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…
Category: Business
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…
Estonia nearing its 5G frequency auction
Four telecoms’ firms have applied to take part in Estonia’s auction of the frequency licences for fifth-generation mobile communications (5G), Estonian public broadcaster…
Latvia plans to cease using Russian natural gas
The ruling coalition in Latvia is in agreement that the country should shut down supplies of natural gas from Russia, said Latvian PM…
Lithuania announces end to natural gas imports from Russia
Lithuania has ended importing natural gas from Russia, the Lithuanian Energy Ministry has stated and evaluated that the Baltic country has become the…
Week in Lithuania: Grants to Ukrainian culture workers, Russia expels Lithuanian diplomats
Last week, Lithuania applied to open trade representative office in Taiwan, Russia expelled four Lithuanian diplomats and Lithuania will offer grants to cultural…
