Latvian MP says banks are presuming potential clients guilty after watchdog reform
In Latvia, every citizen and permanent resident has to have the right to open a bank account, otherwise one of a person’s democratic…
Category: Business
Latvia had most vacant jobs among Baltic states in Q2
In Latvia, in the end of the second quarter of 2021, there were 25.5 thousand vacancies, or 2.6%, compared to 1.9% in Lithuania…
BNN summary of week: Jobs available. Deposit system. Covid-19 certificates in Lithuanian supermarkets
This week, the first bottle deposit return machines have been set up in Latvia marking a long-awaited development in waste management. Lithuania and…
Estonian producer price index – up by 15.5% in year
In Estonia, the producer price index year on year to August has surged by 15.5%. Both export and import producer prices have risen…
Unemployment in Latvia the lowest since the end of 2019
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
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
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
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
On Thursday, 23 September, Latvian Saeima rejected a proposal submitted by opposition deputies to reduce VAT for sectors of the economy impacted the…
