On October 14, Minister of Finances Janis Reirs submitted the state budget for 2022 to the Saeima to commence its review and approval process, as confirmed by the ministry. The delivery of the budget from the Ministry of Finances to the Saeima is a tradition that started in 1997 by the then Minister of Finances…
In January-September, the Freeport of Riga handled 15.28 million tons of cargo, down by 13.5% YoY. According to the port’s statistics, handing of grain increased by 13.1%, to 1,984,600 tons, ore – by 15%, to 526,600 tons, wood pellets – by 7.7%, to 1,630,200 tons, sawn timber – by 83%, to 437,400 tons, and timber…
According to the order issued by the Latvian government, the state budget program for emergencies will be expanded by EUR 300 million this year. The budget increase is related to the plan for operational response and allocation of necessary funding for the measures ministries in Latvia plan to employ in order to overcome the challenges…
Looking at the impact of growing gas prices on Europe, the Latvian government should think about ways of creating and managing different material reserves, wrote Latvia’s Minister of Defence Artis Pabriks on Twitter. The minister also said the Ministry of Defense was already working on solutions. Law on the State Material Reserves explains that nomenclature…
Chain store company Lidl has announced plans to open 15 stores in Latvia on October 7. Lidl will open stores in Riga, Liepaja, Ventspils, Tukums, Jelgava, Ogre, Valmiera, Jekabpils, Rezekne and Daugavpils. Lidl stores in Latvia will be open every day 08:00 – 22:00. The festive opening ceremony will be organized at all stores at…
With the number of Covid-19 patients on a rapid rise Latvia’s largest hospitals are overloaded, which suggests it is entirely possible a state of emergency may be declared in them. One of the reasons is the limited number of available medical personnel possible to send to assist the overloaded intensive care wings, Latvian Hospital Association’s…
With new regulations to halt the spread of Covid-19 in place and the requirement for compulsory vaccination expanded for some sectors of the economy, employers are provided with the right to dictate, which employees are required to undergo Covid-19 vaccination. Additionally, new regulations provide employees and employers with multiple ways of resolving vaccination-related disputes, including…