Electricity tariffs may more than quadruple in Latvia, system operator warns
The tariffs of Latvian power transmission system operator Augstsprieguma tīkls JSC (AST) may increase 4.3 to 4.9 times starting with 1 March 2023,…
Category: Business
Producer price level in Latvia up 33.1% over the course of the year
Compared to September 2021, level of producer prices in Latvian industry rose by 33.1 % in September 2022. The level of prices of…
In two weeks diesel fuel price in Latvia up by average of 16 cents
Last week the price of 95 petrol in Latvia increased by 3.9%, whereas the average price of diesel fuel increased by 6%, according…
Electricity consumption in Latvia drops to five-year minimum; price remains high
In September there was a significant drop in consumption of electricity, reaching the lowest point since June 2017. A total of 531 379…
Investigation of possible EU fund fraud leads authorities to Līvāni mayor’s private property
During the investigation of possible fraud involving EU funds worth EUR 1.8 million a search was performed at private property owned by Līvāni…
September’s inflation in Latvia third highest in EU and Eurozone
In September 2022 annual inflation in Latvia was higher than average in the European Union and Eurozone, according to data published by Eurostat….
Slight drop in gas prices does not mean they will remain low this winter, experts say
The recently observed rapid drop of gas prices on the exchange does not mean prices will continue dropping and will remain low this…
Latvian State Police report possible involvement of VID in so-called Koknese cocaine case
Officials from the State Revenue Service (VID) may have been involved in the biggest drug trafficking case in Latvia’s history. In October 2022…
Several dozen LNG tankers stuck near Spanish coast, waiting for permission to dock and unload gas
There are several dozen tankers loaded with liquefied natural gas (LNG) are waiting near the Spanish coast for permission to unload their cargo….
