Profits of Latvian financial institutions reaches EUR 96 million in first two months of 2024
Monetary Financial Institutions of Latvia (MFI), mainly banks, operated with profits of EUR 96 million in the first two months of 2024. This…
Category: Current news
Fire breaks out at timber production site in Saldus
Last night, a highly dangerous fire broke out at a timber production site in Saldus, as reported by the State Fire and Rescue…
Warning: Riga residents advised to spend less time outside because of air pollution
In the morning on Tuesday, the 2nd of April, the quality of air in Riga became very poor, according to information from Latvian…
Latvia’s ex-president awarded for her contribution to the country’s NATO membership
On Wednesday, the 27th of March, Latvian Transatlantic Organisation (LATO) presented former President of Latvia Vaira Vīķe-Freiberga with a newly-established award for involving…
There is a significant increase in consumer complaints about insurance and loans
In 2023 the Consumer Rights Protection Centre (PTAC) received 277 complaints from consumers about various financial services, which is 25.9% more when compared…
Latvian authorities to continue looking into Daugavpils mayor’s private income
The State Revenue Service (VID) has commenced an inspection of Daugavpils Mayor Andrejs Elksniņš’s as a private person’s expenses and their compliance with…
Average electricity price goes up in Latvia
The average price of electricity went up by 31% in Latvia last week, reaching 84.46 EUR/Mwh, as reported by Latvenergo. Last week electricity…
20 000 contraband cigarettes found on the Bank of Daugava River near Belarusian border
On Sunday, the 24th of March, border guards found 20 000 contraband cigarettes on the Latvian-Belarusian border on the bank of Daugava River,…
Programme: Rail Baltica’s railway line in Riga will not be completed by 2030
Even under the most positive scenario it will not be possible to complete Rail Baltica railway line through all of Riga by 2030,…
