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…
Category: Business
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…
“The biggest mistake would be austerity” – MP on Latvia’s economy and the crisis
Latvia should not begin implementing austerity measures in response to the impact of the war involving Iran, as this would be a misguided…
Biofuel and fuel prices in Latvia: ministry explains the impact
In the current market situation, abolishing the biofuel blending requirement alone would not guarantee a reduction in fuel prices, the Ministry of Climate…
