Meta plans major layoffs
On 9 November, Meta Platforms Inc. shared that they will be laying off 13% of their workforce (approximately 11 000 workers). It follows…
Category: Business
Latvian Employers’ Confederation invites president not to proclaim law on increase of minimal wages
Latvian Employers’ Confederation (LDDK) has invited President Egils Levits to not proclaim Saeima’s approved legislative draft to the Labour Law that would provide…
Expert: Scholz’ Beijing visit splits Europe
German Chancellor Olaf Scholz’s one-day visit to Beijing yielded nothing, as no trade agreements were signed or major international deals cut, writes ERR…
Estonia promotes use of electric cars and zero emissions policy
Estonia’s Ministry of the Environment will soon present an initiative that will make electric cars more attractive and promote zero emissions policy. Experts…
Riga Circus plans partial reopening in December
The original building of Riga Circus located on Merķeļa Street 4 has been restored and is ready to be used. NRJA architects bureau…
Bank of Latvia warns the risk of rooted inflation is very high
The risk of inflation becoming rooted is very high, said Bank of Latvia governor Mārtiņš Kazāks in an interview to TV3 programme 900…
Inflation in Estonia reaches 22.4% in October
In October 2022 inflation in Estonia reached 22.4%, which is a slight drop when compared to the previous month, as reported by Estonian…
What is the wage youngsters in Latvia want to have to afford a «normal life»?
91% of Latvian residents aged 18 to 39 years say that for a decent life in Latvia they need more than EUR 1…
Sales of vehicles with internal combustion engines to cease in Europe in 2035
On Thursday, 27 October, the European Parliament and European Union member states reached an agreement that provides for the cessation of sales of…
