Latvia’s greenhouse gas emissions rose by 7.5% in the first quarter of 2023, compared to the same period of 2022, according to Eurostat data, LSM reports. The increase was the second highest in the EU. Overall greenhouse gas emissions in the whole EU decreased by nearly 3% over a year.
Latvia’s central bank, the Bank of Latvia, supports the Finance Ministry’s plan to introduce a mandatory requirement that banks pay corporate income tax on their profits in advance, LSM reports. Martins Kazaks, governor of the Bank of Latvia, argued that the solution should be permanent, thus ensuring that banks contribute to the state budget every…
Latvia’s state-owned railway company, Latvijas Dzelzcels (LDz), carried 7.746mn tonnes of rail cargo in the first half of 2023, which was 36.7% less than in the same period of 2022, LETA reports. The volume of international freight amounted to 7.041mn tonnes (down 39.2%), while domestic freight doubled to 705,000 tonnes. LDz board chairman Rinalds Plavnieks…
Latvia’s Central Statistical Bureau (CSB) has released a list of Latvian companies that continue to export to Russia and Belarus, LETA reports. Economy Minister Ilze Indriksone instructed CSB to publish the list, which includes nearly 1,000 companies. The most common goods exported from Latvia to Russia include food products, alcoholic beverages, chemicals, medical products, machinery,…
Latvia’s Riga City Council has elected New Unity’s Vilnis Kirsis as the capital city’s new mayor, LETA reports. Kirsis named street renovation, construction of new housing, and investment in education as his policy priorities. Kirsis served as acting mayor after the resignation of Martins Stakis, who represented the Progressives and Movement For, in early July…
Latvia, Lithuania, and Poland are discussing the possibility of closing their borders with Belarus completely, Lithuanian Interior Minister Agne Bilotaite announced, BNS reports. Bilotaite said that the final details of a “synchronous regional decision” would be worked out at talks in Warsaw on 28 August 2023. Earlier, the Lithuanian government closed two checkpoints on the…
The three Baltic States have joined the G7’s Declaration of Support for Ukraine, ERR reports. The declaration aims to provide Ukraine with sustained political, military, financial, and economic assistance through bilateral agreements. Estonian Prime Minister Kaja Kallas, Latvian Prime Minister Krisjanis Karins, and Lithuanian Prime Minister Ingrida Simonyte expressed their “unwavering support” for Ukraine until…
Seven parties in Latvia’s Riga City Council have formed a new coalition, LSM reports. The memorandum of cooperation was signed by New Unity, National Alliance, Latvian Association of Regions (LRA), Code for Riga, Honour to Serve Riga (GKR), For Latvia’s Development (LA), and Movement For. Under the agreement, New Unity’s Vilnis Kirsis will become the…
Latvia’s New Unity party has nominated Welfare Minister Evika Silina as the party’s candidate for prime minister, LSM reports. She would replace New Unity leader Krisjanis Karins, who announced his resignation on 14 August 2023. Silina said that she would begin informal negotiations with political parties on the formation of a coalition government quickly. She…