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Category: Business

Unemployment in Latvia the lowest since the end of 2019

08.10.2021 Ogres

In August 2021 actual unemployment rate comprised 6.9 %, which is 0.6 percentage points less than in July. The actual unemployment rate in…

Corruption watchdog accuses ex-governor of the Bank of Latvia of coercing others into giving false testimony

08.10.2021 Ogres

Corruption Prevention and Combating Bureau (KNAB) has requested the office of the prosecutor to commence criminal prosecution of ex-governor of the Bank of…

Cybersecurity body in Lithuania finds Chinese smartphone equipped with censorship

08.10.202108.10.2021 Ogres

Lithuanian cybersecurity body has deemed Xiaomi smart phones unadvisable for use alleging that they contain a function able to censor phrases the Chinese…

As Vilnius heating season starts, price increase by 50-60% expected

07.10.202107.10.2021 Ogres

Vilnius municipality and the energy market regulator warn population that prices for central heating in the Lithuanian capital city are expected to surge…

Latvian Saeima rejects proposal to reduce VAT for sectors impacted by the crisis the most

07.10.2021 Ogres

On Thursday, 23 September, Latvian Saeima rejected a proposal submitted by opposition deputies to reduce VAT for sectors of the economy impacted the…

Week in Lithuania: Vilnius Airport building to be torn down, Achema furloughs 400 workers

07.10.202107.10.2021 Ogres

Last week, the top news stories in Lithuania were the decision to demolish the building of the Vilnius Airport, the initiative to lower…

Latvian Competition Council investigates another potential construction cartel

07.10.2021 Ogres

Latvian Competition Council has suspicions of a possible tender coordination among some of the biggest road construction companies in the country. Searches were…

PHOTO: two new Stena Line ferries to be deployed on Ventspils-Nynäshamn route

07.10.2021 Ogres

Staying true to the plan to expand operations in the Baltic Sea, Swedish Stena Line has invested EUR 200 million in the Ventspils-Nynäshamn…

Lithuania changes travel rules for Denmark, Finland

07.10.202107.10.2021 Ogres

As the epidemiological situation in Denmark, Finland and Luxembourg has improved, Lithuania has removed them from its red list of travel restrictions, where…

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