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Category: Business

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…

Week in Lithuania: Endorses plans to establish special agency for migrants; protest staged outside Russian Embassy

03.06.202303.06.2023 Ogres

Parliament speaker asks to increase NATO’s presence Viktorija Čmilytė-Nielsen, Speaker of the Seimas of Lithuania, has asked to increase military presence of the…

World Ice Hockey Championship estimated to have brought EUR 44 million to Latvia’s economy

01.06.2023 Ogres

Provisional estimates indicate that the organisation of the World Ice Hockey Championship in Riga has brought Latvia’s economy an additional EUR 44 million,…

Latvia’s gross domestic product increases by 0.8%

31.05.2023 Ogres

Compared to Q1 2022, gross domestic product (GDP) rose by 0.8 %, according to seasonally and calendar non-adjusted data at constant prices in…

Latvian ministers hope to “defeat grey businesses” using different means

30.05.2023 Ogres

On Tuesday, the 30th of May, a conference dedicated to the problem of grey economy happened in Latvia. Minister of Finance Arvils Ašeradens…

Unemployment in Latvia down to record-low level

25.05.2023 Ogres

“The labour market brings the economy closer to many big and small moment of truth. We will soon snow how well various sectors…

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