Finance Ministry plans insurance sector shake-up in Latvia

Latvia's Ministry of Finance (FM) said July 21 it was planning to introduce changes to the laws governing the insurance industry "In order to promote the development of the insurance market, competition and improve the protection of customer …

Latvia's bomb threat e-mail sender detained in Ukraine

Last week, a person was detained in the Ukrainian city of Dnipro in connection with terrorist threats and the sending of fake e-mails containing bomb threats to thousands of educational institutions in several European countries, including Latvia, the …

Nordic Investment Bank eggs-pands its investment in Latvia

The Nordic Investment Bank (NIB) and the Latvian company JSC Balticovo have signed a EUR 30 million loan agreement for the expansion of the  egg producer's sustainable production capacity. The loan is supported under the InvestEU programme.  The ten- …

Power bill scammers active in Latvia

Using the electricity provider Elektrum's identity elements and reporting allegedly unpaid bills and electricity disconnections, scammers are currently sending out fake messages, Latvenergo said on 22 July, According to Latvenergo, fraud attempts using …

Lithuanian border guards again assist Latvia in securing the border with Belarus

A new group of Lithuanian border guards is heading to Latvia on Monday to help secure the border with Belarus and prevent the entry of illegal migrants. According to the Lithuanian State Border Guard Service (VSAT), eight border guards from the Pagėgiai …

+25 degrees and rain? Latvia faces dynamic weather swings

On Wednesday, rain is expected across most of the country, and in some areas, lightning and heavy downpours will be observed again. There is also a localized risk of very intense rainfall, according to the Latvian Environment, Geology and Meteorology …

Latvia’s Auditor General: Austerity must become routine. State Audit Office urges freezing own salaries to set an ...

The State Audit Office (SAO) will urge the Saeima to forego the application of base monthly salary indexation for the Auditor General and members of the SAO Council in 2026, as currently stipulated by the Law on Remuneration of Officials and Employees of …

Yellow heat alert in Latvia on Tuesday

On Tuesday, the lowest level - yellow - heat alert will be in force in most of Latvia, says the Latvian Environment, Geology and Meteorology Centre. The warning applies to Kurzeme, Zemgale, Vidzeme and southern Latgale. During the day it will rain in …

Latvia Producer Prices Fall 0.5%

Latvia's producer prices decreased for the first time in five months in June, figures from the Central Statistical Bureau showed on Monday. The producer price index fell 0.5 percent year-on-year in June, reversing a 0.2 percent rise in the previous …

Lithuania sends new group of border guards to assist Latvia