Latvia: port competitiveness must be strengthened immediately

Latvia’s Economy Minister Viktors Valainis met with representatives of the Latvian Stevedoring Companies Association on June 10 to discuss key challenges facing the port sector, opportunities for attracting investment, port governance reform, the competitiveness of Latvia’s transit corridor, and support instruments for business development, the Ministry of Economics reported. The discussions focused particularly on the…

Latvia: airBaltic repays part of state loan

Latvia’s national airline, airBaltic, has repaid the first instalment of its state loan amounting to 6.4 million euro, according to the Ministry of Transport (MoT). The ministry stated that airBaltic was meeting its obligations and had completed the first repayment under the loan agreement in the amount of 6.4 million euro. The 30 million euros…