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,…
Category: Business
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…
Estonia sees electricity price surge from Sunday to Munday
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
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…
