According to the data published by Central Statistical Bureau of Latvia, GDP, in the first three quarters of 2018, in comparison with the corresponding period last year, has increased by 4.7%…
On March 13, 2018, Arvils Ašeradens, Minister of Economics, met with Jānis Endziņš, Chairman of the Board of the Latvian Chamber of Commerce and Industry (LCCI), and Inna Šteinbuka, Head of the…
According to the Central Statistical Bureau of Latvia flash estimate of GDP growth rate in the 3rd quarter, GDP has increased by 4.8% in comparison with the corresponding period last year. However,…
Since Latvia began to overcome the consequences of 2008 global financial crisis, the retail trade turnover has gradually increased. The output of sector is positively affected by the rise in private…
At the beginning of October 2018, experts from the Organization for Economic Co-operation and Development (OECD) visited Latvia to discuss the preparation of the 2019 Economic Survey on Latvia. The…
During the meeting of October 4, 2018, the Saeima approved amendments to the Consumer Protection Rights Law providing for a series of changes in non-bank loans or issuing of the so-called "quick…
Promotion of affordable housing has been and will be the most important priority in the housing policy implemented by the Ministry of Economics. The Soviet-era multi-apartment housing in Latvia is…
European Observatory for Clusters and Industrial Change (EOCIC) introduce cluster ecosystem with the first newsletter, which follows up from the previous European Cluster Observatory. The aim of this…
On 18 September 2018, the government supported the amendments to them Construction Law, drafted by the Ministry of Economics, providing that from 2019, the entire documentation required for the…
Ministry of Economics has stepped up control measures for beneficiaries of the Mandatory Procurement Component (MPC). An ambitious inspection process of all the approximately 400 power plants selling…
