Bank of Latvia upgrades GDP growth outlook to 3% for 2022
The Bank of Latvia has upgraded the country’s GDP growth outlook for 2022 from the previous 2.9% to 3%, as reported by the…
BNN ASKS | Electricity – why is it the way it is?
«How is the electricity price formed? Why is it so high on the exchange? When will it go down? Will the state support…
Saeima approves legislative draft for Latvian language as the only official language in Latvia
On Thursday, 22 September, Latvia’s parliament conceptually approved the legislative draft that recognises Latvian language as the sole official language in the country….
Bank of Latvia governor promises economic recession will not be as deep as it was in 2008
There will be an economic decline or recession, but it will be shallow, said Bank of Latvia governor Mārtiņš Kazāks in an interview…
Latvian government to develop more support measures for residents during energy crisis
On Thursday, 22 September, Latvia’s Saeima asked the government to develop additional measures to support residents during upcoming heating season and reduce the…
Latest events in Ukraine | Referendums start in regions occupied by Russia
Russian state media is reporting that voting has begun in some of the regions of Russian-occupied territories of Ukraine where Putin announced referenda…
BNN ANALYSES | Lithuania’s former president Grybauskaite a favourite in the upcoming presidential elections
Linas Jegelevičius for BNN A new poll gauging Lithuanians’ affinity with potential candidates for the 2024 presidential election raised some eyebrows. Gitanas Nausėda,…
Fur farming in Latvia to be banned starting with 2028. Parliament prepares legislative framework
On Thursday, 22 September, Latvia’s Saeima passed in the final reading amendments to the Animal Protection Law in order to bank animal farming…
In Estonia many people use their savings to cope with inflation
Inflation has exceeded 20% in Estonia and currently is the highest rate in Estonia. That has led many domestic consumers to start using…
