Latvia declares energy crisis in supplies of petroleum products
An energy crisis in supplies of petroleum products is declared in Latvia until 31 December 2022, according to the order of the Cabinet…
Category: Business
BNN ANALYSES | Ukraine’s bombing and shelling lead to Westerners’ holiday cancellations in Lithuania
Linas Jegelevičius for the BNN War in Ukraine is reverberating across the world, echoing in Lithuania too. Unfortunately, horrific photos and videos from…
Estonia not seeing less cargo trucks from Russia after sanctions
On the Estonian-Russian border, there has not been a significant drop in the flow of goods across the border in the first days…
Ruling coalition conceptually agree to build a liquefied gas terminal in Latvia
Political parties forming the government have conceptually agreed to initiate construction of liquefied gas terminal (LNG) in Latvia, said Prime Minister Krišjānis Kariņš…
Everything is so expensive now. Inflation in Latvia – 11.5%
The latest data of the Central Statistical Bureau show that in March 2022, compared to March 2021, the average level of consumer prices…
Electricity price in Latvia up 59.7% in March
The average electricity price in Latvia’s commercial region increased to 167.22 EUR/MWh in March, which is 59.7% more when compared to February. Compared…
Estonia seeking to cut imports of Russian gas in months
The Estonian Minister of Economic Affairs and Infrastructure Taavi Aas has said that the liquidified natural gas (LNG) terminal in Estonia is planned…
Latvia freezes House of Moscow assets, which receives money from Russian oligarch’s bank
The Ministry of Justice has decided to freeze assets held by the House of Moscow in Riga, as confirmed by minister Jānis Bordāns…
Bank of Latvia earnings in 2021 reach EUR 20.908 million
In 2021 the earnings of the Bank of Latvia reached EUR 20.908 million, which is 21.5% less when compared to 2020, as reported…
