Foreign trade turnover in Latvia up 32.9% when compared to 2021
In January 2022 the foreign trade turnover of Latvia amounted to EUR 2.95 billion, which at current prices was 32.9 % larger than…
Category: Business
Consumers in Russia hit by soaring food prices, weakening rouble
After EU and other countries sought to force Russia’s leadership to end its war against Ukraine with crippling sanctions and after international firms…
PM: Europe is committed to completely banning Russian gas and oil
Europe is fully committed to stopping indirectly financing the war waged by Russian President Vladimir Putin’s regime and moving towards a full ban…
Petrol price in Estonia nears two euros
As motor fuel prices continue to increase, the price of petrol 95 has reached 1.949 euros per litre, Estonian public broadcaster ERR. On…
Week in Lithuania: PM urges to remain friendly with Russian-speakers, cabinet backs aid to Ukraine, German President visits
Last week, the top news in Lithuania were prime minister Ingrida Šimonytė calling for continued friendly relationship with Russian-speakers, government decided to provide…
Ikea joins companies stopping operations in Russia, while Coca Cola to stay
Nordic furniture retailer Ikea has joined other large European and American businesses to stop their operations in Russia and Belarus over the war…
Russian rouble close to free fall in value
Affected by fresh restrictive measures by the EU against the Russian banking system and the part of the country’s economy involved in financing…
airBaltic suspends all flights to Ukraine
Latvian airline airBaltic announced that due to airspace closure for civil aviation all its flights to and from Ukraine are cancelled from February…
ABB to lay off 200 employees in Estonia
Swedish-Swiss energy and technology giant ABB has decided to reduce its business operations in Estonia and close at least 200 jobs in the…
