Latvia’s banking association, Finance Latvia Association (FNA), opposes a proposed windfall tax on local banks, LETA reports. The association argued that the tax was “disproportionate, short-sighted, and nontransparent.” FNA warned that the tax would have negative long-term consequences, hampering Latvia’s growth, competitiveness, and attractiveness for private investment. The tax would oblige the financial sector to…
Latvia’s opposition United List will not try to topple the current coalition government for now, Edgars Tavars, chairman of the party’s parliamentary group, said, LETA reports. Speaking in an interview with TV3, Tavars noted that Prime Minister Evika Silina’s government had a “slight advantage” of votes in the parliament, the Saeima. Tavars said that United…
The social and labour affairs committee of the Latvian parliament, the Saeima, has approved amendments that would introduce stricter rules on workplace language requirements, LSM reports. The amendments aim to strengthen the role of the Latvian language in the labour market. Many employers in Latvia still require that staff speak Russian. The amendments stipulate that…
The number of job vacancies in Latvia was 23,900 in the second quarter of 2024, which was 1,400 (5.6%) fewer than in the same period of 2023, according to data from the Central Statistical Bureau (CSP), LETA reports. The number of vacancies amounted to 12,800 in the private sector (down 10.7%) and to 11,100 in…
Baltic leaders visited Ukraine for the fourth summit of the Crimea Platform and bilateral meetings with their Ukrainian counterparts, The Kyiv Independent reported. Estonian President Alar Karis, Latvian Prime Minister Evika Silina, and Lithuanian Foreign Minister Gabrielius Landsbergis reiterated their calls to lift all restrictions on arming Ukraine, support for a just and lasting peace,…
The coordinator of the Rail Baltica railway project, RB Rail, will start talks with private investors on financing the project’s implementation in Latvia at the end of 2024, LSM reports. Latvia’s Ministry of Transport presented a report on the project to the public expenditure and audit committee of the Latvian parliament, the Saeima. Latvia has…
The Latvian parliament, the Saeima, has passed in final reading amendments that ban vehicles registered in Belarus from Latvia, LETA reports. 77 MPs voted in favour of the amendments, while 9 voted against, LSM reported. Under the legislation, Belarusian vehicles need to be reregistered in Latvia or taken out of the country by 31 October…
A new passenger train connection between Estonia’s second-largest city, Tartu, and the Latvian capital, Riga, will not open in October 2024 as planned, ERR reports. Märt Ehrenpreis, CTO of Estonia’s state-owned passenger train operator, Elron, said that certification of new Stadler FLIRT trains for operating on Latvian railways was taking longer than expected. Also, Elron…
Baltic and US officials held high-level security consultations in the Lithuanian capital, Vilnius, on 12 September 2024, BNS reports. The meeting was attended by Jonatan Vseviov, secretary general of the Estonian Foreign Ministry, Andzejs Vilumsons, state secretary at the Latvian Foreign Ministry, Lithuanian Foreign Minister Gabrielius Landsbergis, and US Deputy Secretary of State Kurt Campbell….
