During presentation of the OECD study entitled “Access to Justice for Business and Inclusive Growth in Latvia”, OECD experts emphasized that Latvia is the fastest growing economy in Europe and has…
At the meeting of the Cabinet of Ministers on May 8, 2018, the amendments proposed by the Ministry of Economics in the Labour Law were supported allowing to provide for a lower supplement for…
During the meeting of May 3, 2018, the bill for a new Law on Residential Tenancy prepared by the Ministry of Economics was supported by the Cabinet of Ministers and it provides for a new regulation…
In order to increase the efficiency of the tender for the creation of oil security reserves and to ensure that oil reserves are created by merchants who have successfully passed the security…
On April 25, 2018, the Ministry of Economics, the Employers' Confederation of Latvia, the Latvian Chamber of Commerce and Industry, and six branch associations signed a Memorandum on the Development…
In the meeting of Cabinet of Ministers held on April 17, 2018, a decision was made to set up a working group to abolish the system of the electricity mandatory procurement payment. The working group…
The new start-up ecosystem in Latvia is developing very rapidly — currently, there are about 320 start-ups in Latvia that have been able to attract investments for more than EUR 210 million and are…
On April 12, 2018, the Saeima endorsed the amendments to the Law On Aid for the Activities of Start-up Companies, which will further accelerate the development of start-ups in Latvia allowing to…
The European Commission (EC) study Latvian Research Funding System. Final Report recognized the importance of EU funds program and thus the contribution of EU funding to the development of innovation…
On April 10, 2018, the Cabinet of Ministers approved the Seventh Progress Report on the implementation of the Latvian National Reform Program (Progress Report). It is prepared annually and submitted…
