Electricity prices are up in Baltic States, Finland, Sweden and Germany
In Baltic States, as well as countries like Finland, Sweden and Germany, electricity prices increased last month. The average electricity price in May…
Category: Business
Latvian government agrees to permit chopping down young forests
In an attempt to increase wood chips production, Latvia’s government agreed on Tuesday, 21 June, to pass amendments that permit chopping down trees…
Unemployment level goes down in Latvia
In May 2022 actual unemployment rate in Latvia constituted 6.5 % and compared to April it has reduced by 0.3 percentage points. Unemployment…
Lithuania partially shuts down transports of goods by rail to Kaliningrad
On the night to Saturday Lithuanian railway company Lietuvos Geležinkeliai shut down the transit of multiple types of goods to Kalningrad Oblast because…
Women’s wages in Latvia reportedly 14.6% below men’s wages last year
In 2021 the average hourly gross earnings of females were 14.6 % lower than those of males. Compared to the year before the…
Number of vacant jobs in Latvia has yet to reach pre-pandemic levels
In Q1 2022 there were 28.2 thousand job vacancies in Latvia, which is 6.6 thousand vacancies or 30.3 % more than in Q1…
Every third employed person in Latvia is a resident of Riga
At the beginning of 2021 there were 877.1 thousand employed persons in Latvia or 55.2 % of the total population that has reached…
Latvian VID uncover more than 400 attempts to breach sanctions against Russia and Belarus
The State Revenue Service (VID) uncovered more than 400 cases when individuals attempted to breach the sanctions imposed on Russia and Belarus, as…
Latvian government cancels mandatory biofuel mixing for 1.5 years
On Tuesday, 14 June, when approving amendments to Cabinet of Ministers requirements on fuel and diesel fuel compliance evaluation, the government decided to…
