BNN summary of the week: Price hike in Latvia. Coalition under construction. Russians leave Kherson
This week passed in Latvia largely with expectations for continued coalition negotiations. The process remains slow, but both the National Alliance and New…
Week in Lithuania | Conservatives lead Lithuania’s party rankings, 2023 budget bill sent back to government
Linas Jegelevičius Last week, Singapore’s firm unveiled a plan to invest EUR 15 million in Kaunas, US set to sell eight HIMARS systems…
Apartment market in Estonia slumps to a low not observed since 2016
In October 2022 apartment-related deals in Estonia dropped to the level of 2016. It is likely this level will remain across the entirety…
Authorities take notice of Rezekne mayor’s controversial take on Soviet monuments and war in Ukraine
Following his recent public statements, Rezekne mayor Aleksandrs Bartaševičs was invited by Latvian State Security Service (VDD) to come in and provide explanations,…
Inflation forces residents in Latvia borrow more often; average loan amount reaches EUR 6 500
In the first nine months of 2022 there was a 10% increase for loans amounts. The average consumer loan amount reached EUR 6…
Ukraine describes Russia’s retreat as chaotic
Russia announced that its army has completely left Kherson, and local officials said that Ukrainian partisans raised Ukraine’s flag in the city. At…
No coalition in Latvia is possible without Combined List party, partners agree
The National Alliance (NA) and New Unity (JV) agree that it will not be possible to compose a functional coalition in the 14th…
Lāčplēsis Day will be windy and the weekend – unusually warm
Similarly to the end of the week, the weekend in Latvia is expected to be warm and windy. Colder masses of air will…
European Commission predicts 1.9% growth for Latvia this year
The latest economic outlook from the European Commission (EC) indicates that Latvia’s GDP will have grown by 1.9% this year. At the same…
