Latvian government conceptually agrees on 50% discount for mortgage loan interest rates
On Tuesday, the 3rd of October, Saeima’s Budget and Finance Committee conceptually agreed on a 50% discount for mortgage loan interest rates for…
Category: Business
Estonian residents are travelling more and more
According to Statistics Estonia’s Tourism Survey, Estonian residents made more trips in the first half of 2023 than in the same period of…
Bank lobby says Budget Committee chairman’s words destroy Latvia’s reputation
The public statements from Latvian Saeima Budget and Finance Committee chairman Jānis Reirs ruin the reputation of Latvia’s financial system and the state…
Latvian PM wants to support more households with mortgage loans
Support to compensate the rapid growth of mortgage loan payments should be provided to all households, said Latvian Prime Minister Evika Siliņa in…
Saeima committee for budget supports protection measures for mortgage loan recipients
On Wednesday, the 4th of October, the Saeima Budget and Finance Committee supported amendments for the protection of mortgage loan takers in the…
Lending activity in Latvia has shrunk more than three times, Bank of Latvia reports
Lending activity relative to the size of the economy in Latvia has gone down more than three times after the global financial crisis,…
Latvian residents’ deposits in state bonds exceed EUR 200 million
Latvian State Treasury’s office reports that on Wednesday, the 4th of October, the volume of Latvian residents’ deposit volume in bonds issued by…
Budget Committee’s decision on mortgage loans is risky, Bank of Latvia expert warns
The decision by the Saeima Budget and Finance Committee to support amendments to the law and provide a 50% discount on consolidated interest…
Latvian ruling coalition to support only local fruit and vegetable producers
The government coalition has agreed to support only local fruit and vegetable producers instead of the entire range of producers, said Latvian Prime…
