Latvian Ministry of Transport to divert half of its budget towards roads in 2023
The Ministry of Transport reports that in 2023 it plans to divert EUR 341.9 million or 46% of its total available funding is…
Category: Business
Credit Suisse reports borrowing; concerns grow in the financial market
Swiss bank Credit Suisse has said it will borrow up to 54 billion dollars from the Swiss central bank to boost investor confidence…
European Commission suggests reforming EU’s electricity market model
On Tuesday, the 14th of March, the European Commission (EC) proposed reforming the European Union’s electricity market model, as noted by EC’s press…
OPINION | Kazakhstan’s importance on a rise for global and Latvian economy
Ilona Bērziņa, BNN The visit of US Secretary of State Antony Blinken to Kazakhstan was a clear and unambiguous signal of further strengthening…
Only 30% of used cars in Latvia come from Germany
Although Germany is the source of most used cars in Europe, the situation does differ from place to place. Motor industry-related data company…
Latvia forced to pay enormous fines for non-recycled plastic
It turns out that for two years now Latvia has been paying the European Union enormous amounts for non-recycled plastic, as reported by…
Latvia planning alternative transit corridor with Central Asia
Ministry of Transport reports: to promote Latvia’s transit and logistics sector’s cooperation with the Central Asian region, a representative of the ministry agreed…
Lithuanian Ministry of Finance suggests imposing solidarity fee for banks to be used by defence sector
Because the overall profits of Lithuanian banks are expected to reach approximately one billion euros, Lithuania Ministry of Finance proposes imposing a temporary…
Latvian State Audit’s report shows State Real Estate is an «inefficient» institution
In the audit performed at Latvian state company State Real Estate (VNI), State Audit (VK) uncovered numerous major problem with policy-making and property…
