Latvia’s Central Statistical Bureau (CSP) has begun publishing a list of Latvian companies that export goods to or import goods from Russia or Belarus, LSM reports. CSP will update the list monthly. The list now includes 170 companies, some very well-known ones, that continue to do business with Russia or Belarus in sectors that are…
The Latvian parliament, the Saeima, has approved in an extraordinary session an urgent law that allows the state to bail out the country’s ailing national airline, airBaltic, LSM reports. The law, which was rushed through parliament in just one day, will allow the government to acquire around EUR 30mn of more airBaltic bonds. Also, the…
All members of the supervisory and management boards of Latvia’s Road Traffic Safety Directorate (CSDD) have resigned, following a massive data leak at the agency, LSM reports. Earlier, President Edgars Rinkevics stated that CSDD’s management could not continue in office due to the scandal, DELFI reported. He has asked Latvia’s Prosecution Office to assess the…
A recent cyberattack against Latvia’s Road Traffic Safety Directorate (CSDD) breached the data of as many as 1.2 million people and around 200,000 companies, LETA reported. Latvia’s population totals a little over 1.8 million people, LSM noted. The attackers obtained personal and company data contained in payment receipts dating back to 2008. The compromised information…
The EU should cover costs related to confronting Russia, Latvian Prime Minister Andris Kulbergs stated, Politico reports. He said that the EU should grant an additional EUR 7bn from its next multi-annual budget to compensate for Latvia’s higher defence spending and loss of trade with Russia. Latvia’s projected defence spending over the seven-year budget period…
The Latvian government has decided to extend the repayment period on a EUR 30mn emergency loan issued to the country’s national airline, airBaltic, until the end of 2026, LSM reports. The loan was due by the end of August 2026. Also, the government gave conceptual approval to buying an additional EUR 30mn of airBaltic’s bonds…
Latvia’s United List continues to oppose the ratification of the Council of Europe’s Istanbul Convention on violence against women, but is not committed to withdrawing from the treaty immediately, Prime Minister Andris Kulbergs stated, LETA reports. He said that the question should not be made into a top political priority, given that the treaty had…
NATO fighters shot down a drone that had entered Latvian airspace in the early morning hours of 14 August 2026, LSM reported. Two Italian Eurofighter jets based at Lithuania’s Siauliai Air Base and two Turkish F-16 jets from Estonia’s Ämari Air Base were involved in the operation, LSM reported. The drone was destroyed by one…
The Latvian government said that the financial situation of the country’s national airline, airBaltic, was “very serious,” LSM reports. Earlier, S&P Global Ratings lowered airBaltic’s credit rating from CCC+ to CCC- with a negative outlook, LRT reported. The agency noted that airBaltic’s had insufficient funds to cover its financial obligations and the government may not…
