Swedish ferry company Stena Line will deploy two new, large and modern ferries on its Ventspils-Nynashamn route. The first of them – Stena Scandica arrived at Nynashamn port on July 27, after departing on its maiden voyage from Ventspils, as reported by Stena Line Group. The new ferry’s passenger compartment capacity is up by 70%…
In five months Latvia produced 20.242 million liters of alcoholic beverages, excluding beer. Compared to the five months of 2020, this is 0.4% more, according to data on excise goods compiled by the State Revenue Service. A drop in production volumes is observed for intermediate products containing less than 15% of alcohol – by 39.6%.…
In Q1 2021, Latvia’s state budget deficit ratio to GDP was larger than the average in the European Union, according to the data published by Eurostat for 22 EU member states. According to this data, Latvia’s budget deficit in January-March was 8.6% of GDP. In Q1, budget deficit was observed in nearly all EU member…
In June, actual unemployment rate comprised 7.8%, down by 0.1% MoM. The unemployment rate for females increased by 0.1%, to 7.4 % in June, but for males it remained unchanged at 8.3%. Unemployment rate registered by the State Employment Agency (SEA) accounted for 7.4%, down by 0.2%. Unemployment rate decrease may be observed when comparing…
Free Trade Union Confederation of Latvia (LBAS) has sent a letter to the Saeima speaker and all factions in the parliament. In it, LBAS expresses its opinion on the rights of employers to lay off employees not vaccinated for Covid-19, as confirmed by LBAS. Because the Cabinet of Ministers decided on July 14 to approve…
Due to unusually hot weather, there has been a sharp increase in demand for ice cream, water and other appropriate summer food products, according to results of a survey performed among traders. SIA Rimi Latvia public relations manager Juris Sleiers said in the survey that residents had significantly changed their purchasing habits ever since the…
Freight traffic between January and June at the Port of Ventspils reached 5.83 million tons, down by 14.2% YoY, the port authority statistics showed. The six-month cargo volume includes 3.42 million tons of liquid bulk cargo handled at the port, 1.08 million tons of dry bulk cargo and 1.33 million tons of break-bulk cargo. There…