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Category: Business

Residents in Latvia take fewer but larger mortgage loans and for longer terms

19.01.2023 Ogres

While in 2021 the number of issued mortgage loans had returned to the pre-pandemic level, the number of such loans issued last year…

BNN ANALYSES: Vilnius says that Beijing is softening its stance

19.01.202319.01.2023 Ogres

Linas Jegelevičius Lithuanian President Gitanas Nausėda after his meeting with World Trade Organization’s Director-General Ngozi Okonjo-Iweala said that China is «softening its stance»….

Investor accuses SPRK of undermining US-Latvian investment agreement

18.01.2023 Ogres

US investor company Providence Equity Partners, as reported by its representative Una Ahuna-Ozola, has sent an official letter to Prime Minister Krišjānis Kariņš,…

Latvian enterprises’ interest for online business going down

16.01.2023 Ogres

Geopolitical tension and the rapid price growth observed in 2022 have reduced the preparedness of Latvian entrepreneurs to create and develop online business….

Ministry to work on legal details and will wait for Constitutional Court’s ruling before pushing sea port reform

13.01.2023 Ogres

To progress with the sea port reform, officials have started working on legal topics. It is also planned to wait for the ruling…

Europe maintains fine on Lithuania for removing Mažeikiai-Reņģe railway section

13.01.2023 Ogres

The Court of Justice of the European Union reports the decision was made to maintain in force the verdict with which Lithuanian state…

Celebrating too early? Experts comment on inflation decline outlooks in Latvia

12.01.202312.01.2023 Ogres

The report from the Central Statistical Bureau of Latvia published on Wednesday, the 11th of January, mentioned the following: in December 2022 the…

December’s consumer price level in Latvia up by 20.8%

11.01.202311.01.2023 Ogres

The latest data of the Central Statistical Bureau show that in December 2022, compared to December 2021, the average level of consumer prices* increased by…

Latvian government approves LIAA’s business digitisation programme

10.01.2023 Ogres

Latvia’s Ministry of Economy reports that on Tuesday, the 10th of January, approved the ministry’s developed Recovery Fund’s support programme for entrepreneurs that…

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