Latvian court receives criminal case involving multiple ABLV Bank employees accused of money laundering
The prosecutor’s office has submitted a new criminal case to a court of law in Latvia. In it multiple former ABLV Bank managing…
Nord Stream: Russia’s main pipeline resumes supplying gas to Europe
Russia has resumed gas supplies to Europe using its biggest gas pipeline Nord Stream 1 after warnings that gas supplies may become limited…
Importing certain goods from Russia and Belarus to Latvia is permitted, but there are strict rules
It is permitted for residents in Latvia to import certain excise goods from Russia and Belarus without paying the tax, but only once…
BNN ANALYSES | Reality check can be harsh after the summer lull passes
Linas Jegelevičius Although summer lulls everybody, the coming months of autumn and winter in Lithuania and elsewhere will perhaps inevitably sink all of…
Electricity prices to peak in Latvia this evening
According to information from Nord Pool, this evening, 21 July, electricity prices in Latvia will reach their all-time peak. Average price of electricity…
Latvia’s budget deficit above EU’s average in Q1 2022
In Q1 2022 Latvia’s general government budget deficit ratio to GDP was higher than the average in the European Union, according to data…
Italy’s Mario Draghi steps down as PM
Italy’s Prime Minsiter Mario Draghi submitted his resignation on Thursday, 21 July, as reported by the office of Italian President Sergio Mattarella. President…
Survey: every sixth Latvian resident to receive a raise thanks to price rise compensation
As a result of efforts to compensate the rapidly growing everyday expenses, 16% of Latvian residents have received a raise. Most of those…
Two ex-ministers to clash in second stage of UK Tory leadership elections
In the second stage of British Conservative party leadership elections on Wednesday, 20 July, two potential candidates remained: ex-Chief Secretary to the Treasury…
