airBaltic agrees on financing of up to 257 million euros – interest rate set at 25% per year
Latvia’s national airline airBaltic has agreed with certain existing bondholders and third-party financing providers on the terms of bridge financing of up to…
Weekend forecast brings bad news – Latvia faces rain, thunderstorms and strong winds
On Friday, skies will be cloudy, with periods of rain expected in many parts of Latvia. Thunderstorms with heavy and possibly even very…
Ukraine attacks Russia’s Sochi port
An attack was reported at the port of Sochi on Russia’s Black Sea coast on Thursday morning, according to monitoring channels. Local residents…
Latvian company whose glass is used even at the Louvre sold for 62.5 million euros
US company Apogee Enterprises will acquire Latvian high-tech glass coating manufacturer Groglass for 62.5 million euros. Groglass develops and manufactures innovative anti-reflective glass…
70 million euro deal scandal rocks Estonia – defence minister resigns
Estonian Defence Minister Hanno Pevkur announced his resignation on Wednesday following criticism from the National Audit Office over the activities of the Estonian…
Data security incident hits Latvia’s Consumer Rights Protection Centre – hundreds of people affected
A data security incident has been detected in one of the information systems managed by Latvia’s Consumer Rights Protection Centre (PTAC), the authority…
Cyclones persist: Latvia faces rainy, windy and cooler weather
On Thursday, skies will be partly cloudy, with brief rain expected in many areas and thunderstorms possible locally, according to the Latvian Environment,…
Estonia elects its next president
The Estonian parliament on Wednesday elected Chancellor of Justice Ülle Madise as the country’s next president. In the secret ballot, Madise, who was…
Latvian court releases pro-Kremlin activist Gushchin after nine months in custody
Riga City Court on Wednesday released from custody Viktor Gushchin, a long-time activist involved in Russia’s “compatriot policy”, who is accused of violating…
