Expert warns 2023 will be a difficult year for retailers
The industry continue showing a shocking ability to oppose challenges – the year 2023 started out with confident growth in the retail trade…
Damage caused by earthquake reaches 34 billion dollars in Turkey
According to estimates from the World Bank, the earthquakes that hit the south of Turkey at the beginning of February and overall post-earthquake…
Railway freight volumes going to Baltic States will continue going down, Estonian millionaire predicts
The volume of railway freight going into the direction of Baltic States will continue going down. Even at an optimistic scenario – if…
Although expenditures are on a rise, Latvian government reports budget surplus on all levels
The Ministry of Finance reports that in January 2023, according to data from the State Treasury, the consolidated state budget contained a surplus…
Latvian minister says country must be prepared to resist aggression for at least ten days
Latvia needs to be able to oppose any kind of aggression and threats for a period of at least ten days, said Minister…
Latvian financial institutions’ profits reach EUR 51.9 million in January
Latvian monetary financial institutions, mostly banks, operated with profits of EUR 51.9 million in January 2023, which is 49.1% more when compared with…
PM: injecting more and more money into teachers’ wages is not a sustainable solution
Every year for the last four years additional funding has been provided to teachers, but giving more money would not be a sustainable…
Meteorologists promise heavy precipitation and strong wind for weekend in Latvia
This weekend, according to Latvian Environment, Geology and Meteorology Centre, a cyclone will approach from the west, bringing precipitation, as well as strong…
Latvian Saeima supports covering MPC costs from state budget
The 14th Saeima passed in the final reading amendments to the Electricity Market Law. These amendments provide for covering the costs of the…
