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Category: Current news

Latvian medical workers say reform will not solve chronic funding shortage in healthcare

02.03.2023 Ogres

Latvia’s healthcare suffers from chronic shortage of funding and human resources. No reform can resolve it, said representatives of Latvian Medical Association (LĀB),…

Latvia’s GDP grows by 2.0% in 2022

02.03.2023 Ogres

Compared with 2021, the gross domestic product (GDP) increased by 2.0 % in 2022. Last year, GDP at current prices amounted to EUR…

Financing from Recovery Fund to be used to create a participatory budget information system

02.03.2023 Ogres

Money from the Recovery Fund will be used to create a participatory budget information system, according to the ordered issued on Tuesday, the…

Latvian State Forests looks into contracts criticised by the prosecution office

01.03.2023 Ogres

Following the warning issued by the prosecution office about «unfair contracts», the board of Latvian State Forests (LVM) reports having commenced a comprehensive…

Expert warns 2023 will be a difficult year for retailers

28.02.2023 Ogres

The industry continue showing a shocking ability to oppose challenges – the year 2023 started out with confident growth in the retail trade…

Latvian financial institutions’ profits reach EUR 51.9 million in January

28.02.202328.02.2023 Ogres

Latvian monetary financial institutions, mostly banks, operated with profits of EUR 51.9 million in January 2023, which is 49.1% more when compared with…

Latvian Saeima supports covering MPC costs from state budget

28.02.2023 Ogres

The 14th Saeima passed in the final reading amendments to the Electricity Market Law. These amendments provide for covering the costs of the…

76% of Latvian respondents believe technologies will outcompete humans

28.02.2023 Ogres

Most or 76% of interviewed Latvian respondents admit holding the belief that in the future technologies will outcompete humans, according to results of…

Volume of cashless transactions in Latvia reaches 259.1 billion in 2022

27.02.2023 Ogres

The press-service of the Bank of Latvia reports that payment processing service providers in the country – credit institutions, electronic money processing institutions,…

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