The Latvian government plans to restrict the ability of Russian citizens to buy land in Latvia, LETA reports. The ruling three-party coalition has agreed on the plan conceptually, following a proposal from the Ministry of Agriculture. The government will analyse the example of similar draft legislation in Finland. Latvian Foreign Minister Baiba Braze has discussed…
The Russian unmanned aerial vehicle (UAV) that crashed in Latvia’s eastern Rezekne municipality was an Iranian-designed Shahed drone carrying 90 kg of explosives, the Latvian National Armed Forces (NBS) announced, LETA reports. The drone’s warhead did not detonate in the crash. NBS deactivated the drone and is now inspecting its components. Janis Garisons, former state…
Latvia’s Financial Sector Development Board (FSAP), chaired by Prime Minister Evika Silina, reviewed the country’s anti-money laundering (AML) measures during a meeting on 5 September 2024, LSM reports. The Financial Intelligence Unit (FID) reported on Latvia’s progress in relation to the Council of Europe’s evaluation of the country’s AML efforts. The meeting also addressed concerns…
A Russian military drone crashed in Latvia’s Rezekne municipality on 7 September 2024, the Ministry of Defence announced, LETA reports. The unmanned aerial vehicle flew from neighbouring Belarus. The Latvian National Armed Forces (NBS) detected the arrival of the drone into Latvian airspace, monitored its movement, and determined the location of its fall. Initial information…
Latvia’s electricity production totalled 6,388 GWh in 2023, which was 27.0% more than in 2022, according to data from the Central Statistical Bureau (CSP), LSM reports. Renewable energy sources accounted for 4,963 GWh of total electricity production, which was 1,146 GWh (30.0%) more than a year earlier. Hydro power plants generated 3,794 GWh of electricity (up…
The Latvian government will freeze public funding for political parties in 2025, Prime Minister Evika Silina announced, LSM reports. She said that coalition parties had approved the proposal to halt the indexation of state support for parties. The government’s austerity measures have required ministries to cut spending in the public sector. Altogether 12 political parties…
Latvia will host an international “drone summit” in the beginning of 2025, Defence Minister Andris Spruds announced, LSM reports. He said that the summit would promote the creation of secure supply chains for drone components and the production of drone systems in NATO member states. The cooperation was aimed at ensuring targeted deliveries of unmanned…
Latvia’s Riga International Airport (RIX) served a total of 4.6 million passengers in the first eight months of 2024, which was 8% more than in the same period of 2023, LSM reports. The number of flights to and from Riga totalled 41,500. In August 2024 alone, the airport served 740,000 passengers, which was up 8%…
The Latvian government plans to raise the country’s minimum wage in 2025, Finance Minister Arvils Aseradens announced, LETA reports. Under the minimum wage algorithm, the monthly minimum wage will rise to EUR 740 in 2025, EUR 780 in 2026, EUR 820 in 2027, and EUR 860 in 2028. Currently, the minimum wage stands at EUR…