Websites of several state institutions in Latvia were hit by a major distributed denial-of-service (DDoS) attack on the morning of 2 October 2025, according to the Latvian State Radio and Television Centre (LVRTC), LSM reported. The attack disrupted the websites of e-government portal Latvija.lv, electronic signature service eParaksts, the State Revenue Service (VID), the Cabinet…
Business sentiment in Latvia improved in all economic sectors in September 2025, according to the Central Statistical Bureau’s (CSP) latest survey, LSM reports. The business confidence indicator was 4.8% in retail trade, which was up 1.5 percentage points from August 2025. Business confidence stood at 1.7% in services (up 1.3 points), negative 3.5% in manufacturing…
Estonia’s consumer price index rose by 3.5% in 2024 compared with 2023, according to revised data from Statistics Estonia. Changes in food and non-alcoholic beverage prices had the biggest impact on the index in 2024, accounting for 23.7% of the total rise. Prices of food and non-alcoholic beverages rose by 3.2%, alcoholic beverages and tobacco…
Estonia’s exports of services totalled EUR 3.2bn in the third quarter of 2024, which was up 8% from the same period of 2023, according to data from Statistics Estonia and the Bank of Estonia, ERR reports. Imports of services into Estonia totalled EUR 2.4bn, which was up 2% over a year. Estonia’s trade surplus in…
Estonia’s state IT agency, the Estonian Information System Authority (RIA), has launched a mobile application for accessing the Eesti.ee state services portal, ERR reports. The new application will allow users to access the portal’s most popular services on their smartphones. The application’s use for official identification still requires a legislative amendment. The application is available…
Estonia’s Minister of Regional Affairs and Agriculture, Piret Hartman, has proposed privatising part of the state-owned postal services provider, Eesti Post, ERR reports. She said that the earliest date for a possible IPO could be in 2027. The state would nevertheless retain majority ownership of the company, the minister assured. Eesti Post needs additional capital…
The consumer price index (CPI) in Estonia rose by 3.7% in November 2024 compared to the same period of 2023, according to data from Statistics Estonia, ERR reported. The price of goods rose by 2.5% and services by 5.6% over a year. Compared to October 2024, consumer prices declined by 0.4%. The CPI was primarily…
The Latvian parliament, the Saeima, has passed amendments mandating the country’s largest banks to provide in-person customer service and to maintain a network of ATMs outside big cities as of 2026, LSM reported. The new rules will apply to Swedbank, SEB, Citadele, and Luminor. Currently, the big banks have no permanent customer service points in…
More than 60 Latvian companies are taking part in a large trade mission to the US led by President Edgars Rinkevics, Labs of Latvia reports. Around 80% of the companies represent the service sector. The delegation will visit three cities — Houston, San Francisco, and Denver — over 16-24 September 2024. Economy Minister Viktors Valainis…