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Latvia registers fourth-lowest hourly labour costs in EU: Eurostat

RIGA - In 2014, average hourly labour costs in Latvia were estimated to be 6.6 euros, which is the fourth-lowest indicator in the European Union...

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Citadele Treasurer: ECB’s QE will have limited positive impact on Baltic economies

The European Central Bank’s latest round of Quantitative Easing (QE) began this March, with the Bank of Latvia assigned to buy 184...

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Europe’s Easy-Money Endgame

MUNICH – The euro has brought a balance-of-payments crisis to Europe, just as the gold standard did in the 1920s. In fact, there is only o...

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Swedbank: Household consumption becoming key driver of Lithuanian growth

With declining export and weakening economic growth, household consumption is becoming an ever increasing factor of economic growth. Having reac...

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Capital Markets Union: A Law and Finance Perspective

In the last TBT issue, Howard Davies discussed the recent European Commission project to create a capital-markets union. The aim of the project ...

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Latvija in brief

CPB embroiled in lawsuits The Corruption Prevention Bureau (CPB) is currently embroiled in eight laws...

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Latvian President refuses to rule out possibility of Putin visit

Latvian President Andris Berzins has said that he does not agree with Lithuanian President Dalia Grybauskaite’s repeated description of Ru...

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10,000 signatures call for Latvia to legalise marijuana

More than 10,000 people have now signed a petition urging the decriminalisation of marijuana in Latvia, which means that the motion is now eligi...

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LTV working on new channel for Latvia’s Russian speakers

RIGA - Following Estonia’s creation of a new publicly funded news channel in Russian, Latvian State Television (LTV) has announced that is...

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Eesti in brief

A temporary successor to Savisaar Shortly after the Estonian elections in March, Edgar Savisaar, the ...

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