Saeima Budget Committee to review initiative on reduction of excise tax for fuel
On Wednesday, 30 March, Saeima’s Mandates, Ethics and Submissions Committee agreed to submit to the Budget and Finance Committee an initiative from residents…
Latvian farmers may receive aid from EU to compensate losses from war in Ukraine
Latvian farmers may receive aid from the European Union due to the war in Ukraine in the form of EUR 4.2 million, as…
Estonia not willing to build gas terminal without Latvia and Finland
The Estonian government is looking into ways to cut the country’s energy dependence on natural gas from Russia, by supporting the building of…
Bank of Latvia downgrades GDP growth outlook to 1.8% for 2022
The Bank of Latvia has downgraded Latvia’s GDP growth outlook for 2022 from the previous 4.2% to 1.8%, as mentioned by the head…
Day 35 of war in Ukraine: Russian withdrawal pledge taken as deceit, food ships blocked in Black Sea
On Wednesday, March 30, the Ukrainian military stated it perceived Russia’s pledge to withdraw troops from offensive operations near Kyiv and Chernyhyv as…
Covid-19 in Baltic States. 2 443 in Latvia 3 705 in Lithuania, 1 405 in Estonia
A total of 2 443 new Covid-19 infection cases were found in Latvia in the last 24 hours. 12 people have died, of…
Bank of Latvia upgrades inflation outlook to 9.5% for 2022
The Bank of Latvia has upgraded the average inflation outlook for 2022 from the previous 6.1% to 9.5%. For next year the inflation…
Latvian minister invites annulling Ventspils ex-mayor’s honorary status in LU
Latvian Minister of Education and Science Anita Muižniece has sent an invitation to the University of Latvia to annul ex-mayor of Ventspils Aivars…
Latvian government approves increase of defence budget to 2.5% of GDP
On Tuesday, 29 March, Latvia’s government approved the gradual increase of the defence budget to 2.5% of GDP in the next three years….
