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Category: Business

Week in Lithuania | Seimas sets up panel on lifting anti-LGBTIQ MP Grazulis’ immunity, Foreign Minister urges EU to speed up ammo deliveries to Ukraine

15.11.202315.11.2023 Ogres

Last week, Lithuania asked EC for two-year tax target delay; court accepted celebrity skater’s appeal Lithuanian president hesitant on EU budget review deal…

Latvia’s GDP down 0.1% in Q3 2023; Estonia’s GDP down 2.5%

15.11.2023 Ogres

The Central Statistical Bureau of Latvia reports that in Q3 2023, as compared to the same period of 2022, Latvia’s GDP went down…

Latvian PM promises reduced VAT for fruits and vegetables

15.11.2023 Ogres

Next year it is planned to apply a reduced – 12% – VAT rate for fresh fruits and vegetables. The ruling coalition agreed…

Conexus service tariff to grow by 37.3% in December

15.11.2023 Ogres

Unified natural gas distribution and storage operator Conexus Baltic Grid (Conexus) gas distribution system service tariff will grow by 37.3% starting with December,…

Latvian Liepājas autobusu parks company agrees to pay fine for cartel involvement

15.11.2023 Ogres

Competition Council (KP) media representative Zane Gorškova reports that the council and Liepājas autobusu parks (LAP) public transport company signed an agreement to…

Latvian company punished for attempt to breach sanctions

15.11.2023 Ogres

Since August 2023 Latvian prosecution office has presented fines to two businesses in criminal cases regarding the breach of international sanctions imposed on…

Tidying up Riga Central Market will cost several dozen million euros

14.11.2023 Ogres

In order to tidy up and reorganise Riga Central Market funding will reach several dozen million euros. A more specific amount will be…

Estonian Climate Ministry provides funding for Tartu – Riga train route

14.11.2023 Ogres

Next year a direct train route will be established between Estonian student town of Tartu and Latvia’s capital city. Latvia’s northern neighbour’s Climate…

Latvian state to support mortgage loan takers whose payments exceed 20% of income

14.11.2023 Ogres

The state could provide support to mortgage loan takers whose payments exceed 20% of their income. However, this support would not apply to…

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