On 21 November, the Organisation for Economic Co-operation and Development (OECD) presented the latest global “OECD Economic Outlook 2019, in which OECD experts evaluated the situation in the global…
On 14 November, the Saeima approved the state budget for 2020 in its final reading. The total budget of the Ministry of Economics planned for the next year amounts to 104,821,119 euro. Our budget…
The draft National Energy and Climate Plan 2030 (NEC 2030) submitted by the Ministry of Economics (MoE) was announced at the Meeting of the State Secretaries for interinstitutional coordination on 14…
On 12 November, the tourism industry’s most important annual event was held in Riga – the Latvian Tourism Forum, which gather together representatives of the industry, municipalities, public…
In the 10 months of 2019 (January-October), mandatory electricity procurement rights have been cancelled for 16 power plants, which has allowed to prevent potential increase in total costs of MPC…
At the meeting of 29 October, the Cabinet of Ministers decided that the University of Latvia think tank LV PEAK (LV PEAK), a structural unit of the Faculty of Business, Management and Economics of…
According to the World Bank’s ranking of the most business-friendly countries in the world, Latvia ranks 19th in the competition with 190 countries this year, leaving 171 economies behind. In this…
On Wednesday, 23 October, one of the most important events in the 17+1 cooperation format between China and Central and Eastern European countries (CAE) was held in Riga – the 5th High-Level China…
The first 5G policymakers' hackathon will be held on November 26-27 in Riga, Latvia, during the 5G Techritory Forum. The hackathon will bring together participants from businesses, mobile…
On 8 October, the Minister of Economics Ralfs Nemiro met with the United States Secretary of Energy Rick Perry in Riga. During the meeting they discussed a broad spectrum of energy matters,…