Latvia
What Latvian farmers should do with the spare milk?
Due to Russia‘s ban on import of food products, there is now overproduction of dairy products, while procurement prices for milk are falling and many Lithuanian dairy companies have terminated their contracts with Latvian dairy farms, therefore the state should provide support for not only specific companies, but also for dairy farms, experts told the business portal Nozare.lv. […]
Two Latvians detained in Lithuania following police shoot-out
Two Latvians were detained in Lithuania’s Rokiškis District near the Lithuanian-Latvian border on Sunday night after local police fired several shots to stop their vehicle. Nobody was injured in the incident. The Latvians are suspected of having injured a teenage cyclist, 15, in a hit-and-run. […]
Lithuania invites Latvia and Estonia to take part in new nuclear plant project
Lithuanian Energy Minister Jaroslav Neverovič on Thursday invited Latvia to participate in the Visaginas nuclear power plant project, saying that a planned interim project company could be more efficient if partners, Latvia and Estonia, took part in it. […]
Bank of Latvia: A special day and not only for Lithuania
This is an historic day for Lithuania and all the other Baltic States. Long and hard work on putting the economy right has been rewarded with an official invitation to join the euro zone as of 1 January 2015. Another wall then comes down for the people of the Baltic States, not least when it comes to business relations. This is one aspect that Latvia can’t help but value given its long border of almost 600 km with Lithuania. […]
Organizers threaten to pull high-profile music festival from Latvia following sanctions against Russian performers
Russian composer and organizer of the New Wave music contest, Igor Krutoy, warns will consider moving the annual festival out of Latvia‘s Baltic resort Jurmala. His statement follows a decision by the Latvian government to refuse entry to several Russian pop performers due to their vocal support for Moscow’s policies in Ukraine. […]
Lithuania’s Linas Agro granted 30-million loan to expand in Latvia
SIA Linas Agro, a subsidiary of AB Linas Agro Group, has refinanced its existing liabilities and attracted new capital to develop its business in Latvia. The credit line for working capital in the amount of EUR 30 million has been granted by SEB and DNB banks in Latvia within the scope of the club loan with SEB Banka being the leading bank of the transaction. […]
Latvia stops pork imports from Lithuania
After an outbreak of African swine fever in one of the largest pig farms in Lithuania, the Food and Veterinary Service of Latvia has halted the import of several pork product categories, including fresh pork meat, frozen pork, as well as various pork product – sausages, ground pork, packaged pork, etc., informs NOZARE.LV/LETA. […]
Latvia’s airBaltic becomes world’s first airline to accept Bitcoins
Latvian national airline AirBaltic has become the world’s first airline to accept Bitcoins as payment for its services, the company informs. […]
Young conservatives suggest banning pro-Kremlin artists from entering Lithuania
Members of the youth branch of the Homeland Union-Lithuanian Christian Democratic Party (TS-LKD) turned to the state leaders and responsible officials, calling on them to take measures in order to make sure that some Russian performers, who they say spread Moscow’s propaganda, are put on the list of people undesirable in Lithuania. […]