BNN ANALYSES | Lithuania braces for triple loss of markets – in China, Belarus, now in Russia
Linas Jegelevičius for the BNN Things did not look very good before scathing sanctions against Russia, but now, coupled with war in Ukraine,…
Category: Business
Banks in Latvia freeze approximately EUR 11.5 million due to anti-Russian sanctions
In the context of the sanctions imposed by the EU and US Department of the Treasury Office of Foreign Assets Control (OFAC), banks…
Estonia bans access to Russian state media online
In Estonia, the online regulatory body has decided to required Estonian internet providers to restrict access to several Russian media websites, which, according…
Use of official e-address to be mandatory for legal persons in Latvia
Use of official electronic address or e-address will be mandatory for all legal persons in Latvia starting with 1 January 2023. This includes…
Tourist accommodations in Latvia receive twice as many visitors as in 2021
In January 2022 the number of foreign and resident visitors comprised 79.3 thousand, which is 2.1 time more than in January 2021, but…
Latvian Competition Council invites fuel traders to not artificially inflate prices
The Competition Council (KP) urges fuel traders in Latvia to not use the situation with fuel prices and not artificially inflate prices. KP…
Foreign trade turnover in Latvia up 32.9% when compared to 2021
In January 2022 the foreign trade turnover of Latvia amounted to EUR 2.95 billion, which at current prices was 32.9 % larger than…
Consumers in Russia hit by soaring food prices, weakening rouble
After EU and other countries sought to force Russia’s leadership to end its war against Ukraine with crippling sanctions and after international firms…
PM: Europe is committed to completely banning Russian gas and oil
Europe is fully committed to stopping indirectly financing the war waged by Russian President Vladimir Putin’s regime and moving towards a full ban…
