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Category: Business

Expert: it would be a good idea for Latvia’s half-empty sea ports to take over Belaruskali freight

22.12.202122.12.2021 Ogres

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

22.12.2021 Ogres

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

22.12.2021 Ogres

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

21.12.202121.12.2021 Ogres

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

21.12.2021 Ogres

In November 2021 actual unemployment rate comprised 7.1 %, which is 0.4 percentage points more than in October. The unemployment rate for males…

Estonia sees electricity price surge from Sunday to Munday

20.12.2021 Ogres

Electricity price for the Estonian price area in the Nord Pool exchange is expected to reach an average of EUR 269.82 on Monday,…

Bank of Latvia downgrades country’s economic growth outlooks

17.12.202117.12.2021 Ogres

Latvia’s central bank has downgraded the GDP growth outlook for 2021 from 5.3% to 4.6%. At the same time, the bank has downgraded…

Latvian parliament rejects opposition deputies’ proposal to temporarily reduce VAT for electricity

16.12.2021 Ogres

On Thursday, 16 December, Latvia’s parliament rejected legislative drafts from two opposition deputies that provided for temporarily reducing value added tax (VAT) for…

Lithuanian bakeries active in making Christmas cake – šakotis

15.12.2021 Ogres

The southern Baltic country, Lithuania, has a Christmas specialty of its own – šakotis. The sweet and hard cake, which is good for…

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