 2023, Estonia’s exports per capita were below the EU average
In 2023, Estonia’s exports of goods amounted to 18.2 billion euros and imports to 21.2 billion euros at current prices. Exports decreased by…
Latvia behind Estonia and Lithuania capital market development-wise, INVL says
When it comes to capital market development, Latvia is approximately five years behind Estonia and Lithuania, as LETA was told by “INVL Asset…
Rise in construction prices in Estonia in 1Q was held back by lower costs for materials and machinery
According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of…
Association: ban on fur farming requires a fair compensation mechanism
The ban on fur farming requires a fair compensation mechanism, says Sandra Vilciņa, Executive Director of the Animal Breeders Association of Latvia (LZA)….
Summer sowing areas in Latvia to be larger than last year’s, farmers say
In 2024 summer sowing areas in Latvia will be larger than last year, says chairman of Farmers’ Parliament (ZSA) Juris Lazdiņš. He explained…
Grindeks: medicines’ final prices is decided by manufacturers, distributors and pharmacies
The manufacturer is not the only one responsible for the final price of medicines. Distributors and pharmacies are equally important, said representatives of…
