Latvia: voucher system would do for air travel

A system should be adopted for air travel that would provide customers vouchers instead of money for cancelled flights, said Latvian Transport Minister Talis Linkaits during a meeting of the Cabinet of Ministers. On April 21, the government supported Economy Ministry’s position in talks with European Union (EU) representatives that during the crisis caused by…

Latvia: electricity price reduces for households

From Q4 2019 onward the price of electricity has reduced, according to the latest market data from the Public Utilities Commission (SPRK). Prices benefit from warm weather and recovery of water reserves, which allows increasing the power production output at hydroelectric power stations. Last year’s lowest average monthly electricity price in Nord Pool exchange was…