Import and export volumes between Russia and Latvia is up despite sanctions
In September 2022 Latvia’s foreign trade turnover reached EUR 4.61 billion. This is 34.2 % more at current prices when compared with a…
Category: Business
Latvian Stevedoring Company Association wants a competent and professional Ministry of Transport
Latvian Stevedoring Company Association (LSA) wants to see a competent and professional minister in charge of the country’s Ministry of Transport. The candidate…
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…
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…
