Ministry to work on legal details and will wait for Constitutional Court’s ruling before pushing sea port reform
To progress with the sea port reform, officials have started working on legal topics. It is also planned to wait for the ruling…
Category: Business
Europe maintains fine on Lithuania for removing Mažeikiai-Reņģe railway section
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
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%
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
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…
The difference in interest rates for loans and savings is criticized in Lithuania
Banks are already demanding higher interest rates for loans, but are not in a hurry to raise them for savings, and Lithuanian financial…
Number of light-weight vehicles in Latvia up 13.3% in 2022
Last year 19 114 light-weight vehicles were sold in Latvia, which is 13.3% more when compared with 2021, according to information from the…
Neste predicts fuel price stabilisation this year
This year fuel prices should stabilise. Fuel consumption should stabilise around the level of 2022, says Neste Latvija LLC board chairman Armands Beiziķis….
airBaltic prepares for expansion after covid and geopolitical challenges
Latvian national airBaltic airline reports that in efforts to continue expansion and thanks to the gradual recovery of the aviation industry the airline…
