Latvia: Construction output up 16% in H1/2023: statistics

Latvia’s construction output increased by 16.1% in the first half of 2023 compared to the same period of 2022, according to the Central Statistical Bureau’s calendar-adjusted data at constant prices, LSM reports. Construction of buildings rose by 23.2%, specialised construction activities by 17.5%, and civil engineering works by 2.6% over a year. In the second…

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Latvia: PM Karins confirms intention to form new government

Latvian Prime Minister Krisjanis Karins (New Unity) announced his intention to end the current government coalition and form a new one, LSM reports. He said that New Unity’s current coalition partners, the National Alliance and the United List, had rejected his proposals for a ministerial reshuffle and revised policy priorities. Karins said that he would…

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Latvia: Pres. Rinkevics calls for review of electricity tariffs

Latvian President Edgars Rinkevics called for a review of existing electricity distribution tariffs, LSM reports. Speaking after a meeting with Prime Minister Krisjanis Karins, Rinkevics said that the behaviour of the market regulator, the Public Utilities Commission (SPRK), was “unacceptable.” He insisted that the increase in electricity tariffs was “disproportionate.” The new tariffs came into…

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