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…
Unemployed aid benefit may be paid to Latvian residents for a period of four months and its maximum amount will be set at EUR 130, as confirmed by Latvian Welfare Minister’s advisor for communication affairs Janis Zarins. As previously reported, finance minister’s work group for support of entrepreneurs discussed the option of adopting such a…
Municipalities in Latvia will have the right to receive state budget loans to increase base capital of municipal companies if their turnover drops more than 50% because of COVID-19 crisis, as provided by amendments supported by the Cabinet of Ministers on April 9. Finance Ministry explains that for municipalities as capital shareholders to support companies…
LLC Rigas mikroautobusu satiksme (RMS) has decided to shut down shuttle bus services on all routes in Riga until the state of emergency in Latvia is over, as confirmed by RMS. To halt the spread of COVID-19 in Latvia, including through public transport, Latvia has established a number of restrictions and security measures. Since March…
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…
Municipalities are urged to consider the option to abolish public transport discounts and benefits for certain groups to reduce the risk of people from risk groups getting infected, as well as to more accurately organize the flow of passengers, according to a Twitter post by the Transport Minister Talis Linkaits. Based on the minister’s order…
In the first two months of the Covid-19 pandemic its effect on the state budget has not yet been felt, as reported by the Finance Ministry. In the first two months of 2020 the general budget revenue was 0.6% higher when compared to the same period of 2019. Expenditures, on the other hand, increased by…