Latvian state company to hire lawyers to settle dispute with US construction firm
Latvian State Real Estate (VNI) hired TGS Baltic LLC, Baker, Donelson, Bearman, Caldwell & Berkowitz law firms in a procurement for a total…
Category: Current news
State Agency of Medicines comments on shortage of antibiotics and ibuprofen in Latvia
In response to the concerns from residents and signals of a possible shortage of antibiotics for children in Latvia, the State Agency of…
Authorities commence criminal procedure against Latvian for taking part in Russian aggression
Latvia’s State Security Service (VDD) has commenced a criminal procedure against a Latvian citizen over suspicions of this person illegally participating in the…
LTV and LR at risk of losing content and capital investments
Latvian Public Mass Media Council (SEPLP) has stated in its announcement that its plans for public orders for 2023 were approved in an…
60% of respondents in Latvia have reduced electricity consumption
To reduce electricity consumption in their households, 60% of interviewed Latvian residents took measures to reduce everyday electricity consumption last year, according to…
Minister wants to grant Latvian court justice system more independence
Courts of law and justice councils require greater independence in budget and staff-related topics, said Minister of Justice Inese Lībiņa-Egnere in an interview…
Latvian Traders Association reports price rise is mostly over
Latvian Traders Association (LTA) reports that currently, as compared with Q3, there is a slight price drop observed in the country across most…
INDEXO submits application for banking licence
Investment Management Joint-Stock Company (IPAS) INDEXO has submitted a request to the Finance and Capital Market Commission (FKTK) for a banking licence, as…
Every fifth respondent in Latvia feels growth of Euribor rate
In 2022 there was a significant increase of Euribor or European interbank market rate, which increased all monthly loan repayment amounts. According to…
