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Restrictions applied on use of Visa cards issued by Latvia’s ABLV Bank

RIGA – Restrictions have been applied on use of Visa payment cards issued by Latvia’s ABLV Bank, the bank’s spokesman Janis Bu...

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Latvian Credit Register shows 721,100 borrowers with outstanding liabilities in late 2017

RIGA - At the end of 2017, the Latvian Credit Register contained data on 721,100 borrowers with outstanding liabilities, up 0.7 percent from the...

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Latvians tend to overspend mostly on food - poll

RIGA - People in Latvia tend to overspend mostly on food, according to a poll carried out by Norvik Banka. The poll sh...

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Latvia to join pan-Baltic agreement to improve cooperation in disaster relief

RIGA - The Latvian parliament today upheld in the first reading a bill about Latvia joining a pan-Baltic agreement which would make disaster rel...

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U.S. imposes sanctions on Latvia's ABLV Bank over money laundering schemes

RIGA - The Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury has imposed sanctions against Latvia’s ABLV Ba...

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South Korea is one of Latvia's most important partners in Asia - President Vejonis

RIGA - South Korea is one of Latvia's most important partners in Asia, Latvian President Raimonds Vejonis said during his meeting with South...

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Latvian unemployment rises to 7% in January

RIGA - In January 2018, Latvia’s registered unemployment rate rose by 0.2 percentage points from December 2017 to 7 percent, according to ...

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Latvia and Belarus emphasize necessity to activate cooperation in education and science

RIGA - Yesterday in Minsk, the State Secretary of the Ministry of Foreign Affairs, Andrejs Pildegovics, met with the Deputy Minister of Foreign ...

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Latvia to buy anti-tank missiles for EUR 108 million

RIGA - Defense Minister Raimonds Bergmanis (Greens/Farmers) and EuroSpike executives Gunter Lauer and Arie Lapidot will sign an agreement at the...

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Illegal employment grows in construction, transport in Latvia

RIGA - Last year illegal employment increased in two sectors of the Latvian economy - in construction and in transport and warehousing, accordin...

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