While Latvia’s economy is generally resilient and the labour market remains strong with low unemployment, the economy will still face significant fragility in 2023, Martins Kazaks, president of the Bank of Latvia, warned, LSM reports. Speaking in an interview on LTV, Kazaks emphasised the need for economic transformation in order to avoid falling behind other…
Latvia’s opposition Union of Greens and Farmers (ZZS) is planning to request the dismissal of Agriculture Minister Didzis Šmits, Baltic News Network reports. ZZS press secretary Dace Karklina said that the party supported the position of the Latvian Farmers Union (LZS) that the minister’s inaction and failure to set limits had resulted in uncontrollable increases…
A motion of no confidence in the current tripartite ruling coalition in Estonia’s Paide municipal council won the majority of votes, DELFI reports. Altogether 13 out of 23 councillors voted for the motion presented by Priit Värk, chairman of the New Paide electoral alliance. The coalition of Paide People’s City, Estonian Reform Party, and Estonian…
Car owners in Estonia face increasing pressure and deserve fair treatment, Simmo Saar, head of the newly-established Estonian Car Owners Association (EAOL), stated, ERR reports. The new association aims to represent the rights and interests of car owners, including in regard to taxation, highway planning, traffic law, penal policy, and traffic education. EAOL opposes the…
Candidates for the new position of the government’s special representative in Estonia’s Ida-Virumaa county include Peep Peterson and Jaanus Purga, ERR reports. Peterson, member of the Social Democratic Party, is former minister of health and labour and former chairman of the Confederation of Estonian Trade Unions (EAKL). Jaan-Hendrik Toomel, current head of EAKL, said that…
Police officers in Estonia are required to draw their weapons almost every week on duty, primarily due to the prevalence of gas pistols and starter guns that resemble real firearms, ERR reports. However, police officers actually discharge their firearms only a few times a year. Armin Saarits, head of the Special Preparedness Unit at the…
An analysis on the impact of EU financial support on Estonian firms revealed that while the subsidies led to higher sales revenues and wages, they did not significantly improve productivity, ERR reports. The study, conducted by researchers from the Stockholm School of Economics in Riga, examined data from 1,435 companies that received European Regional Development…
Registered unemployment in Estonia increased for the third week in a row, ERR reports. The number of people registered as unemployed totalled 50,131 as of 2 July 2023, which was 650 more than a week earlier. The registered unemployment rate rose from 7.4% to 7.5%. The highest unemployment rate was in Ida-Virumaa county at 12.3%,…
Latvia’s President, Egils Levits, paid his last foreign visit to Lithuania, meeting with Lithuanian President Gitanas Nauseda, on 5 July 2023, LSM reports. Foreign Minister Edgars Rinkevics will take office as Latvia’s new president on 8 July 2023. Rinkevics will make his first official visit abroad as president to Estonia on 10 July 2023, ERR…