Over the next seven years, investments from the multiannual budget of the Recovery Fund and the EU Structural Funds will provide significant support to boost productivity, digitisation, export and…
As of 1 January 2023, the Ministry of Climate and Energy (hereinafter referred to as MoCE) has started working. This has been achieved by reorganising the Ministry of Economics (hereinafter referred…
According to the Central Statistical Bureau, consumer price levels decreased by 0.5% in December 2022 compared to November 2022, being the sharpest price drop in December in the last eight years. The…
The Cabinet of Ministers approved amendments to the By-Laws of the National Energy Crisis Centre (hereinafter referred to as the Centre) at the meeting of 10 January 2023, defining that in future the…
At its meeting of January 10, the Cabinet of Ministers supported a new Recovery Fund Support Programme developed by the Ministry of Economics (MoE) for entrepreneurs “Support for digitalisation of…
The economic situation in the world and also in Latvia is significantly affected by the unprovoked Russian invasion of Ukraine this year. Because of the war, global economic activity is slowing down,…
This week, following long discussions at another meeting of the European Union Ministerial Council for Energy, Member States agreed on a price cap on wholesale natural gas. After several rounds of…
At the meeting of the Cabinet of Ministers on December 20, amendments to the Electricity Market Law developed by the Ministry of Economics were approved, stipulating that electricity consumers will…
On December 14, the Saeima expressed confidence in the new Cabinet of Ministers set up by Krišjānis Kariņš and Ilze Indriksone was reapproved as the Minister of Economics. As it is known, I…
