The Latvian government may have to take additional austerity measures to implement the ruling coalition’s policy priorities, Prime Minister Evika Silina stated, LETA reports. Earlier, ministries submitted proposals to cut altogether EUR 150mn in public sector spending in 2026. Speaking in an interview with TV3, Silina said that the sum might not be enough to…
Owners of electric scooters in Latvia need to have mandatory third-party liability (OCTA) insurance as of 1 July 2025, LETA reports. The price of OCTA insurance policies for e-scooters will likely be around EUR 24-50 per year. Insurance industry organisations will launch targeted awareness campaigns to inform owners about the need for OCTA. According to…
Latvia’s relations with the US are deep and positive, Latvian Foreign Minister Baiba Braze assured, LETA reports. Speaking in an interview with LTV, Braze noted said that US President Donald Trump’s administration appreciated Latvia for being a good ally and for not engaging in public “loud rhetoric.” Earlier, US Secretary of State Marco Rubio met…
Latvian President Edgars Rinkevics has proposed amendments to simplify the procedure to initiate public referendums, LETA reports. He proposed halving the number of signatures needed to 5% of those who took part in the last parliamentary election and shortening the time to collect signatures to six months. If the 5% threshold is met, the Central…
There can be no lasting peace in Ukraine without the US, Latvian President Edgars Rinkevics stated, LETA reports. Speaking in an interview with TV24, he noted that Ukrainian President Volodymyr Zelensky and US President Donald Trump clearly had serious differences of opinion. However, the most important thing at the moment was not to exacerbate the…
Latvian President Edgars Rinkevics plans to propose lowering the threshold for holding public referendums on legislative changes, LSM reports. Rinkevics discussed the issue with Prime Minister Evika Silina and leaders of parliamentary groups, LETA reported. He will invite constitutional experts to join the discussions. Edmunds Jurevics, leader of New Unity’s parliamentary group, and Harijs Rokpelnis,…
Latvia’s general government deficit totalled EUR 849.6mn in 2024, according to the methodology of the European System of Accounts (ESA 2010), the Ministry of Finance announced, LETA reports. The deficit amounted to 2.1% of GDP, which was 0.3 percentage points lower than in 2023. The general government debt totalled EUR 19bn at the end of…
The total turnover of retail trade enterprises in Estonia amounted to EUR 10.4bn in 2024, which was down 3% from 2023, according to preliminary data from Statistics Estonia, Baltic News Network reports. Retail sales in grocery stores fell by 3% and in stores selling manufactured goods by 4% over a year. Retail sales of automotive…
The four policy priorities of Latvia’s coalition government in 2025 are “security, support for families, economic growth, and reducing bureaucracy,” Prime Minister Evika Silina announced, LSM reports. She will begin individual meetings with ministers to discuss the priorities, according to LETA. Silina said that national security remained the government’s most pressing priority, highlighting the need…