Minister says Rezekne has a long road ahead – debt repayment and search for development options
The financial situation of Rezekne region has stabilised, but they have very big challenges ahead, including the approval of the budget for 2025,…
“Inter IKEA Group” acquires “IKEA” retailers in Baltic States
“Inter IKEA Group”, which includes Sweden’s “IKEA of Sweden”, has acquired furniture retailer “IKEA” retailers in Baltic States. The deal includes three full-size…
Didzis Šmits on Rail Baltica: There is so much crap, there is no way to sweep it all under the rug
“Two things kill in politics. One kills very quickly – being caught lying. The other is long-term arrogance,” said 14th Saeima deputy Didzis…
ECB expects more interest rate cuts in 2025
The European Central Bank (ECB) is likely to cut interest rates further next year and is in line with market expectations for future…
Chairman of Latvijas gāze: the price of gas will depend on geopolitical developments
The price of natural gas will depend on geopolitical developments, said Chairman of the Board of Latvijas gāze Aigars Kalvītis in an interview…
Time magazine names Trump “Person of the Year”
Time magazine on Thursday, the 12th of December, named US President-elect Donald Trump its “Person of the Year”, highlighting his great influence on…
Rail Baltica parliamentary inquiry committee approves final report without votes from ruling coalition
Latvian Saeima’s Rail Baltica project parliamentary inquiry committee has officially approved its final report. The document is not yet publicly accessible. Four members…
Cyclone activity and warmer weather expected in Latvia this weekend
On Friday, the 13th of December, the sky will be partially covered by clouds. Nevertheless, clouds will gradually disperse over the course of…
NATO chief wants to return to Cold War-level military spending
NATO countries must return to Cold War-era defence budgets and increase military spending to fend off Russia, NATO Secretary General Mark Rutte said…
