Latvia: ruling coalition agrees on allocating more financial support for pensioners and invalids

On March 1, parties representing the ruling coalition in Latvia conceptually agreed on a single-time EUR 200-benefit for pensioners and invalids, as confirmed by Prime Minister Krisjanis Karins after the meeting of the Coalition Council. The PM explained that representatives of ruling parties agreed on allocation of the single-time benefit. Recently the government has also…



Latvia: very high budget deficit level looming

The Bank of Latvia has reported that the country is nearing a very high budget deficit level. On February 23, participants of the meeting of the government and Crisis Management Council were presented with the situation with the state budget program for emergencies, as well as the country’s macro-economic situation in general. According to outlooks…