Latvia’s state budget suffers deficit worth one billion euros
In 11 months of 2021 the deficit of Latvia’s state consolidated budget was EUR 1.03 billion, which is EUR 490.5 million more when…
Category: Business
Estonian government to decide on building new power stations in energy crisis
Amid soaring power prices in the region, the Estonian government will look into a plan by the Estonian Ministry of Economy and Communication…
Latvian mobile communications operators pay a pretty penny for 5G frequency rights
Three Latvian mobile network operators will pay EUR 13.273 million for the rights to use 700 MHz frequency range for their respective 5G…
Week in Lithuania: Seimas increases taxes for lotteries, gambling; inflation estimate goes up
Last week, the top news stories in Lithuania were the tax increase for lotteries and gambling businesses, the Bank of Lithuania increasing its…
Shopping malls experience problems organising workers for weekend shifts
Following the 21 December decision of the Latvian government, which permits all stores in shopping malls to open up for weekends and holidays,…
Latvian Dairy Committee: the situation in the industry is tragic
Because of the rising costs of raw materials and energy resources the situation in the dairy industry is currently tragic, as dairy companies…
Expert: it would be a good idea for Latvia’s half-empty sea ports to take over Belaruskali freight
Opinion piece. It would be very economically beneficial for Latvia’s half-empty sea ports to take over Belaruskali freight from Lithuania. It would prove…
European Commission permits Latvia to invest in airBaltic’s base capital
On 21 December the European Commission permitted Latvia’s government to invest EUR 45 million into the country’s national airBaltic airline’s capital, as confirmed…
Expert: it would be a good idea for Latvia’s half-empty sea ports to take over freights from Belaruskali
Opinion piece. It would be economically beneficial for our [Latvian] half-empty sea ports to take over Belaruskali freights from Lithuania. It would prove…