Latvia: Russia to remain threat to Europe: Foreign Minister

Latvian Foreign Minister Krisjanis Karins asserts that even if Ukraine regains control of all conquered territories, Russia will still remain a military threat to Europe, LETA reports. He argued that Russia’s government was rooted in imperialist ambitions and saw external enemies as a means to distract from domestic issues. Karins highlighted the changing security landscape…

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Latvia: Gas supplier fined for violation of Belarus sanctions

Latvia’s Office of the Prosecutor General has fined the local LPG supplier, Latvijas Propana Gaze (LPG), and its co-owner, Anatolijs Cernihs, for attempted violation of international sanctions, LETA reports. The prosecutor banned LPG from making any transactions with Belarusian companies for one year. The sanctions violation involved iron and steel products. The prosecutor confiscated EUR…

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Latvia: President, Foreign Minister stress Israel’s right to defend itself

Latvia’s President Edgars Rinkevics and Foreign Minister Krisjanis Karins strongly condemned the indiscriminate terrorist attacks by Palestinian group Hamas against Israeli citizens. They stressed that Israel had the right to defend its people. Latvia stands in solidarity with the people of Israel, Rinkevics stated. Karins insisted that the violence must stop. At the same time,…

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Latvia: Government to submit 2024 budget to parliament in November

Latvia’s Ministry of Finance plans to submit draft laws on the state budget for 2024 and budget plans for 2024-2026 to the parliament, the Saeima, on 3 November 2023, LETA reports. The government will discuss the budget at its next meeting. The new coalition government’s declaration pledges to carry out a “balanced social, environmental, and…

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Latvia: Turkish investors drop plan to reopen Liepaja steel plant

Turkish-owned Liepaja Steel has abandoned plans to resume production at its steel plant in the Latvian city of Liepaja, LETA reports. The company will dismantle the plant’s steel melting furnace and move the machinery to Türkiye. Liepaja Steel failed to reach agreement with the Liepaja city council and the Liepaja Special Economic Zone (Liepajas SEZ)…

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