Oil prices reach highest level since 2022
Oil prices continued to rise on Monday amid the war between the United States and Iran, reaching their highest level since 2022, while…
Category: Business
Fuel prices in Latvia rise sharply – minister demands explanation from retailers
The sharp increase in fuel prices in Latvia following the outbreak of war involving Iran is raising questions, Economy Minister Viktors Valainis (ZZS)…
Middle East conflict escalates; airline shares fall
The escalation of the conflict between the United States, Israel and Iran has disrupted flight schedules around the world, and airline shares fell…
Moneyval signal to investors: Latvia is a safe financial environment
Latvia has received international recognition for its ability to effectively combat financial crime and ensure the security of its financial system, the Finanšu…
Latvia’s Central Bank governor outlines concrete steps to double economic growth
Mārtiņš Kazāks, Governor of Latvijas Banka, has outlined specific measures that could raise Latvia’s economic growth rate to 4–5%, effectively doubling its current…
43 million euros jointly: court delivers landmark ruling in the “Krājbanka” case
The Riga Regional Court has upheld the claim of the liquidated joint-stock company Latvijas Krājbanka (“Krājbanka”) against nine former bank officials, ruling that…
Valdis Andersons elected Chairman of the Board of the Freeport of Ventspils
At the first meeting of the Board of the Freeport of Ventspils in 2026, Valdis Andersons was appointed Chairman of the Board. Andersons…
“Amber Latvijas balzams” seeks legal protection – State Revenue Service freezes accounts
The beverage producer AS Amber Latvijas balzams has submitted an application to the Riga City Court seeking the initiation of a legal protection…
Overtime, wages and downtime: why the Labour Law dispute has become critical for Latvia’s economy
A compromise with trade unions on amendments to the Labour Law must be found, and negotiations should not be suspended once again, Latvian…
