Latvia: unemployment down in April 2021

At the end of April, the level of registered unemployment in Latvia was 7.9% of the economically active population, down by 0.3% MoM, according to information from the State Employment agency (NVA). At the end of April, there were 71,376 unemployed people registered with NVA, down by 2,856 people. The unemployment level declined the sharpest…

Latvia: inflation up in April 2021

Compared to April 2020, the average level of consumer prices increased by 1.7% in April 2021. Compared to April 2020, the average level of consumer prices was mainly influenced by the increase in prices of goods and services related to transport, prices of recreational and cultural goods and services, prices of food and non-alcoholic beverages,…

Latvia: recovery plan submitted to EC

Ministry of Finance submitted to the European Commission Recovery and Resilience Facility plan on April 30. This puts Latvia among EU member states that have prepared and submitted their recovery plan to the EC, as reported by the ministry. 12 out of 27 EU member states – Austria, Belgium, Denmark, Germany, Greece, Spain, France, Italy,…

Latvia: Latvijas Gaisa Satiksme and LMT to create solutions for UAV traffic development

Latvijas Gaisa Satiksme (LGS) and telecommunications company Latvijas Mobilais telefons (LMT) have signed a memorandum of understanding on cooperation for research and development projects, as confirmed by both companies. As part of this memorandum, LGS and LMT will work on various solutions for the development of safe and convenient UAV traffic together. The memorandum provides…