The Progressives party believes that Latvia needs to agree on a predictable system for setting the minimum wage, for example by linking it to the average salary level, says Andris Suvajevs, head of the party’s parliamentary faction. “The Progressives believe that we need to agree on a clear system for increasing the minimum wage. For…
All old wind turbines in Latvia – especially those no longer producing electricity – must be urgently inspected, Climate and Energy Minister Kaspars Melnis (ZZS) stated on April 27 while inspecting a collapsed wind turbine in Bunkas parish. In a post on the social platform X, Melnis said that an agreement had been reached with…
Amid funding shortages, the state-owned company VSIA Latvian State Roads (LVC) is currently commissioning new road reconstruction projects only for locally critical road sections, LVC Construction Department Director Gints Alberins has said at the company’s annual Latvian road sector conference. According to him, these are sections where the road condition already threatens passability. In all…
According to the latest data published by the Central Statistical Bureau, Latvia’s general government budget recorded a deficit of $1.093 billion last year, calculated in accordance with the European System of Accounts (ESA 2010) methodology, which corresponds to 2.5% of gross domestic product (GDP). Compared to 2024, the general government budget deficit increased by 366.9…
At a meeting of the Saeima’s Budget and Finance (Tax) Committee on April 16, deputies supported the draft decision on approving a state short-term loan to the national airline airBaltic, after reconsidering the issue. During the meeting, Transport Minister Atis Svinka once again emphasized the importance of the company and the need to support it.…
The Latvian government is set to review a request from national airline airBaltic for a short-term loan, the Ministry of Transport (SM) has announced. According to the government’s agenda, the Cabinet of Ministers will consider an informational report on the current situation at airBaltic during a closed session. The ministry stated that at the end…
The structure of the Baltic aviation market is gradually changing, and Lithuania is increasingly trying to strengthen its role within it, Andris Kalnins, president of the Latvian Hotel and Restaurant Association (LVRA), has said. He noted that for a long time the situation on the Baltic aviation map was clear. Riga Airport was the undisputed…