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…
Category: Business
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…
Latvian government plans to compensate residents for increased electricity costs
The state plans to compensate 50% of electricity system service costs for end users. This support will remain in force until the end…
Unemployment in Latvia up slightly in November
In November 2021 actual unemployment rate comprised 7.1 %, which is 0.4 percentage points more than in October. The unemployment rate for males…
