ECB warns of risks to EU banks and proposes significant reforms
The European Central Bank (ECB) on Thursday proposed simplifying requirements for banks in the European Union (EU) in order to enhance their competitiveness…
Iceland decides not to participate in Eurovision 2026
Iceland has announced its decision to join Spain, Ireland, Slovenia and the Netherlands in withdrawing from the 2026 Eurovision Song Contest, writes the…
Minister presses “pause”: Latvia’s Marine Protected Areas plan to be redrafted
Minister for Environmental Protection and Regional Development Raimonds Čudars (New Unity) has promised to revise the proposal for the Marine Protected Areas (MPA)…
Laizāns released on record-high bail in Latvia’s largest money-laundering case
The Economic Court (ELT) in November released Rēzekne businessman Elmārs Laizāns — accused of leading an organized criminal group in the largest money-laundering…
Le Pen criticizes European defense programs – France must strengthen its own
Marine Le Pen, the face of the French far-right party National Alliance (RN), has criticized France’s participation in European defense programs and hinted…
Latvia signs 89 million euros contract with Škoda for new battery electric trains
The Road Transport Administration (ATD) on Thursday signed a contract with the Czech consortium “Škoda Transportation – Škoda Vagonka” (“Škoda”) for the purchase…
Fall of Pokrovsk won’t break front line; weakens Ukraine’s position in Trump’s eyes
Whether Russia will succeed in capturing the Ukrainian city of Pokrovsk is a matter of time, and while the city’s fall won’t destroy…
Rapid increase in influenza cases in Latvia: vaccines nearly depleted
Last week, all monitoring areas of the Centre for Disease Prevention and Control (SPKC) and all age groups recorded a sharp increase in…
A mass of cold air approaches Latvia: snow and frost expected at week’s end
On Thursday and Friday, the weather will remain wet, and on Friday during the day, rain in some areas will gradually turn to…
