Does inflation still play a significant role for unjustified price surges?
TV3 programme Nekā personīga publishes thoughts on this topic from Latvian economists, as well as the measures taken by the Competition Council to…
Category: Business
Amendments to Law on Ports to include municipalities in their management
To continue the sea port reform and improve the involvement of municipalities in sea port management, Latvia’s Ministry of Transport has developed and…
Russia takes over the assets of foreign companies
Russia has announced that it is temporarily taking control of the assets of Finnish energy group Fortum and German company Uniper, writes Reuters….
Tallink Grupp prepares for lay-offs in Estonia and Latvia
Ferry traffic company Tallink Grupp has informed trade unions and unemployment insurance institutions in Estonia and Latvia about plans for collective lay-offs. These…
First two solar parks in Latvia to be completed by the end of 2023
Latvenergo JSC plans to complete and make operational the first two solar panel parks in Latvia by the end of the year, as…
Latvia will soon experience severe shortage of specialists with vocational education
“How to achieve Latvia’s sustainable growth and promote growth of welfare?”, as the country’s Ministry of Economics rhetorically asks in its media release…
Week in Lithuania: Parliament overrides veto on sanctions; technical glitch stops the work of Seimas
Linas Jegelevičius This week in Lithuania, the government experienced various events – the parliament managed to vote on the cancellation of the president’s…
Businesses in Latvia pay EUR 9.86 billion in taxes in 2022
Last year businesses in Latvia paid to the general state budget a total of EUR 9.86 billion in taxes. This includes EUR 3.29…
Saeima committee insists on “doubling” share of Latvian products in stores
“Our objective is making sure locally made goods are available on shelves of local chain stores,” said chairperson of Saeima’s Economic, Agricultural, Environmental…
