Latvia’s new electric trains to use Russian-made communication blocks
Pasažieru vilciens JSC (PV) representative Sigita Zviedre explains that the new electric trains supplied by Škoda Vagonka (Škoda) are planned to be put…
Category: Current news
Latvia’s State Treasury borrows another EUR 750 million
As reported by the State Treasury, on Tuesday, the 10th of January, ten-year euro bonds with a yield of 3,693% and a fixed…
Latvia’s Ministry of Finance warns export value growth rate is going down
The ministry reports that Latvia’s export growth started going up again in November 2022 after a slowdown observed in October 2022. However, the…
Trade with aggressor countries will continue going down, Latvia’s CSP reports
In November 2022 Latvia’s foreign trade turnover reached EUR 4.2 billion, which was 27.2% larger in current prices than a year ago. Exports…
Passenger numbers double at Riga International Airport
Riga International Airport reports having serviced 5.38 million passengers in 2022. This is nearly 2.3 times more when compared with the year prior,…
Court receives criminal case against former LDz board members, Magonis included
Riga district prosecution office has submitted to court a criminal case against for former Latvian Railway (LDz) board members, including Uģis Magonis. In…
Multiple cyclones to bring precipitation-rich week to Latvia; thaw commences
Latvian State Environment, Geology and Meteorology Centre reports that the cyclones approaching from the west across the Atlantic Ocean will bring warmer masses…
Latvian minister calls rights to cancel municipal governments’ decisions as disproportionate
Latvian Minister of Environment Protection and Regional Development Māris Sprindžuks called the rights to cancel regulation issued by local governments and remove officials…
Latvia’s unemployment in November reportedly higher than average in EU and Eurozone
In November 2022 unemployment in Latvia was 7.2%, and was higher than the average in the European Union and Eurozone, according to data…
