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Latvia’s Norvik Banka fined 1.3 mn euro, Rietumu Banka - 1.56 mn for violations

The Latvian Finance and Capital Market Commission (FCMC) has fined Norvik Banka with EUR 1.3 million and Rietumu Banka with EUR 1.56 million for...

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EUR 1.9 bn worth of EU co-financed projects approved in Latvia so far

By July 19 this year, the Latvian Central Finance and Contracting Agency (CFLA) has approved EU co-financed projects worth more than EUR 1.9 bil...

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Latvia upholds proposal for differentiated personal income tax

The Latvian government today upheld the legislative proposal for a differentiated personal income tax, starting with 2018. Under the draft amend...

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Russia-China military exercise kicks off in Baltic Sea

Ships of the Russian and Chinese navies began their first ever joint exercise in the Baltic Sea on Tuesday, July 25, Associated Press reports.

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When will the Baltic dream of orphanage deinstitutionalisation become a reality?

The Latvian and Lithuanian Governments’ dream of eradicating all orphanages in these countries turns out to be a slow process amid the ong...

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Russian citizen held for flying drone over Latvian Defense Ministry

RIGA - Military police have detained a Russian citizen for flying an unmanned aerial vehicle, or drone, over the Latvian Defense Ministry buildi...

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EUR 1.9 billion worth of EU co-financed projects approved in Latvia so far

RIGA  - By July 19 this year, the Latvian Central Finance and Contracting Agency (CFLA) has approved EU co-financed projects worth more tha...

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Latvian choirs win a number of medals in 3rd European Choir Games held in Riga

RIGA – Latvian choirs have won a number of medals at the Grand Prix of Nations Riga 2017 and the 3rd European Choir Games held in Riga, an...

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Rinkevics calls on Minsk to ensure closer information exchange on Zapad 2017 exercise

RIGA - On July 18-19, Latvian Foreign Minister Edgars Rinkevics was on a working visit to Belarus and met with the Prime Minister of Belarus, An...

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Augulis: Several potential investors likely to begin due diligence for airBaltic soon

RIGA - Several potential investors are likely to start due diligence for the acquisition of Latvia’s national carrier airBaltic in the nea...

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