Latvian PM says ministries leave EUR 100 million of budget funds unused every year
Latvia’s Prime Minister Krišjānis Kariņš is not ready to name the exact amounts of money planned to be saved by having ministries review…
Category: Current news
Bank of Latvia governor says ongoing price rise cannot be attributed to the war
Currently the price rise is more rapid than can be justified with influence from the war in Ukraine, said the governor of the…
Latvian State Revenue Service requests criminal prosecution for «envelope wage» payments
In March 2023 Latvian State Revenue Service’s (VID) Tax and Customs Police submitted to the Tax and Customs Affairs Prosecution Office a request…
Latvian parties and individuals fined by KNAB; ordered to replay EUR 220 159
In 2022 Latvian Corruption Prevention and Combating Bureau (KNAB) fined political parties and private persons a total of EUR 25 120 and ordered…
University of Latvia to cut down number of faculties
The University of Latvia (LU) has plans to significantly cut down the number of active faculties, as LETA was told by the university’s…
Other prominent officials listed as accused in Riga ex-mayor’s criminal case
Aside from Latvian MEP and ex-Mayor of Riga Nils Ušakovs, Corruption Prevention and Combating Bureau (KNAB) also suspects ex-vice-mayor of Riga Andris Ameriks,…
Eurostat: Latvia’s inflation higher than average in EU and Eurozone in February
In February 2023 inflation in Latvia was higher than average in the European Union and Eurozone, according to data published by Eurostat. Annual…
Luminor Bank predicts lower inflation and slightly higher purchasing power
«Cracks are appearing in the clouds of economic outlooks,» Luminor Bank describes its latest economic outlook in a figurative and hopeful manner. The…
BNN IN FOCUS | Latvian Minister of Defence withstands no-trust vote
At an extraordinary meeting of the Saeima on Wednesday, the 15th of March, the majority of deputies declined the proposal submitted by opposition…
