airBaltic to lease aircraft to Lufthansa Group for a period of three years
Latvian national airBaltic airline will expand cooperation with German Lufthansa Group in the next three years by leasing its aircraft to this group,…
ECB interest rate reduction leads to soaring stock prices on European stock markets
After the decision by the European Central Bank (ECB) to lower interest rates, European exchanges observed a surge in share prices. Wall Street…
Cyclone to bring about clouds and rain in Latvia; air temperature to remain over +20° C
For the remainder of the week, weather in Latvia will be dictated by a cyclone. The sky will be cloudy and some rain…
Vehicles registered in Belarus will not be allowed in Latvia
On the 12th of September, the Latvian Saeima passed in the final reading amendments to the Road Traffic Law, banning vehicles registered in Belarus from…
Is airBaltic in its potential investor’s hands already? International airline plans to acquire shares
German national Lufthansa airline is considering acquiring shares of Latvian national airBaltic airline before the planned initial public offering (IPO), as reported by…
Latvia to borrow at least three billion euros a year to maintain budget stability
In the next four years, Latvia will need to borrow three billion euros every year, because it will be necessary to refinance the…
Latvian authorities confirm Shahed-type drone in Rezekne
The Russian drone that crashed in Latvia’s Rezekne Country’s Gaigalava Parish was a Shahed-type drone armed with explosives, as announced by the Latvian…
Retailers: new requirement on food product origin creates difficulties
The new requirement to clearly state the country of origin of food products creates major difficulties and requires considerable investments to afford, as…
OPINION: rusting infrastructure – how the government’s policy is destroying Ventspils
“The railway leading to Ventspils is rusting away. This is the result of the absolute irresponsibility, ineptitude, lack of organizational talent of the…
