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Government set to decide in principle on merging FCMC with Bank of Latvia

RIGA - The government is set to decide in principle on merging the Bank of Latvia and the Financial and Capital Market Commission (FCMC) tomorro...

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The first phase of the expanded building of the shopping centre “Origo” has been opened, the Class A business centre “Origo One” has started operating

Linstow Center Management (LCM) has completed first round of construction work on the new “Origo” shopping centre building, which ha...

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Operail’s new containers will significantly increase the volume of multimodal freight transport

With the help of 75 new bulk containers, Operail plans to more than double the volume of multimodal freight transport and to transport more than...

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"Krasta City" Business Complex will Obtain a New Visual Image This Year: Architectural Sketch design Competition Announced for Development Vision worth 150 Million EUR on the Banks of Daugava River

SIA "Krasta City" has announced a public competition to design a vision on the development of the territory on the right bank of the D...

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Lithuanian parlt set 90-day deadline for coronavirus travel refunds

VILNIUS – Travel agencies will have 90 days, not two weeks, to refund people whose travel plans have been affected by the coronavirus cris...

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Businessman Igors Ivanovs arrested - TV

RIGA - Businessman Igors Ivanovs has been arrested, the Latvian public television reported on Wednesday. The televisio...

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Lithuanian government allows relaunching flights to Norway

VILNIUS - The Lithuanian government on Wednesday gave the green light for resuming regular flights to Norway, making it the fourth destination a...

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Lithuanian government allocates EUR 45 mln to tourism industry

VILNIUS - The Lithuanian government on Wednesday allocated 45 million euros from the state's borrowed funds for the tourism industry hit by ...

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INVL Baltic Sea Growth Fund seeks permission to buy Latvia's Eco Baltia

VILNIUS - INVL Baltic Sea Growth Fund, the largest private equity investment fund for the Baltic region, managed by INVL Asset Management, part ...

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Only one in seven residents consider bank deposits to be the safest saving method

The residents of Latvia still believe that the safest way to save money is cash, and only one in seven entrust their money to banks for this pur...

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