Latvia’s President, Edgars Rinkevics, met with the governor of the Bank of Latvia, Martins Kazaks, to discuss issues related to the banking and financial sector, Baltic News Network reports. The officials noted that high lending costs weakened banks’ interest in providing lending services. Rinkevics called for a “radical change of direction” from Latvian commercial banks,…
An administrative court in Latvia has upheld the decision of the National Electronic Mass Media Council (NEPLP) to annul the broadcasting license of the independent Russian TV channel, Dozhd (TV Rain), TVNET reports. Dozhd announced that it would appeal the ruling in all instances, including in the European Court of Human Rights if necessary. Dozhd…
Ukraine’s future is in NATO, and the country will join the defence alliance, Latvia’s Prime Minister, Krisjanis Karins, stated, Baltic News Network reports. Speaking at the opening of the newly-formed NATO-Ukraine Council, Karins said that the longer Russia continued the war in Ukraine, the more united NATO would become. He said that there were two…
Estonian media group Ekspress Grupp’s digital subscriptions totalled 175,379 at the end of the first half of 2023, which was nearly 34,000 (24%) more than in the same period of 2022, GlobeNewswire reported. The number of subscriptions rose by 9% in the second quarter of 2023 and 20% in the first six months of 2023….
Parties in Latvia’s Riga City Council are still at odds with each other, acting mayor Vilnis Kirsis (New Unity) admitted, LETA reports. Following a meeting between New Unity and the combined faction of Movement For and the Progressives (PP), Kirsis said that “the spirit of compromise and cooperation had yet to be born on a…
Latvia’s new president, Edgars Rinkevics, is “more people-oriented” than his predecessor, Egils Levits, Juris Rozenvalds, head of the Social and Political Studies Institute at the University of Latvia, said, LETA reports. Rozenvalds pointed out that Rinkevics had a sense of humour and was not as “preachy” as Levits. He noted that Rinkevics is popular among…
Latvia’s new president, Edgars Rinkevics, has appointed his chief policy advisers and aides, LSM reports. Gunda Reire, parliamentary secretary at the Ministry of Foreign Affairs, will become head of the presidential chancellery. The president’s chief legal adviser is Kristine Licis, who has served as Latvia’s representative in international institutions. Edvins Severs will continue as the…
Latvia’s foreign trade turnover totalled EUR 17.93bn in the first five months of 2023, which was down EUR 718.4mn (3.9%) from the same period of 2022, according to provisional data from the Central Statistical Bureau, LSM reports. Exports totalled EUR 8.12bn, which was down EUR 281.2mn (3.3%) over a year. Imports totalled EUR 9.81bn, which…
Latvia’s Prime Minister, Krisjanis Karins, and Italian Prime Minister Giorgia Meloni met in Riga on 10 July 2023, The Baltic Times reports. The two prime ministers stressed the need for cooperation in strengthening the EU’s external borders and controlling external migration. Karins noted that Italy and Latvia were developing a similar understanding on migration and…