The UAE-based private real estate investment firm, Eagle Hills, plans to invest more than EUR 3bn in the Latvian capital, Riga, over 10-15 years, LSM reports. The company plans to develop an area of around 57 hectares in Riga’s Andrejsala neighbourhood, building more than 6,500 new apartments, outdoor spaces, and a new passenger terminal at…
The Latvian parliament, the Saeima, has approved the seizure of the so-called Moscow House in central Riga, LSM reports. The state is likely to auction the property. The building used to serve as a Russian cultural centre owned by the Moscow city government. Latvia’s State Security Service (VDD) reported that the building was used to…
The municipal administration of Latvia’s capital, Riga, banned a protest in support of Palestine planned for 6 January 2023, LETA reported. Janis Lange, executive director of Riga’s municipal administration, prohibited the protest after security services concluded that the event could pose a threat to public safety. The “For Free Palestine” movement said that the rally…
Latvia’s national airline, airBaltic, carried around 4.5mn passengers in 2023, which was 36% more than in 2022, according to preliminary data, LETA reports. The carrier operated over 44,000 flights, which was 18% more than a year earlier. The company offered direct flights on over 100 routes from bases in Riga, Vilnius, Tallinn, Tampere, and Gran…
Latvia will support Ukraine until total victory, Latvian President Edgars Rinkevics vowed, LSM reported. Speaking at a joint press conference with Ukrainian President Volodymyr Zelensky in Riga, Rinkevics called for shifting the strategic focus. “We have to support Ukraine until complete victory, not, like some say, as long as necessary,” he stated. Complete victory means…
Ukrainian President Volodymyr Zelensky has concluded a two-day official visit to the three Baltic States. At a press conference with Lithuanian President Gitanas Nauseda, Zelensky said that his visit underscored the “shared trust” between nations in Russia’s neighbourhood, BNS reported. Speaking to a large crowd outside the Presidential Palace in Vilnius, Zelensky said that Russia…
Ukraine’s President, Volodymyr Zelensky, has arrived in the Lithuanian capital, Vilnius, on a tour of Baltic States, ERR reports. The topics of discussion will be security, EU and NATO integration, cooperation on electronic warfare and drones, and coordinating European support for Ukraine. Zelensky expressed gratitude for the “uncompromising support” for Ukraine that the Baltic States…
Latvia’s registered unemployment level stood at 5.7% of the economically active population at the end of 2023, which was down from 6.1% at the end of 2022, according to data from the State Employment Agency (NVA), LETA reported. The number of registered unemployed totalled 50,344 at the end of 2023, which was down from 53,536…
Passenger rail service from Estonia’s second-largest city, Tartu, to the Latvian capital, Riga, could begin in the second half of 2025, according to Estonian passenger rail operator Elron, LETA reports. Latvia’s passenger train operator, Pasazieru Vilciens (Vivi), has proposed opening a rail link from Riga to Tartu in spring 2025. Latvia’s Transport Minister, Kaspars Briskens,…