Bank of Latvia upgrades GDP growth outlook and downgrades inflation outlook
The Bank of Latvia has upgraded the country’s GDP growth outlook for 2023 from the previously expected 0.3% drop to growth of 0.5%,…
Category: Current news
Retail trade in Latvia continues showing confident consumption rates
The retail trade sector in Latvia continues demonstrating its ability to oppose high inflation and drop in purchasing power, as concluded by Swedbank…
Latvia’s state budget surplus going down, Ministry of Finance reports
The Ministry of Finance reports: according to data published by the State Treasury, in the first two months of 2023 the country’s state…
IDB detains State Police officer in Latgale for providing access to pirate TV services
An employee of Latvian State Police was detained in Latgale this week. This person provided residents with access to television programmes banned in…
Latvian authorities investigate possible envelope wage payment; four suspects identified
The prosecution office has presented charges to four people, including beauty sector entrepreneur Ieva Plaude-Rēlingere, over possible payment of envelope wages worth more…
Minister: Latvia’s healthcare sector needs an additional EUR 150 million
Latvia’s healthcare sector currently needs an additional amount of EUR 150 million in funding, said Minister of Health Līga Meņģelsone in an interview…
Expert: if no Russian content is generated, target audience will not switch to Latvian content
If public media cease generating content in Russian language, its target audience will not switch to content in Latvian language. Instead they will…
New details surface about scandalous Latvian army food procurement
The tender organised to procure food supply services for the Latvian army during war and peacetime was put together following the regular procurement…
Latvian authorities investigate confectioneries producer’s possible support of Russian army
Latvian State Revenue Service (VDD) confirms having started inspection of information regarding the possible involvement of Pobeda Confectionery LLC in providing support to…
