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Category: Current news

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,…

Expert says Latvia should’ve worried about birth rates decades ago

27.02.2023 Ogres

The problem of low birth rates should’ve been put on the government’s table 25 years ago, says Latvian Employers’ Confederation’s Social Affairs and…

Teachers in Latvian municipalities with «non-reformed school network» will have lower wages

27.02.2023 Ogres

With municipalities slow to reform their school networks, teachers employed there will have to deal with lower wages, said Minister of Environment Protection…

BNN SUMMARY OF THE WEEK: Consolidating education. Dads in debt. Medical inflation. Gazprom done

27.02.2023 Ogres

Latvia’s state budget project is submitted to the Saeima. The budget plan’s review commenced this week. The government can breathe easily – the…

Reconstruction costs of social care centre in Jugla estimated at EUR 293 000

26.02.2023 Ogres

Jugla branch office of Riga social care centre was reconstructed for a total of EUR 293 000, as reported by the centre’s public…

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