Latvian goods often applied with bigger price markup than foreign goods
In regards to the situation in the food sector and growing retail prices, Latvian Competition Council (KP) has concluded the second part of…
Category: Business
Week in Lithuania | Seimas okays proposed conscription reform, strips MP Grazulis of his mandate
Last week, CB revised up 2023 GDP forecast, cuts 2024 growth projection; Girteka Group’s companies announced of layoff of more than 100 employees….
Latvian Stevedoring Company Association: transit is not import
“If we look at the east, we have to look past Russia’s borders. The east doesn’t begin and end with Russia. The Central…
Latvian stevedores urge government to not stop transit of grains
Latvian Stevedoring Company Association invites the government to not use sanctions on transit of grain from Russia to sabotage the country’s economy and…
Signet Bank completes LPB Bank acquisition deal
Signet Bank has completed its LPB Bank acquisition deal, as confirmed by the bank’s representatives. The bank notes that after receiving permission from…
Estonia: exports to Latvia, the Netherlands and the USA fell the most in October
According to Statistics Estonia, in October, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.8 billion euros. Compared with October…
Week in Lihuania | Lithuanian President will seek re-election in 2024; parliament approves 2024 budget
Last week, Lithuania’s straw garden binding tradition was added to UNESCO list; intelligence body’s whistleblower revealed his identity Lithuania reports 1175 new COVID-19…
BNN ANALYSES | Lithuania’s average salary at 1 235 euros in third quarter, but many shrug it off: “No way!”
Linas Jegelevičius Sodra, Lithuania’s state social insurance fund, has announced that the average salary of fully employed persons in the third quarter of…
Average electricity price on a rise in Latvia
Last week the average electricity price in Latvia went up by 18% and was 147.88 EUR/MWh, as reported by Latvenergo representatives. Last week…
