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Category: Business

Saeima deputy: money still doesn’t smell in Latvian-Russian relations

26.06.2023 Ogres

Last year Latvia was one of the few EU member states that had actually increased their import/export volumes with Russia, said Saeima deputy…

Week in Lithuania: authority blocks IP addresses used for Russian channels; ruling block updates coalition pact

24.06.202324.06.2023 Ogres

In his speech, the President called for continued support for Ukraine, while the Seimas approved the tax reform package and decided that the…

Saeima deputy: there is no clear justification for the growing food prices

21.06.2023 Ogres

Currently manufacturers and stores do not offer any clear justification for the continued growth of food prices, said chairman of Saeima’s Parliamentary Inquiry…

Tire producer Pirelli blocks China’s influence

19.06.202319.06.2023 Ogres

Italy has decided to block the efforts of a Chinese state-owned company to take control of the well-known tire manufacturer Pirelli, the BBC…

Bank of Latvia upgrades GDP growth outlook to 1.2% for 2023

19.06.2023 Ogres

The Bank of Latvia has upgraded the country’s gross domestic product (GDP) growth outlook for 2023 from the previously predicted 0.5% to 1.2%,…

Week in Lithuania: Seimas fall session to start with no-confidence vote; faster power grid synchronization approved

17.06.202317.06.2023 Ogres

In Lithuania, the Speaker of the Seimas has turned to the Ethics Commission in connection with the MP’s statements about Jews, while the…

Saeima wants energy producers to invest their excess revenues in green processes

16.06.202316.06.2023 Ogres

Electricity producers will have to invest the extra profit from December and the first half of this year in their own or an…

Latvia is close to declaring an emergency situation in farming

16.06.2023 Ogres

Latvia is close to declaring an emergency situation in farming, Minister of Agriculture Didzis Šmits (Combined List) said in an interview with Latvijas…

Week in Lithuania: Seimas votes down a snap election; doesn’t allow artificial insemination for unmarried couples

10.06.202310.06.2023 Ogres

Seimas worked hard this week and made several important decisions, and the businesses were busy as well. B2B payments provider Hokodo picks Vilnius…

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