European Central Bank increases interest rate to 2.5%
On Thursday, the 15th of December, the European Central Bank (ECB) decided to increase the main base interest rate by 0.5 percentage points…
Politologist: Latvia’s government to take office mid-crisis; budget to be the biggest challenge
The new government in Latvia takes office in the middle of a difficult crisis that will likely continue until next spring, when the…
Conservative voters choose Florida governor over Trump
A large number of US voters, who are Republican supporters, prefer Florida Governor Ron de Santis to Donald Trump, writes the BBC. 56%…
Latvia’s new Minister of Transport promises to focus on railway, motorway and public transport infrastructure
On the 14th of December the Saeima approved Jānis Vitenbergs as Latvia’s new Minister of Transport. He will be working on activities and…
BNN ANALYSES: Lithuania to remove monuments, but should the Russian language be phased out?
Linas Jegelevičius for the BNN The Lithuanian parliament, the Seimas, has adopted this week a law phasing out what it calls the promotion…
British airports plan to lift hand luggage restrictions
Next year, a number of rules related to the transportation of liquids and electrical equipment in hand luggage could be abolished in British…
Latvian parliament rejects Civil Union Law; work on 13th Saeima’s dropped initiative to stop
On Thursday, the 15th of December, the 14th Saeima decided to discontinue the Civil Union legislative draft left from the 13th Saeima. This…
Housing affordability down considerably in Latvia; buyers remain reluctant
In Q3 2022 Swedbank Baltic Housing Affordability Index (MPI) rapidly went down in all three Baltic capital cities, according to the bank’s economist…
NATO agrees to increase budget for 2023
On Wednesday, the 14th of December, NATO member states agreed to considerably increase the alliance’s shared budget due to the emerging security concerns…
