Under the influence of rebounding EU economy and high inflation the value of Latvian exports and imports reached records in 2021, official statistics showed. The Latvian Central Statistical Bureau wrote in a press release, that its provisional data showed that in 2021, Latvia exported EUR 16.49 billion worth of goods, EUR 3.19 billion or 24%…
As the spread of Covid-19 in Latvia has decreased among children, the Latvian government has decided to lift the requirement for minors to present the digital Covid-19 certificate to prove their vaccination or recovery from the disease to attend events and receive services provided indoors or in the presence of an adult having one of…
From August 7, onward food products containing E171 food colour will be banned from entering Latvia’s market, as reported by Food and Veterinary Service (PVD). Restrictions will come to force in accordance with regulations of the European Commission. PVD mentions that European Food Safety Authority (EFSA) has performed a repeated risk assessment. In its report…
Latvian airline airBaltic is adding extra flights on its Kyiv-Riga route, citing exceptional demand. “To address the significant passenger demand for flights from Kyiv, Ukraine to Riga, Latvia, airBaltic has scheduled two additional flights on February 15 and February 16, 2022,” airBaltic tweeted. Many airlines have been looking at their connections with Ukraine at a…
It is expected for inflation in Latvia to remain at 7.5-8% throughout the entire first half-year of 2022. This will be dictated mostly due to the energy and food product price climb, as reported by the Ministry of Finance. In the second half of the year, inflation will gradually decrease, the ministry predicts. The latest…
The influence of the price of natural gas on consumption may be evaluated after some time, says gas transmission system operator Gaso chairman of the board Ilze Petersone-Godmane. She said currently there was information both about multiple legal persons considering restricting production and how residents were trying to save money and reduce costs. State support…
Riga International Airport has plans to invest more than EUR 247 million into development until 2027, reach a number of 9 million passengers serviced, as well as issue bonds, according to the airport’s new strategy Runway 2027, as reported by the airport’s representatives. The airport has reviewed and outlined its goals, vision and mission. New…